Technology
Singapore develops groundbreaking rain-to-electricity technology
This revolutionary technology harnesses the kinetic energy from falling raindrops, transforming it into usable electrical power.
Business
Business
Treasury releases Sh15.1 billion to counties, but uncertainty lingers
“We demand that the National Treasury immediately release the funds owed to counties; failure to which, county governments will have no choice but to shut down operations completely,” Abdullahi said.
Business
Banks push back against CBK’s new lending rate guidelines
"CBK proposes the use of the policy rate (Central Bank Rate) as the common reference rate for determining lending rates in the Kenyan banking sector.
Technology
Apple, Meta fined Sh103.3 billion by EU in first major use of digital rules
The decisions sparked swift backlash from the companies. Apple accused the Commission of unfair treatment and claimed its efforts to comply were ignored.
Technology
AI's dark side: A growing threat to global security
"Artificial Intelligence has become a double-edged sword. It can be a blessing to humanity if used properly, ethically and with adequate controls,” the report states.
Technology
OpenAI says it would buy Chrome if Google is forced to sell
In a separate development, reports have surfaced suggesting OpenAI is exploring the creation of its own social media platform.
Business
Senate blocks CRA formula, protects county funds
In past revenue-sharing formulas, population has consistently carried the highest weight. For instance, the first framework assigned it 45 per cent, with equitable share at 25% and poverty at 20%.
Technology
New WhatsApp feature enables offline message translation
The Chat Translate feature allows users to translate messages from one language to another within the chat.
Business
Mudavadi courts Chinese investors for JKIA expansion project
Mudavadi emphasized the need for a world-class airport to reinforce Kenya’s role as the premier gateway in the East African region.
Business
Kenya and Uganda sign Sh17 Billion deal for cross-border water project
This marks a significant step forward for a project first envisioned in 2015, developed in collaboration with the Nile Basin Initiative under its Equatorial Lakes Subsidiary Action Program (NELSAP).
Business
Sh2 billion manufacturing equipment imports set for VAT exemption
The proposed changes are expected to provide clarity for existing and new investors by creating a more predictable environment.
Business
Cooking gas dealers face stricter rules in new EPRA guidelines
The regulator is concerned about increasing reports of dealers who refill other people’s cylinders without permission, especially in urban areas.