In an interview, Mr Richard Monday told Nairobi Business Monthly that with the market still searching for the best, and affordable internet deals, the company’s focus is on onboarding new clients and connecting users with low purchasing power to the internet.
Author: Victor Adar
United Bank for Africa (UBA) hosted key government stakeholders, ambassadors and envoys from African missions present in Kenya to recognise diversity while promoting cooperation in financial services.
A webinar hosted by Cliffe Dekker Hofmeyr Kenya recently shed light on the intricacies of Kenya’s Tax Amnesty Programme introduced by the Finance Act 2023.
In a report, ENACT reveals that on a scale of 1 to 10, Kenya has an average of 7.02 and ‘lower resilience average’ of 5.33.
Malindi seems to be the most sought after region by billionaires. Investors have found it easier to pivot and set up villas and resorts in the small town.
A Kenyan business executive, Mr John Musunga, has been appointed to head Diageo Africa’s newly formed South, West and Central Africa (SWC) market. As part of a new operating model adopted by the brewer, Musunga, who has been heading the firm’s Nigeria subsidiary, Guinness Nigeria, since October last year and also serves as a non-executive director at East African Breweries Limited (EABL), is now set to assume the leadership role at Diageo SWC as the managing director, based in London. The firm has reorganised its operating region into three markets: EABL, which remains unchanged; Guinness Nigeria, marketing beer and mainstream…
The construction industry in Kenya witnessed a dynamic interplay of forces in 2023, marked by notable achievements and persistent challenges.
BY MUMBI MUTOKO AND VICTOR ADAR There have been fears that the tax man’s move to grow tax compliance levels would turn out to be messy. It was therefore not a surprise when a business boldly declared on social media that it will no longer accept payments through mobile money options. Whoever circulated the photograph, which went viral on X (formerly Twitter), Facebook and Instagram, had a tax evasion strategy. And the business owner is not alone – the anxiety has swept through the business community, leading some to put up signs that politely request customers to pay for products…
Posta Kenya is in the process of transforming its outlets into comprehensive communications solutions hubs, offering a spectrum of services, including e-Payment, e-Governance, and E-commerce, among other innovations. Speaking during the commemoration of the 148th World Post Day in Nairobi, John Tonui, the Postmaster General and CEO of Postal Corporation of Kenya said postal services are a key contributor to the growth of e-commerce, with Business to Customer (B2C) e-commerce being most effective where there is high reliability of postal services. Christopher Wambua, Ag. Director General, Communications Authority of Kenya said the government was instituting regulatory and policy interventions geared towards catalyzing…
Government supports automotive sector to ensure the industry realizes its full potential, says CS Miano BY VICTOR ADAR The government has assured local automotive solution providers and investors of further support in adopting new-generation mobility solutions. Speaking during tour of Toyota Manufacturing Plant in Nagoya, Japan, Ministry of Investments, Trade and Industry (MITI) Cabinet Secretary (CS) Rebecca Miano said the government will continue collaborating with automotive sector stakeholders to ensure the industry realizes its full potential. In return, Ms Miano urged automotive sector players led by Toyota Tsusho corporation to return the favour by scaling up their local assembly and…