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Kenya Ranked Top in Africa for ICT Regulation by UN Telecom Agency
NAIROBI, Kenya, June 6 – Kenya has been ranked the most progressive country in Africa in terms of Information and Communication Technology (ICT) regulation, according to the latest ICT Regulatory Tracker released by the International Telecommunication Union (ITU), a United Nations agency. The report, which assesses 194 countries, gave Kenya a score of 93 points,…
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High Court Suspends Government Ban on Nicotine Product Licenses
The High Court has temporarily halted a government directive suspending all licenses and import clearances related to nicotine and related products, pending the hearing of a petition filed by public health advocate Susan Awino. In a ruling delivered on June 4, 2025, Justice Bahati Mwamuye of the Milimani Law Courts issued conservatory orders restraining the…
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Access Bank Finalizes NBK Takeover, Eyes Regional Growth
Access Bank Plc has completed its acquisition of National Bank of Kenya (NBK) from KCB Group Plc.The agreement, announced in March 2024, closed on May 30, 2025,following approvals from the Competition Authority of Kenya (CAK), and Central Bank of Kenya (CBK). “This follows the receipt of all regulatory approvals customary for a transaction of this…
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Mass Revolt: Firms Sue KRA in VAT Blacklist Dispute
More than 5,000 Kenyan companies have filed a class-action suit against the Kenya Revenue Authority (KRA) over what they describe as an unlawful and abrupt blacklisting from the Value Added Tax (VAT) system, triggering a legal showdown now scheduled for hearing on June 9, 2025. The case, filed at the High Court in Nairobi, challenges…
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Former Employees Charged in Invesco Insurance Fraud Scheme
Seven former employees of Invesco Assurance and Compliant Insurance Agency have been arraigned in connection with a Sh309 million fraud case, in what prosecutors describe as a coordinated scheme to siphon customer premiums. The accused, Albert Muhavani, Daniel Nalyanya, Michael Kibara, and four senior staff members from Compliant Insurance Agency, appeared before the Milimani Law…
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Gov’t Acts to Shield Mwea Farmers from Rice Import Impact
The Ministry of Agriculture and Livestock Development has taken swift action to protect local rice farmers under the Mwea Irrigation Scheme following concerns over the impact of rice importation on domestic sales. During a high-level meeting held on May 29, 2025, at the Mwea Rice Growers Multipurpose Cooperative Society offices, government officials and key stakeholders…
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Gov’t Unveils Stringent New Rules to Regulate Gambling Ads
The Betting Control and Licensing Board (BCLB) has introduced a fresh set of stringent guidelines aimed at regulating gambling advertisements across all media platforms in Kenya. In a statement issued Thursday, the regulator said the new measures are designed to address the growing concerns over gambling addiction and the increased exposure of young people to…
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Safaricom to Unveils Sub-Sh100 Matatu Insurance via M-PESA
Safaricom is set to launch a micro-insurance product for matatu passengers, offering coverage for under Sh100 per trip, as part of its strategy to deepen insurance penetration in Kenya. The initiative, announced at the Connected Africa Summit 2025, aims to integrate insurance services into the M-PESA super app, leveraging its extensive user base. Victor Odada,…
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World Bank Urges Gov’t to Shield Poor from SHIF, Housing Tax
The World Bank now urges the government to exempt workers earning less than Sh32,333 from paying housing tax and Social Health Insurance Fund (SHIF) to boost disposable income for low income earners. The Bretton Woods institution said that the deductions for SHIF and housing tax are unpopular. The levies have significantly cut the workers net…
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World Bank Casts Doubt on Kenya’s Austerity Measures
The World Bank has raised alarms over Kenya’s escalating debt levels, classifying the nation as being at a high risk of default. In its latest Kenya Economic Update, the Bank cautions that current austerity measures may not suffice to avert a fiscal crisis, urging the government to implement structural and governance reforms to stabilize the…
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Kenya’s Dairy Output Surges 56% in Q1 to 250 Million Litres
The dairy industry posted strong growth in the first quarter of 2025, collecting 250.6 million litres of milk, an increase of 56 percent compared to the same period in 2024. This surge positions the country to surpass the one billion-litre mark in annual milk intake for the first time. Traditionally, milk intake dips during the…
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Chad Seeks $630M IMF Support to Fund Economic Reforms
Chad is in talks with the International Monetary Fund (IMF) for a US$630 million support program aimed at jumpstarting economic reforms following the country’s recent political transition. The discussions, were held in N’Djamena and led by IMF mission chief Julien Reynaud. The proposed four-year arrangement would fall under the IMF’s Extended Credit Facility (ECF), with…
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New Bill Pushes ISPs to Adopt Transparent Billing Systems
The Parliament has introduced a new bill seeking to amend the Kenya Information and Communications Act, ushering in tighter regulations for internet service providers (ISPs) with the goal of increasing transparency in customer billing. Dubbed the Kenya Information and Communications (Amendment) Bill, 2025, the proposed legislation requires all ISPs to implement detailed meter billing systems.…
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Kenya Power Cleared to Finalize Sh1.2 Billion Transformer Tender After Legal Challenge
Kenya Power has been given the go-ahead to proceed with its Sh1.2 billion tender for the supply of transformers after the Public Procurement Administrative Review Board (PPARB) dismissed complaints raised by two local manufacturers over the fairness of the process. The decision, issued on April 29, 2025, allows the utility firm to continue with the…
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Parents Urged to Embrace Financial Literacy to Fight Poverty
Kenyans have been urged to prioritize financial literacy as a major approach to improve household stability and support children’s education across informal settlements. Speaking during an event held in Kajiado County, CFK Africa Program Manager Mediatrix Tuju emphasized that financial literacy is crucial in ensuring households get daily requirements including food and even education for…
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Lack of Pens, Materials Hurts Learners Despite Free Schooling
While the Constitution of Kenya guarantees every child the right to free education, poverty remains a major challenge for school-going children across the country. Basic learning materials such as pens, books, and other stationery are often left to parents to provide a disadvantage for families with limited means. Combined with hidden school-related costs, many children…
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Africa Could Unlock Sh13.4 Trillion Annually from Gen AI – McKinsey Report
Africa stands to gain up to $103 billion (approximately Sh13.4 trillion) every year by scaling generative artificial intelligence (Gen AI) solutions across key sectors, according to a new report by McKinsey & Company. The study, titled The Economic Potential of Generative AI, The Case for Africa, reveals that over 40 per cent of institutions on…
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CBK Clarifies It Has No Plans to Reintroduce Interest Rate Caps
The Central Bank of Kenya (CBK) has moved to dismiss speculation over a possible return to interest rate caps, clarifying that its recent consultative paper on risk-based credit pricing does not propose the revival of the controversial policy. In a statement released after the close of public submissions on the Consultative Paper on the Review…
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Naivas Dismisses Claims of Expired Products, Branch Closures
Naivas Supermarket has issued a public statement dismissing as false and misleading recent claims that the retail chain was selling expired products and that some of its Nairobi branches had been shut down by health authorities. In a statement, the supermarket chain reassured customers and stakeholders that all its branches remain fully operational and that…
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Why Government Might Soon Regulate Social Media – Mwaura
As smartphones become megaphones and hashtags rival headlines, Kenya finds itself grappling with an urgent dilemma: how to safeguard national security without silencing civic expression in an increasingly digital age. Last week, Government Spokesperson Isaac Mwaura ignited a heated national debate after calling for stricter social media regulation citing the “unchecked weaponization” of digital platforms.…
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