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Financial services and ICT sectors continued to control more than half of corporate income taxes (CIT) paid to the Kenya Revenue Authority (KRA) last financial year ended June, pointing to relatively ...

The author is the Executive Director at Kua Ventures. [email protected] ...

A digital lender, Azura Credit Limited, has been ordered to pay Sh250,000 to a man it harassed over a loan he purportedly guaranteed on behalf of a borrower. A loan guarantor is a third party who ...

President William Ruto's administration lifted a December 2019 blanket moratorium in October last year, re-opening issuance of licences and permits for prospecting and mining. The Mining ministry has ...

Mining firms in the Democratic Republic of Congo have been forced to import electricity from as far as Kenya and Ethiopia amid a biting supply, ironic for a country that would potentially power most ...

SMEP closed the year with Sh3.89 billion in total assets and a capital base of Sh1.05 billion alongside 47,437 deposit accounts and 20,387 loan accounts. SMEP Microfinance Bank Limited has grown to ...

MPs and former lawmakers top the list of Saccos loan defaults that crossed the Sh60 billion mark as one of Kenya’s wealthiest cooperative society struggles under the weight of unpaid loans. Data from ...

President William Ruto has backed US billionaire Elon Musk’s Starlink’s entry into Kenya amid a petition from Safaricom to reconsider the award of licences to satellite Internet providers. Dr Ruto ...

Egypt and Ethiopia have escalated their age-old feud over the Nile into an arms race in Somalia that is now likely to affect the neighbours' cooperation in the fight against terrorism. Somalia has ...

Currently, 92 percent of African gamers play on mobile devices, and many spend more than three hours daily on games. The global gaming industry is one of the fastest-growing sectors, projected to ...

Dealers in precious minerals such as copper, which the government declared strategic last year, are seeking a transition window to export them to recoup millions of shillings in investments and pay ...