Fraud -It has been established that consumers of electricity in the country have, for long , been overcharged for what they have never been consuming. Latest auditor Generals report has established that clients at Kenya Power and Lighting Company have been losing alot of their hard-earned cash paying inflated bills…
Author: Pesa Today
Taxes–Kenya Revenue Authority KRA has today made an official announcement directing all employers in the country to start remitting housing levy as per the new Finance laws. In an update made today Friday August 4, the tax man asked every employer in the country to deduct the housing levy as…
Shares–Kiharu Member of Parliament Ndindi Nyoro has bought more shares in Kenya Power and Lighting Company. This move makes him top shareholder in the government utility provider. A report by Business Daily on Friday August 4 confirmed that the UDA MP has bought an additional share 5.2 million making him…
Institution –Government has today set up first open university in Kenya to help learners access Degree courses online. President William Ruto today Thursday August 3, awarded a charter to the Open University of Kenya OuK which is based at Konza Technology City, Machakos County. On doing that, President Ruto appointed…
Crypto –Founders at the controversial Crtypto company dubbed Worldcoin have responded to Kenya over their activities in the country. Led by Alex Blania – also founder – have said that their operations in the country are above board and that the data they have since collected was safe and cannot…
Wednesday, August 2, 2023 –Wealthy businessman Elon Musk is now mulling over acquiring Coca Cola beverage Company. Elon, through his official social media pages, made this announcement saying he was willing to rebrand the beverage company should its current owner offer him the deal at $69,420,420,420.69 In his statement, Elon…
Crypto –Government has today Wednesday August 2 suspended Worldcoin Cryptocurrency. Interior Cabinet Secretary Kithure Kindiki suspended activities on Worldcoin Cryptocurrency company in the country after huge uproar over its activities in Kenya. This was a move taken days after the crypto company had launched its services in the country with…
Cost of Power – Central Organisation of Trade Union COTU Secretary General Francis Atwoli petitioned Parliament to reduce cost of power in the country. Today morning of Thursday July 27, the trade unionist tendered COTU’s proposal that seeks to lower the cost of electricity. He appeared before the National Assembly…
Planning -Businesses grow rapidly and smoothly by use of properly written well-thought business plan since that is what they use to also seek funding from financial institutions or investors. A well written business plan will not only attract investors into a business but also help managers in getting everything correct;…
Tech –Elon Musk-owned Twitter Tech Company has come up with a new logo ‘letter X’ replacing the common Twitter bird Larry. Making real his threats, the wealthy Twitter owner, Elon Musk, unveiled the simple letter X logo which is free of any colour – just pure black. “Not sure what…