Kenya Power has announced plans to diversify its portfolio and venture into candle manufacturing in a bid to reverse its declining fortune. Announcing the new venture, Kenya Power CEO Bernard Ngugi said that the candle venture falls in the company’s grand vision of eliminating darkness in Kenya. “We are pleased to take our war on […]
Economics
Government Urges Small Families to Merge and Save on Rent
Families are hard hit with Covid-19 and the government has the perfect solution. Small families should merge and save on one rent! In what turns out to be the most brilliant family fiscal policy during Covid-19, families of less than five people will be required to merge and save on one rent. This will go […]
PostaMate Media Acquires K24 TV for a Undisclosed Amount of 95 Million
PostaMate Media has come to the rescue of K24 TV after an acquisition deal was signed to save the collapsing TV station. Speaking during the signing of the deal, PostaMate Media Chief Financial Officer and special advisor to PostaMate investors said that the move to acquire the TV station was informed by the common shared […]
Kenya to Start Taxing Goodwill and Exposure
The taxman in Kenya has been let loose and starting July 2021, Kenya will start taxing any form of payment that is received in form of goodwill and exposure. In the move aimed at netting interns and other people who are working for free and being paid in form of exposure, National Treasury CS Ukur […]
Tourism Ministry Lauded for Partnering with Bunduri to Promote Medical Tourism.
The Kenyan government deserves praise for its efforts to support tourism in these perilous times that have left the industry crippled. After a webinar convened by conservationists, the Ministry of Tourism agreed on a partnership with Bunduri to boost tourism numbers. The CS was quick to note that it was just a coincidence that he […]
PostaMate Acquires Posta Kenya for 1.6 Million
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 […]
Reprieve as Landlords in Kenyan agree to reduce rent by 0.01%
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 […]
Government defends the 1 Billion SGR Grass
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 […]
Uber to Start Charging Fare Depending on Passenger Weight
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 […]
Landlords in Nairobi now offering Three-month Trial Period as Tenant Shortage Bites
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 […]







