Unlocking Investment Opportunities: Standard Chartered Bank Kenya’s Offshore Unit Trust Funds
Standard Chartered Bank Kenya has introduced an exciting opportunity for Kenyan investors to explore offshore…
Kenya Joins Regional Peers to Unveiling 2025/26 Fiscal Strategies – Who Wins and Loses?
Nairobi, Kenya – As East Africa braces for an economic showdown, Kenya has joined Uganda, Rwanda, and Tanzania in presenting competing budget blueprints for the 2025/26 fiscal year, collectively allocating over $58 billion to reshape the region’s economic landscape. With growth projections diverging and taxation strategies clashing, these budgets reveal how each nation plans to…
KRA to Deactivate 23,000 VAT Accounts as Collections Hit Record KSh 32 Billion in May 2025
Nairobi, Kenya – The Kenya Revenue Authority (KRA) has launched its most aggressive compliance crackdown in five years, deactivating 23,000 VAT accounts while simultaneously reporting a record KSh 32 billion VAT collection for May 2024. This dual action reveals the tax agency’s new “carrot-and-stick” approach to boosting revenue, combining enforcement with improved service delivery. But…
Kenya Risks Being Grey Listed Over Money Laundering Concerns by European Union
Nairobi, Kenya – In a development that could cost Kenya’s economy up to $3.2 billion annually, the European Commission has formally recommended adding Kenya to its list of high-risk jurisdictions for money laundering and terrorist financing. This “grey listing” – if approved by the European Parliament – would place Kenya alongside countries like South Africa…
World bank Cites Weak Governance As Root Cause of High Electricity Prices In Kenya
Nairobi, Kenya – World Bank report has cited that systemic governance failures – not just technical or market factors – are the primary driver behind Kenya’s persistently high electricity costs, which remain 42% above the African average despite the country’s abundant renewable energy resources. The findings come as Kenyan households and businesses grapple with power…
Kenya’s KSh 2.5 Trillion Energy Revolution: How the Government Plans to End Persistent Blackouts
Nairobi, Kenya – In an effort to solve persistent power crisis, the Kenyan government has unveiled a comprehensive KSh 2.5 trillion ($20 billion) energy masterplan that will dramatically reshape the country’s power generation, distribution, and consumption landscape by 2030. The strategy, which combines massive renewable energy expansion with strategic fossil fuel investments, aims to not…
SBM Bancassurance: Redefining Financial Protection in Kenya’s Digital Age
Nairobi, Kenya – In an era where 63% of Kenyan adults remain underinsured despite growing financial risks, SBM Bancassurance Intermediary is pioneering a tech-driven approach to insurance accessibility. The company’s innovative bancassurance model, which merges banking convenience with tailored insurance solutions, now protects over 1.2 million Kenyans across 14 financial institutions. But how exactly does…
Nairobi County & Muiaa Labs on Web3 Blockchain Bootcamp Awarding Ceremony: Celebrating Young Innovators
Nairobi, Kenya – May 14, 2025 The just-concluded Nairobi County Web3 & Blockchain Bootcamp Award Ceremony marked the triumphant end of a three-day intensive innovation program aimed at nurturing the next generation of blockchain developers. Hosted by MUIAA Labs in collaboration with the Nairobi City County Government and Computer Aid International, the event brought together…
Nairobi’s Web3 Mentorship Marathon – Building Solutions, Not Just Slides
April–May 2025 | Nairobi County, Kenya While the 3-day Nairobi County Web3 Bootcamp brought the buzz, it’s the days after that have quietly become the real game-changer. Welcome to the mentorship phase, where participants are trading hype for hands-on hustle. Organized by MUIAA Ltd, in partnership with Nairobi City County and Computer Aid International, this…
