11 July 22

Kenyan Inflation Hits 58-Month Record as Cost-of-Living Surges

The Kenyan rate of inflation has surpassed the previous limit set by the central bank of Kenya. The current rate is the highest in nearly five years. The Figures At The Moment The inflation rate in Kenya reached a climax
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01 July 22

Tanzania Hit Traders With Nearly Double Export Fees.

There was confusion the whole of the last week at the Kenya-Tanzania border as hundreds of trucks were left stranded. This came after a sudden hike in the cost of export permits. Truck drivers who usually pay sh27000 were surprised
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26 June 22

Safaricom Loses Fight Over DSTV Pirating Dispute.

Finally, after a gruesome court battle, it seems like multichoice ltd, the company that owns pay television service DSTV will have the last laugh over the internet service provider Safaricom. Multichoice had taken to court in 2019 accusing the network
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09 June 22

Controversial AFRINIC general meeting closes out Africa Internet Summit

Last week, major regional telecommunications stakeholders came together – both virtually and in person – to participate in this year’s edition of the Africa Internet Summit (AIS) in Mauritius. The conference was hosted by the African Network Information Center (AFRINIC), Africa’s
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07 June 22

GDP Growth Projections Rank Kenya Behind Its East African Partners

According to the latest forecast by the African Development Bank (AfDB), Kenya’s GDP growth in 2022 will trail that of other East African countries, except Burundi and Tanzania. This is partly due to the rising inflation in Kenya. An annual
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30 May 22

British Fund Announces Sh81 Billion New Investment In Kenya

Private firms in Kenya are set to benefit from an investment of Sh81.4 billion over a period of five years from British International Investment (BII), previously known as CDC Group. The UK financial institution announced investments of $75.5 billion (Sh873
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28 May 22

Kenya Pays More Than Double In Debt Repayment To China

Kenya’s repayment to China has shot to a record high of Sh73.5 billion this fiscal year after the expiry of the debt-repayment suspension period. The repayments are for debts taken to fund infrastructure projects. The Treasury published expenditure data this
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25 May 22

Safaricom Slows Expansion Of 5G Due To High Phone Prices

Safaricom has said it will slow the rollout of the fifth-generation network because of expensive 5G mobile phones. According to the giant telco company, a larger number of mobile phone users need to acquire 5G phones before they can set
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04 May 22

Kenyan Local Assemblers Expect A 70pc Increase In Sales Following Ban On Used Trucks, Buses

Annual sales for locally assembled vehicles are expected to increase by 70% in Kenya. This is following the government’s directive to ban the importation of used trucks and buses. In a statement released by the Kenya Bureau of Standards (KEBS),
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02 March 22

The War in Eastern Europe and How It Could Impact East Africa

A few days ago, the Russian army began a large-scale invasion of Ukraine. The war has now entered its seventh day and its impacts are starting to bite. While European nations will suffer the most, the ripple effects of this
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