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Meta Announces 5% Withholding Tax Deduction From Kenyan Creators’ Earnings

Donald Matiangi -
According to the company, the new requirement stems from changes in Kenya’s tax framework targeting digital income streams.
Business

Gov’t Orders Digital Taxi Apps to Hike Fares by 50P.C. for Drivers

Donald Matiangi -
Ministry of Transport issued the directive following years of disputes between drivers and app companies over fares deemed insufficient to sustain livelihoods.
Business

Kenya Secures Ksh778 Million World Bank Grant to Boost Infrastructure Development

James Simiti -
Kenya Secures Ksh778 Million World Bank Grant to Boost Infrastructure Development The Kenyan government has received a grant of Ksh778 million from the World Bank...
Business

Kenya Delays Licensing of Cryptocurrency Firms Pending New Regulations

James Simiti -
The announcement means that no firm is currently authorised to operate as a licensed VASP in or from Kenya
Business

13 Nairobi Matatu SACCOs Threaten Strike in Escalating Dispute With EPRA Over Petrol Station Terminals

James Simiti -
The operators argued that the move was “malicious and punitive,” insisting it would severely disrupt public transport in the capital.
Business

KNEC Issues Strong Warning After Fake Mass Recruitment Notice Circulates Online

James Simiti -
The examinations body said the widely shared notice did not originate from KNEC
Business

Massive Job Losses Loom as 392 Kenyan Companies Face Sudden Shutdown

James Simiti -
Hiram Gachugi confirmed that 126 companies have already been formally dissolved under Section 897(4) of the Companies Act.
Business

Kenyans to Pay Ksh4.78 More Per Unit of Electricity in November After EPRA Tariff Adjustment

James Simiti -
EPRA outlined statutory charges that have contributed to the increase, citing rising fuel costs, foreign exchange fluctuations, and environmental levies.
Business

Over 12,000 Kenyans Receive NYOTA Funding in Government Youth Empowerment Drive

Donald Matiangi -
PS Mang’eni confirmed that a total of Ksh303,875,000 had been distributed to the beneficiaries.
Business

Kenya Maritime Authority Advertises Jobs Ahead of December Deadline

Donald Matiangi -
Kenya Maritime Authority Advertises Jobs Ahead of December Deadline The Kenya Maritime Authority (KMA) has opened applications for a series of new positions as part...
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