The landscape of the Kenyan hospitality industry is undergoing a seismic shift as Airbnb’s exponential growth reshapes the way travelers experience accommodation. With a rising presence in major towns across the country, Airbnb is disrupting the traditional hotel business model and claiming a share of the market that has long been dominated by established hotels. …
NCBA Bank Enhances NCBA NOW App to Include KRA Returns Filing
Embracing the evolving landscape of technology in the Kenyan banking sector, NCBA Bank has introduced significant enhancements to its NCBA NOW app, offering Kenyans a seamless way to file their tax returns. In a recent communication sent to its customers via email, the bank revealed the incorporation of the KRA iTax Payment option into the …
Challenges Facing SMEs in Kenya: Navigating the Complex Licensing Landscape
Operating a successful business in Kenya has long been a challenging endeavor, with numerous hurdles and complex regulations hindering the growth of Small and Medium-sized Enterprises (SMEs). Recent statistics from the Kenya National Bureau of Statistics (KNBS) have shed light on the dire situation faced by many businesses, revealing that around 450,000 SMEs shutter their …
SasaPay and MedSource Group Forge Innovative Partnership to Transform Healthcare Payments
SasaPay, a prominent player in the mobile money platform sector, has recently announced a groundbreaking partnership with the MedSource Group, a leading healthcare solutions provider in Kenya. This landmark collaboration aims to bridge the gap between pharmacies and SasaPay’s innovative payments platform, ushering in a new era of financial inclusion and efficiency in the healthcare …
Kenya Launches Presidential Innovation Award to Foster Entrepreneurial Spirit
The Kenyan government has taken a significant step towards fostering innovation and entrepreneurship by introducing the Presidential Innovation Award (PIA). Designed to bolster the country’s entrepreneurial capabilities, the award seeks to recognize and celebrate exceptional innovators across various sectors that align with national priorities. Ababu Namwamba, the Cabinet Secretary for the Ministry of Youth Affairs, …