Technology
Meta threatens Facebook, Instagram shutdown in Nigeria over $290m fines
The warning follows a failed attempt by Meta to challenge the penalties in the federal high court in Abuja.
Business
Business
Banks reject CBK’s proposal to use Central Bank rate for credit pricing
The Kenya Bankers Association (KBA) warns that such a move would effectively introduce interest rate caps.
Business
Government proposes 16% VAT on streaming services in Finance Bill 2025
This new VAT, if approved, would apply to popular streaming services such as Netflix, Showmax, and local platforms offering digital radio and TV content.
Business
Finance Bill 2025 seeks threefold hike in tax on employee welfare benefits
The Treasury has proposed raising the tax rate on fringe benefits by over three-fold, from the current rate to a flat 30%.
Technology
Vietnam, India take over as Apple’s key US supply hubs
The move comes in response to growing trade tensions and the effects of tariffs imposed by the United States government.
Business
Removal of tax on eggs, onions, and potatoes set to lower prices
Through the Finance Bill, 2025, the National Treasury has recommended the removal of the 25% duty that has been levied on these popular food items.
Business
Government plans to scrap tax relief for affordable housing projects
If passed, this means developers will be required to pay tax on key materials, which could raise construction costs.
Technology
Google introduces emoji responses in Gmail
The feature allows users to react to emails with emojis in a way similar to platforms like Google Chat or Slack, creating a more casual and interactive environment within the inbox.
Business
Billions wasted on stalled Government projects, audit reveals
In the 2024 financial year alone, a shocking Sh7.6 billion was poured into projects that remain incomplete.
Business
Kenya’s Inflation hits 8-month high as food, transport costs rise
This marks the sixth consecutive month of inflationary growth, following a low of 2.7% in October.
Technology
Tesla board denies report it wanted to replace Elon Musk
According to the WSJ report, about a month ago, Tesla’s board began the process of hunting for a successor to Musk.
Business
Boda Boda sector now a Sh660 billion economic powerhouse
The report, titled The Booming Boda Boda Sector, shows that the sector now contributes 4.4% to Kenya’s GDP in 2025, up from 3.4% recorded the previous year.