PostaMate has come to the rescue of the struggling Postal Corporation of Kenya with an acquisition that is expected to be signed this afternoon. In an attempt to rescue the ailing corporation, PostaMate announced that it was planning to rebrand Posta Kenya and position it as a premier logistics company in Kenya, bringing it back
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Property owners in Kenya have decided to cut down rent by 0.01% in response to the Covid-19 pandemic. In a move that is meant to cushion Kenyans in these difficult times, the landlords said that they were moved by empathy and decided to help Kenyans who are struggling with job losses, business closure and movement
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As businesses in Kenya continue to face tough operating environments and decreased earnings, many are doing all things possible to avoid being in the red. The extent of what firms are willing to do to in order to remain afloat has now come to light, with APA Insurance announcing that it would stop covering malaria
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The grass along the SGR tracks that cost Kenya 1 billion is no ordinary grass, according to the revelations made by the Ministry of Transport, Infrastructure, Housing, Urban Development and Public Works CS James Macharia. In the newly availed documents related to the SGR contract, it has emerged that Kenya is home to one of
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Uber has announced plans to start charging fare depending on the weight of the passenger, as one of the first steps for the overgrown startup that is trying to switch from philanthropy to profitability. In the new update that is rolling out globally this week, passengers will be expected to state both their weight and
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It is a hard time for landlords in Nairobi’s satellite towns as the supply of houses outstrips the demand for the same, leaving landlords with empty buildings and loans to pay. So serious is the problem that some landlords have resulted to some unconventional methods to lure people into their premises, which include giving a
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Brookside has revealed a plan to reduce the amount of water that is contained in its milk, in an attempt to attract more customers. Speaking to the media, the company spokesperson said that Kenyans were more interested in pure milk and they would try to ensure that their milk contains only utmost 10% water, as
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As Kenya’s Debt to GDP Ratio approaches an astronomical figure of 1981%, the government is taking all the possible steps to deal with the cloud of debt that now threats every shilling earned in Kenya. Recent suggestions put forward from the Treasury in collaboration with the church leaders will see the Lord’s prayer revised from
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The Federal Inland Revenue Service of Nigeria has promised to offer eternal life to those who file their tax returns before 31st March 2020. In a surprise move that has baffled economists, religious groups and even God himself, the tax body said that all those who file their returns before the deadline will leave eternally
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The Export–Import Bank of China has opened a Fuliza credit facility for the Kenyan government in a move that is meant to help the government of Kenya deal with short term cash crunch. Speaking during the launch of the service, the China Exim Bank spokesman said that this move will help cement the position of
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