Ride-hailing service Bolt Kenya has recorded a 46% reduction in trips conducted outside its app in the past six months, following the introduction of stricter safety measures aimed at curbing non-compliant practices. Click here to join our WhatsApp Channel The company credits the significant decline to its tougher enforcement strategy, …
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The Kenyan government, in partnership with the Kenya Agricultural and Livestock Research Organization (KALRO) and the Korea Partnership for Innovations of Agriculture, is planning to establish a modern rice seed production facility in Mwea. Click here to join our WhatsApp Channel With an investment of $400,000 (approximately Sh51.6 million), the …
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Metropolitan National Sacco Ltd has unveiled plans to rebrand—including adopting a new name—as part of a wider strategy to recover from ongoing financial difficulties and insolvency. Click here to join our WhatsApp Channel This decision comes in the wake of revelations that significant funds were misappropriated by certain individuals within …
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Kenya’s pension sector has experienced significant growth, with total assets under management reaching Ksh2.21 trillion by December 2024. This marks a 27.94% increase from 2023, representing the largest rise since 2019. In 2019, pension assets were valued at Ksh1.3 trillion, growing to Ksh1.4 trillion in 2020 and Ksh1.55 trillion in …
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The government has introduced a 50% duty waiver on imported yellow maize to address rising prices driven by competition between animal feed millers and maize millers for white maize. This waiver, which applies to 5.5 million bags of yellow maize over the next year, will be granted exclusively to approved …
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Safaricom PLC has announced that its M-Pesa services will undergo scheduled system maintenance on the night of Monday, April 7, 2025, from 1:00 am to 1:30 am. In a public notice released on Saturday, the telecom company explained that the 30-minute maintenance is part of ongoing efforts to enhance service …
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The Kenya Revenue Authority (KRA) is working on simplifying the Pay As You Earn (PAYE) filing process, which has been a deterrent for MSMEs in filing their returns. Click here to join our WhatsApp Channel KRA Commissioner General, Humphrey Wattanga, highlighted the complexity of the PAYE system, which hampers compliance …
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The Betting Control and Licensing Board (BCLB) has instructed all licensed gaming operators to submit their aviator and crash games for regulatory scrutiny due to concerns over fairness, transparency, and consumer protection. Click here to join our WhatsApp Channel Operators have seven days to provide a detailed list of these …
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Kenya has bolstered its digital partnerships with other African nations, according to a government official on Friday. Click here to join our WhatsApp Channel William Kabogo Gitau, Cabinet Secretary for the Ministry of Information, Communications, and the Digital Economy, stated that Kenya is working to expand its digital solutions, such …
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Chinese automotive brand Jiangling Motors Corporation (JMC) has made its debut in the Kenyan market, with distribution handled by motor dealer Caetano Kenya. Click here to join our WhatsApp Channel Aurelien Glay, managing director of Caetano Kenya, announced that the Vigus range, which includes a single cab, double cab, and …
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The Lower Eastern Times Opening The Third Eye