KPLC: How Conmen Are Creating Frequent Blackouts to Steal From Kenyans

KPLC: How Conmen Are Creating Frequent Blackouts to Steal From Kenyans

Kenya Power staff working on electricity lines at Soysambu Conservancy on February 22, 2021 Kenya Power, formerly Kenya Power and Lighting Company (KPLC) , has cautioned Kenyans against conmen who are creating frequent blackouts to scam unsuspecting customers. In a statement dated Tuesday, April 5, the power distributor revealed that the swindlers often created a […]

IMF Reaches Staff Level Agreement on the Third Review of the Extended Fund Facility and Extended Credit Facility for Kenya

IMF Reaches Staff Level Agreement on the Third Review of the Extended Fund Facility and Extended Credit Facility for Kenya

Download logo IMF staff and the Kenyan authorities have reached a staff-level agreement on economic policies to conclude the third reviews of the 38-month EFF/ECF financed program. Kenya would have access to about US$244 million in financing once the review is formally completed by the IMF Executive Board. The economic rebound is underway although global […]

Listing dry-spell at NSE persists, both local and foreign

Listing dry-spell at NSE persists, both local and foreign

•The low activities especially in the stocks market are not just in Kenya. •NSE chief executive Geoffrey Odundo urged some of companies that have been orienting with the bourse under Ibuka programme to take advantage of the incentives provided. NSE chief executive Geoffrey Odundo The ongoing volatility in the global market has further complicated the […]

Telkom, Airtel eye revenue jump from Safaricom mobile money

Telkom, Airtel eye revenue jump from Safaricom mobile money

Telkom Kenya CEO, Mugo Kibati with his Airtel Kenya counterpart Prasanta Das Sarma when they appeared before the Senate ICT Committee. Telkom Kenya and Airtel Kenya are eying an increase in revenue after the country’s leading mobile network operators launched merchant interoperability on their mobile money wallets. The move allows customers from any mobile money […]

Safaricom links up with learning start-up to offer Sh20 daily lessons

Safaricom links up with learning start-up to offer Sh20 daily lessons

Safaricom CEO Peter Ndegwa. PHOTO | POOL Safaricom has partnered with educational technology start-up Zeraki to offer remedial online learning to secondary school students at Sh20 a day per user. The Zeraki Learning platform seeks to provide topic-by-topic assessment and offers metrics to help students diagnose their weaknesses and track their progress in over 15 […]