Plug Mtaani Vijana 2invest, a promising initiative in Kisumu County, plans to empower 200 young individuals equipped with innovative business ideas; this endeavor will not only foster an entrepreneurial spirit but also generate opportunities for these budding entrepreneurs. The collaboration–comprising the county government, national government and diverse agencies–aspires towards linking youthful energy directly to the [read more …]
Telkom Kenya’s Woes Escalate: $40 Million Debt and National Security Concerns
The repercussions of a past business deal have cast a shadow over Telkom Kenya, as the telecommunications company grapples with a $40 million debt owed to American Towers Corporation (ATC), and national security concerns intensify due to the ongoing feud between the two entities. This conundrum originates from ATC’s purchase of 715 telecommunications towers from [read more …]
US Tech Company Chooses Kenya as Launchpad for African Expansion
In a significant development for the African tech landscape, US-based tech firm Intellimedia Networks Africa has revealed its intentions to broaden its reach across the continent, with Kenya serving as the pivotal starting point for this ambitious endeavor. The company’s strategic decision to enter the African market has already materialized in the form of a [read more …]
Unlocking Food Security Through Contract Farming: A Path Towards Prosperity
Let’s dive into a critical topic that resonates deeply with the heart of our land—Kenya and the East African Community. The winds of change are blowing in the agricultural sector, and the East African Business Council (EABC) is sounding the trumpet for an innovative approach—contract farming. This not only promises to enhance our food security [read more …]
Kenya Revenue Authority to Train Computer Audit Specialists to Combat Tax Fraud
The Kenya Revenue Authority (KRA) has unveiled plans to bolster its efforts in uncovering tax fraud by training computer audit specialists. This move comes as part of the authority’s strategy to mine data from taxpayers’ computers, including hidden accounts and deleted files, to unveil instances of tax evasion. Sources within the Treasury have confirmed that [read more …]