Kenya Power is really stepping up its game with these Smart Poles. I mean, who would have thought that utility poles could be so smart? It’s like they’re getting an upgrade from plain old poles to tech-savvy powerhouses. Dr. (Eng.) Joseph Siror, the Managing Director and CEO of Kenya Power, is clearly excited about this …
Safaricom and KEWI partner to deploy Smart Water System
Safaricom and the Kenya Water Institute (KEWI) have joined hands in a groundbreaking initiative to bolster the water sector, aligning with the vital Sustainable Development Goal 6. This noble goal seeks to guarantee universal access to clean water and sanitation, while also promoting the sustainable management of this precious resource. In an exciting collaboration, Safaricom …
Equity Bank Kenya Loses Tax Dispute, Ordered to Pay Sh1.16 Billion in Landmark Ruling
Recently there has been disagreement between Equity Bank Kenya and authorities regarding its tax compliance resulting in significant economic ramifications for the former. After a prolonged legal battle against several government departments, including KRA (Kenya Revenue Authority), Equity Bank was ruled against by The High Court for a staggering amount- Sh1.16 billion – related to …
Government Abandons Privatization Plans for State-Owned Sugar Firms, Considers Leasing Model
The Kenyan government had this grand idea to privatize State-owned sugar companies. But guess what? The whole plan blew up in their faces thanks to a rebellion from leaders and sugarcane farmers in the sugar-belt region. Talk about a major oops! Now, let me introduce you to Deputy President Rigathi Gachagua, who spoke up about …
KCB, NBK, and Britam General Insurance Collaborate to Provide Affordable Health Insurance Solutions to SMEs
Our top banks, KCB and National Bank of Kenya (NBK), have joined forces with Britam General Insurance to bring some much-needed affordable health insurance options to our beloved Small and Medium Enterprises (SMEs) all over Kenya. It’s like a healthcare revolution, folks! So, in this deal, KCB Bancassurance Intermediary Limited and National Bank of Kenya …