Kenya Government Should opt For Efficiency Not More Taxes
All in all, treasury needs money, and has made bold moves to seek more revenue, including slapping tax on the mobile money transfer. A 10 percent excise duty will affect mobile money users. M-pesa handles more than KSh. 60 billion per month in deposits and a similar amount in withdrawals, and KSh. 80 billion in transfers.
Maybe we just be more efficient.
M-pesa: Our Best Shot At Total Financial Inclusion.
At it's onset, the decade that led to the millennium was marked by a very low penetration of financial services in Kenya. Today, thanks to the mobile phone, this is quickly changing. In a country of 40 million people with 75% of it having direct access to a mobile phone, the financial services landscape significantly differs to the one of the nineties.
High Court Stops December 31 Analogue Signal Switch Off
The High Court has this morning stopped the 31st December 2012 analogue switch off deadline until 11th January 2013 when it will make a ruling on the same. This comes after Consumer Federation of Kenya (Cofek) filed a case under certificate of urgency seeking…
Free Breakfast at the Best Western Premier Hotel
Trip Advisor gave every franchise from this hotel brand nothing short of a 4-star rating. Now the Best Western Premier Hotel is Offering you a free breakfast once you check in.
"Unlimited Internet Plan is Unlimited” Says Telkom
Through a letter sent to consumer lobby group, Cofek, Telkom Kenya CEO Mr Mickael Ghossein came out strongly in defence of his company, saying it’s unlimited internet plan is indeed unlimited and it’s the consumers who fail to observe a fair usage policy as well as…
Court To Give Directive on 31st December Analogue Switch Off, Today
The High Court is today, 20 December 2012, expected to give directions on December 31 analogue TV signal switch-off after the government side was given up to today to prepare itself. The inter-parties hearing and initial directions of the Consumer Federation of Kenya (Cofek) case against…
8 Things You Should Know This Morning
1. Court Sentences 6 AP Officers to Death The High court has sentenced six administration police officers to death for killing seven taxi drivers in along Naivasha Road in Kawangware, Nairobi on March 11 2010. The six, Ahmed Omar, Ahmed…
Who Needs Middlemen in the Value Chain?
I had quotations from a number of middlemen for machine dressed quarry stones ranging from KES 29 to KES 40 per piece. Somehow, I managed to go to a quarry alone only to realize the price was KES 12 per piece. That's a huge discrepancy, isn't it?
Kenya Projects GDP Growth at 5.2% in 2012
The Central Bank of Kenya (CBK) has projected that Kenya’s real Gross Domestic Product (GDP) will expand by 5.2% with Monetary Policy focusing on achieving and maintaining low inflation. CBK reports that the Kenyan economy performed modestly in 2011 and realized growth in gross domestic product (GDP) of…
Sasini Company's 104% Loss
Sasini Limited, a member of Sameer Group and one of the top tea and coffee producers in Kenya, has announced a final dividend of KES 0.25 per share. This makes the total they have paid for the year KES 0.75 after the payment of an interim dividend…
Bonfire Adventures Launches Holiday Travel Packages from KES 15,500
Bonfire Adventures is offering you the chance to enjoy your holiday in style with travel packages starting from KES 15,500.
MultiChoice Wont Resell Exclusive EPL Rights
You will watch the English Premier League (EPL) only on DSTv. Pay-TV firm MultiChoice has turned down calls by the industry regulator to re-sell some of its exclusive content like the English Premier League rights to rival operators in Kenya. How about that?
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