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 […]
Tag: XNAI
Win for local suppliers as board stops Sh2 billion Kenya Power meter tender
A Kenya Power and Lighting Company employee inspects a meter box at the Kosovo area of Mathare slums. PHOTO | HEZRON NJOROGE | NMG Kenya Power has been stopped from proceeding with a Sh2 billion tender for the supply of electricity meters after local manufacturers protested a move to lock them out of the lucrative […]
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 […]
Energy ministry goes mute on pledge to cut power bills
The Energy ministry has gone mute three weeks after the expiry of its second deadline for cutting electricity prices by a further 15 percent, having failed to complete negotiations with expensive power producers. Energy and Petroleum Cabinet Secretary Monica Juma said in January the cost of power would come down by March 31 to fulfil […]
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 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 […]
Top 500 Companies: Safaricom calling Ethiopia
A pedestrian walks on a sideway outside the Safaricom mobile phone customer care centre in the central business district of Nairobi, Kenya, November 10, 2021. REUTERS/Monicah Mwangi Few companies can claim success on the scale of Kenyan telecoms operator Safaricom (#56). Since it was founded, in 1997, it has grown to become East Africa’s second […]
LSK wants Safaricom compelled to delete subscribers photos
Safaricom Chief Executive Officer, Peter Ndegwa A Lobby group has asked the court to compel Safaricom to delete all the subscribers’ photos taken during the current Sim card registration. Katiba Institute and LSK have moved to court challenging the decision by Safaricom to obtain photos or biometric data as a requirement for Sim registration. They […]
Running Safaricom CCTV network to cost taxpayers Sh1bn yearly
Taxpayers will spend another Sh1 billion to run the national surveillance system built by Safaricom to offer security in Nairobi and Mombasa cities. FILE PHOTO | NMG Taxpayers will spend another Sh1 billion to run the national surveillance system built by Safaricom to offer security in Nairobi and Mombasa cities. Treasury budget documents show that […]
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 […]