BUSINESS NEWS

Over 4.8 million Kenyans are on the cusp of having their Kenya Revenue Authority (KRA) Personal Identification Numbers (PINs) deactivated by the end of August over failure to migrate to the iTax platform, should the tax collector makes true its warning. KRA in a statement warned that those who will…

A senior US trade official has urged Kenya the other East African Community countries Uganda and Tanzania to “revisit” their collective ban on second hand clothes imports. The official said that reasons given in support of the ban by Rwanda, Tanzania and Uganda “are not supported by data or…

Kenya is set to benefit from the visit of Asia’s richest man Jack Ma, who visited Kenya two weeks ago to encourage young Kenyans turn to entrepreneurship. The Chinese billionaire will now be making his first investment in Kenya through taxi firm, Didi Chuxing, which will partner with global taxi…

A Sh200 million Automated Weather Observation System (AWOS) has been installed at the Kisumu International Airport, further improving that airport’s profile as one of the best ports in the region. Environment Cabinet Secretary Judi Wakhungu said that the new installation has placed Kisumu airport…

A United States firm, Heifer International has unveiled a program that will provide more agricultural market information to over 2,000 farmers with no Internet access in Kenya. The non-profit organization, based in Arkansas, USA, revealed that it will collaborate with London-based Wefarm, a free…

Uber has announced that it will be offering free transport to persons living with disabilities in three Kenyan urban areas of Nairobi, Mombasa and Thika on election day to and from their respective voting centers to enable and encourage them to participation in the crucial democratic right of…

ABC Bank has unveiled a new anti-money laundering software known as OMNIEnterprise as global regulators continue to warn against money laundering. John Rioba, the financial institution's head of risk and compliance, divulged that other than the new technology crafted by Infrasoft Technologies Ltd,…

Authorities from the United Kingdom have launched investigations into claims that cigarette maker British American Tobacco (BAT) oversaw a systematic bribery syndicate in Nairobi with an aim to stifle anti-smoking laws and collect business intelligence on competitors. The investigation is expected…

Kenya is likely to receive increased international tourist arrivals from China starting in September, following the recent visit of e-commerce tycoon Jack Ma two weeks ago. Reports from leading Chinese tour operators indicate a rise in holiday booking inquiries about Kenya from their customers…

Alphabet’s Google Chief Executive Officer has announced plans to train Kenyans to equip them with online skills over the next five years in a program aimed at making them more employable. The US-based technology giant said that it will train 10 million People in Africa with online skills and a…