Stories By Peres Akinyi
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PricewaterhouseCoopers sounds alarm on looming tax changes
Nov 21, 2024 at 01:30 PM
Kenyan taxpayers could face sweeping changes in how they are taxed, following new proposals in the Tax Laws (Amendment) Bill, 2024, and the Tax Procedures (Amendment) Bill, 2024....
KCB Group post-tax profits soars by 49 per cent to Sh45.8 billion in Q3 2024
Nov 21, 2024 at 12:58 AM
KCB Group Plc has reported an impressive 49 per cent increase in its profit after tax, reaching Sh45.8 billion for the first nine months of 2024, up from Sh30.7 billion in the same...
SGR leaks Sh144 million as passenger numbers, cargo volumes drop
Nov 19, 2024 at 11:58 PM
The Standard Gauge Railway (SGR) is navigating a rough patch, reporting a Sh144 million revenue drop between August and September 2024 as passenger numbers and cargo volumes took a...
National Treasury denies owing counties as governors warn of service disruptions
Nov 19, 2024 at 01:11 PM
The National Treasury has firmly denied owing any arrears to county governments, following a warning by the Council of Governors (CoG) about potential service delivery disruptions ...
Proposed tea bill could leave farmers vulnerable to price fluctuations
Nov 18, 2024 at 06:44 PM
A new legislative proposal, the Tea (Amendment) Bill 2023, has sparked concerns over the financial stability of Kenyan tea farmers, as it seeks to overhaul the allocation of revenu...
Safaricom spreads festive joy with dealer, M-Pesa agent recognition in Eldoret
Nov 15, 2024 at 05:09 PM
Safaricom brought early festive cheer to its Rift Valley dealers and M-PESA agents during a special engagement dinner in Eldoret....
One million Kenyans set to gain AI and cybersecurity skills in Microsoft initiative
Nov 14, 2024 at 05:04 PM
Microsoft has unveiled a pioneering skilling initiative in Kenya, aimed at empowering one million individuals with AI and cybersecurity skills by 2027....
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Kirinyaga traders back plans for ultra-modern Kagio market expansion
Nov 14, 2024 at 02:22 PM
Traders at the Kagio fresh produce market are optimistic about the upcoming construction of an ultra-modern market facility....
CBK warns public against misleading information on banking stability
Nov 13, 2024 at 11:27 PM
The Central Bank of Kenya (CBK) has issued a decisive warning to the public, urging vigilance against false information circulating about the nation’s banking sector....
SHA leadership turmoil as acting CEO Elijah Wachira goes on compulsory leave
Nov 13, 2024 at 10:44 AM
The Social Health Authority (SHA) has ousted its Acting Chief Executive Officer, Elijah Wachira, placing him on a 90-day compulsory leave to pave the way for an investigation into ...
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BIMA: Safaricom secures licence from IRA to launch new insurance product
Nov 08, 2024 at 03:14 PM
Safaricom has been granted an insurance intermediary licence by the Insurance Regulatory Authority (IRA), officially paving the way for the company to introduce insurance services ...
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Nairobi Women's Hospital Rongai branch patients, staff in limbo as it closes doors
Nov 01, 2024 at 09:49 AM
Nairobi Women’s Hospital has announced the immediate closure of its Rongai branch, effective Thursday, citing unavoidable external business and operational factors....
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Govt sets aside Sh9 billion to settle NHIF outstanding hospital debts through SHA
Oct 31, 2024 at 08:46 AM
The government has committed Sh9 billion to the newly established Social Health Authority (SHA) to settle the piling debts to hospitals as it seeks to handle the crisis emanating f...
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Safaricom, Vodafone, MOE launch Sh240 million digital skills program for teachers
Oct 29, 2024 at 02:53 PM
A new dawn for digital education in Kenya is taking shape as Safaricom Foundation, in partnership with the Ministry of Education and Vodafone Foundation, launches a transformative ...
Planned public sector unions strike called off after Govt’s SHA deal
Oct 25, 2024 at 12:34 PM
A looming nationwide strike by public sector unions has been averted following a decisive agreement between the government and union leaders, addressing union grievances about the ...
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Govt moves to address affordability of device to stimulate digital economy
Oct 24, 2024 at 12:41 AM
Device affordability remains a significant hurdle in Kenya's journey towards digital transformation, prompting the Government's renewed commitment to address this issue....
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Govt unveils multi-sectoral committees to oversee SHA implementation
Oct 22, 2024 at 11:26 PM
The government has established Multi-Sectoral Steering Committees at the county level to strengthen the implementation of the Social Health Authority (SHA) programme....
Treasury releases Sh1.5 billion to settle NHIF debts as SHA rollout intensifies
Oct 16, 2024 at 08:02 AM
The government has started clearing the crippling debt owed by the now-defunct National Health Insurance Fund (NHIF) to health institutions, providing much-needed relief to a secto...
M-Pesa Global expands to Ethiopia to boost cross-border financial inclusion
Oct 14, 2024 at 05:13 PM
In a groundbreaking move aimed at fostering financial inclusion and regional integration, Safaricom has extended its M-Pesa Global service to Ethiopia....
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Ministry of Health probes reports of adverse reactions to polio vaccine
Oct 11, 2024 at 04:43 PM
The Ministry of Health has commenced investigations into reports of adverse reactions linked to the recent nationwide polio vaccination campaign, which aimed to combat a recent out...
