China’s electric vehicle (EV) manufacturer, Neta, has officially entered the Kenyan market. This move marks a significant step in the expansion of Neta’s global footprint and underscores the growing importance of Africa as a market for EVs. The entry of Neta into Kenya is expected to stimulate competition and offer Kenyan consumers more choices in…
Amid political unrest in Kenya, the reliability of traditional internet infrastructure has come under scrutiny. On a recent Tuesday evening, internet speeds were throttled during anti-government protests, leading to public outcry. Kenyans turned to Virtual Private Networks (VPNs) to maintain their online connectivity. The Communications Authority of Kenya (CAK) denied any plans for an internet…
The Kenyan shilling has made significant gains against the US dollar this year, appreciating by 17.8% from January to June. This growth reflects a combination of favorable market conditions, increased foreign exchange inflows, and investor confidence. Weekly Performance and Key Drivers In the past week, the shilling strengthened by 1.06%, closing at 128.66 from the…
How the Integrated Customs Management System Works Customs agencies worldwide face the dual challenge of facilitating trade while ensuring regulatory compliance. To address these challenges, the Kenya Revenue Authority (KRA) has implemented the Integrated Customs Management System (iCMS), a streamlined and efficient platform designed to integrate various customs processes into a cohesive system. This article…
Family Bank received high praise for its digital innovation efforts. CEO Nancy Njau expressed joy over this recognition, seeing it as proof of their dedication to putting customers first in today’s fast-paced digital world. The bank recently won an award for exceptional customer service during the Innovation and Excellence Awards East Africa held at the…
