Business
Safaricom adds direct PayPal withdrawal feature to M-Pesa App
With the app downloaded 13.7 million times and 4.7 million active users, Safaricom says the integration is tailored to meet current digital demands.
Business
Business
Safaricom hits 50 million users ahead of 25th anniversary
Starting in 2000 with just 17,000 subscribers, Safaricom has grown into the country’s largest telco, playing a central role in reshaping mobile services and financial inclusion
Business
SBM Bank deepens financial offerings with new insurance subsidiary
Through the new subsidiary, SBM will provide personal insurance, business-related covers, specialty products, and employee benefit schemes.
Business
Moody’s warns Kenya over rising debt and weak revenue amid budget deficit concerns
Moody’s flagged the country's widening budget deficit, which rose to 5.7% of GDP higher than earlier projections.
Business
Kenya secures Djibouti market for miraa exports in major boost for farmers and traders
AFA Director General Bruno Linyiru said the move is the outcome of high-level trade talks between Kenya and Djibouti.
Business
MPs slam Energy Ministry over costly fuel despite Sh1.4 trillion G-to-G deal
Committee chairperson and Nyatike MP Tom Odege criticised the ministry for failing to deliver relief at the fuel pumps, saying Kenyans have not felt the impact of the G-to-G agreement.
Technology
Microsoft server hack hit about 100 organizations, researchers say
Microsoft issued an alert on Saturday warning of “active attacks” targeting self-hosted SharePoint servers.
Business
Sameer Africa shifts gears: From tyre giant to real estate powerhouse
Sameer first exited tyre manufacturing in 2016, made a brief return in 2021, but finally wound down the tyre operations in 2024.
Technology
Netflix is already using generative AI in its original shows
The company's co-CEO, Ted Sarandos, said that generative AI was specifically used for a VFX shot in a post-apocalyptic drama.
Business
Road levy hike pushes fuel tax collections up by Sh40 billion
The government had revised the RML upwards from Sh18 to Sh25 per litre following concerns by the Kenya Roads Board (KRB) over inadequate funding for the country’s growing road infrastructure.
Business
ABC Bank turns to City Gas directors after loan default
In a ruling delivered by Justice Rhoda Rutto, the court found that the directors—Mohamed Adan Bare, Hamdi Abdi Nur, and Abdikadir Abdi Sheikh—had validly signed as guarantors of a Sh30 million facility extended to the company in 2012, and were therefore liable for the unpaid balance.
Technology
Why YouTube is ending monetization for AI-Generated videos
To stay monetized, creators must now show originality by including insights, analysis, personal experiences, or a behind-the-scenes look at their creative process.