Business

KRA faces Sh163.46 bn revenue shortfall in first half of 2024-2025 FY

The Kenya Revenue Authority (KRA) has reported a shortfall of Sh163.46 billion in its revenue collection for the first half of the 2024-2025 financial...

Telco fails to get wayleave access order against KRC

The High Court has dismissed an application by a telecommunications solutions provider seeking to compel Kenya Railways Corporation (KRC) to allow the firm to...

Crypto firms to have to have local office, CEOs in new rules

Kenya is proposing a set of regulations that require cryptocurrency firms operating in the country to establish local offices as part of efforts to...

Bitcoin hits record above Sh14m awaiting Trump second stint at the White House

Bitcoin hit a record high above $109,000 (Sh14 million) on Monday as Donald Trump, who has signalled plans to deregulate the cryptocurrency sector, was...

M-Pesa announces new rates for sending and withdrawing money in 2025

As the new year begins, Safaricom has updated M-Pesa charges for both sending and withdrawing money.The changes, effective January 1, 2025, are aimed...

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