Tag: Kenya
Kenya to tax content creators
The Government of Kenya has proposed multiple amendments to the Finance Bill for 2023. The proposals aim to expand the tax base for the...
Kenya approves spyware to nab fake mobile phones
Then Kenya government wants to curb the sale and distribution of fake phones so it has approved a spyware software to be installed on...
Meta loses another legal battle on Kenya
Meta has lost another legal battle in Kenya as a court in the East African country ruled against Meta in a lawsuit where two Ethiopians...
Kenya wants to tax crypto
Kenya is reportedly considering enforcing new regulations that will tax crypto exchange platforms like Binance and Bitmama.Business Daily reports that crypto platforms operating in...
Flutterwave to use Kenya as a gateway to East Africa
Flutterwave, Africa’s biggest fintech unicorn has announced that Nairobi, Kenya, will serve as its regional hub in East Africa.This was made known by the...
Kenya reverses 30% ICT local equity rule
Kenya’s president William Ruto has reversed the rule that mandates that foreign companies must have at least 30% Kenyan ownership to operate in the...
Kenya gets $378 million for first electric bus rapid transit system
Kenya has reached a Ksh50 billion ($378 million) financing agreement with the European Commission to construct Africa’s first electric bus rapid transit (BRT) system.
The...
Kenya licenses more digital lenders
The Central Bank of Kenya (CBK) has officially licensed an additional 10 digital lenders to operate in the country, bringing the total number of...
Flutterwave’s troubles in Kenya yet to end as second case proceeds
Africa’s most valuable unicorn Flutterwave is still not off the hook in Kenya. About $3 million of its money that was confiscated in the...
Kenya finally releases frozen $51 million to Flutterwave
Assets Recovery Agency (ARA) of Kenya has formally withdrawn the case filed against African FinTech unicorn Flutterwave, allowing the firm to take back the...