Okoa Jahazi, Kopa Credo, the Face Off
We’ve at one point or the other found ourselves stranded and in desperate need for airtime but unable to buy it. Okoa Jahazi and Kopa Credo are services by Safaricom and Airtel, respectively, that let you access airtime on credit and pay later. Let’s compare these two services.
How the Teachers' Strike Could Double your Taxes
The teachers’ strike that is currently running could see your taxes raised to as much as twice the current tax rate of 30%. Treasury says that the government might have go that way because its an option to meet the long standing pay rise demands from teachers, doctors…
KQ Gets Delivery of 2nd Fully Owned Embraer
National carrier Kenya Airways has taken delivery of its second fully owned Embraer E-190 in Skyteam livery. The aircraft is the second of eight fully owned Embraer’s that KQ is acquiring this Financial year in its fleet expansion plans.
8 Things You Should Know this Morning
1. KNUT Rejects Government’s Back to School Offer (Video) Amid the chaos, the Cabinet is now proposing an extension of the third and final school term to allow students in public schools to recover the time lost owing to the ongoing strike. But the National examinations body KNEC is…
Interest Rate Spread Too High, Says CBK Governor
In the last two weeks, banks have been lowering the interest they charge on loans after the Central Bank of Kenya (CBK) lowered its rates to 13% from 16.5%. This move has been viewed by many as…
Duo from Kenyatta University Win 2012 NSE Investment Challenge
The Nairobi Securities Exchange earlier today awarded the team of Michael and Joseph from Kenyatta University who emerged the overall winners of the NSE Investment Challenge 2012; a 3-month long simulation of the Kenyan Stock Market held once every year. Winners of the competition stand…
Ministry Gets KES 25 Billion to Boost Water Supply
Kenyans may soon have access to a reliable water supply as the government moves to upgrade some systems in and around the city of Nairobi. According to the Ministry of Water and Irrigation, the government intends to sink wells as part of a project aimed at…
Expect a Higher Power Bill This Month
you didn't finish this story. Your lead has to state that the bills will be higher. you need to say how much the price per KwH used to be so people can know by about how much and a lot more little details.
Tax Matters V: Penalties and Exemptions
Penalties As a Kenyan taxpayer, there are various penalties that you will be slapped with by the taxman, for various offenses committed in the course of submitting your taxes. For Late payment of tax, you are charged 20% penalty. This will be charged just once, 2% interest…
KES 220 Million UNDP Deal to Create Jobs in Tourism Sector
The United Nations Development Fund (UNDP) and the Global Environment Fund (GEF) have partnered in a move that will see new jobs created within the tourism sector. Kenya is set to receive KES 220 million in funding which will be used to set up…
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