Economics

Kenya Power Seeks Monopoly of Electric Vehicle Charging in Kenya

Kenya Power has sought a monopoly for charging all electric vehicles in Kenya, setting the stage for tears and pain in the future of transport in Kenya. The electric utility firm that is known for daily reminding Kenyans that it exists wants to have control of all charging of electric vehicles in Kenya, raising questions […]

Economics

Elsa Majimbo joins PostaMate Board as a Non-Executive Director

The PostaMate Media Board of Directors has appointed Elsa Majimbo as an independent non-executive director with effect from March 1, 2021, tapping into her vast experience in corporate satire. The 19-year-old Kenyan internet comedienne will work alongside biggest names in the Media Industry and will be responsible for shaping the strategic direction of the Media […]

Economics Education

How to Convert your HELB Loan into a Grant

Comrades have been asking, and we are obliged to answer. At a time when existing loans are being turned into grants, how can you turn your HELB loan into a grant? Until the other day, this was almost impossible. However, the Building Bridges Initiative has changed the story. You can now turn your HELB loan […]

Economics

Central Bank of Kenya Announces Switch to Bitcoin

The Central Bank of Kenya has announced an ambitious plan to switch to Bitcoin as a blanket move to solve thousands of problems facing the country. Noting that systemic fiscal and monetary challenges had made it hard for Kenya to develop, Central Bank Governor Patrick Njoroge said that using Bitcoin would help cushion Kenya from […]

Economics

Graduate Engineers will No Longer Pay Tax in Kenya

Graduate Engineers in Kenya will be laughing all the way to the bank after recent change of the Pay as You Earn Tax policy will see them exempted from paying the dreaded income tax. The new guidelines will see all the graduate engineers become the envy of other professions such as the medics, accountants, teachers […]

Economics

Two Kenyan Teachers Set to Win Another Coveted Global Award

Barely a year after Mwalimu Mr. Peter Tabichi won the Global Teacher Prize 2019, another set of teachers have been nominated for the global award. This is after a video of 2 teachers sharing a class in Serian Primary School, Baringo County emerged and trended on social media. In the video, class 8 and PP1 […]

Economics

Robbers Raid Nairobi Stock Exchange, Make Away With Unknown Number of Shares

While the rest of the world was busy welcoming the new year as best as it could amidst the coronavirus restrictions on parties, gatherings and night curfew, in the Kenyan capital a group of robbers had more nefarious intentions up their sleeve. In a daring heist reminiscent of a Hollywood movie, thieves taking advantage of […]

Economics Politics

State Cautions Kenyans Against Using The Solar System

The government has come out to strongly condemn attempts by a section of Kenyans to bypass Kenya Power by utilizing energy from the sun without paying tariffs. In a move seen by analysts as an attempt to cripple the giant state corporation, some Kenyans have taken to harnessing solar power in what is seen as […]

Economics

Academic Writing Emerges as Kenya’s Top Foreign Exchange Earner

Academic writing overtook Tourism, Diaspora remittance, loans and proceeds from hacking to become the top foreign exchange earner in Kenya in the first nine months of 2021. In the report published by the Kenya National Bureau of Statistics, Academic writing was noted to have played a crucial role in sustaining the economy even as other […]