Banking -Fingo Africa digital bank is launching in Kenya following recent approval of operations from the regulator- Central Bank of Kenya. The digital only bank partnering with Pan-African banking conglomerate Eco Bank aims at introducing digital banking services such as account opening, deposit and withdrawal transactions, balance inquiries, bank statement…
Author: Pesa Today
Business –Lawyer Miguna Miguna and Ahmednasir Abdullahi have warned Trade Cabinet Secretary Moses Kuria against shutting down foreign businesses. In a straight forward statement, Dr. Miguna noted that chasing away a genuine foreign competitor was not the right way to deal with economy. “If we close down China Square and…
Gas Investment –Tanzanian billionaire, Rostam Aziz, is expanding his LPG business to the neighbouring Kenyan market. President William Ruto on Friday, February 24, unveiled the new LPG multi-million plant in Mombasa owned by Taifa Gas, one of the several companies owned by billionaire Aziz. “We are keen on increasing the…
Changes -The Kenya Revenue Authority KRA board has finally replaced Commissioner General Githii Mburu with Advocate Rispah Simiyu. An official statement from the board issued on Thursday February 23, indicated that Mr. Mburu had stepped down from the position for personal reasons. Rispah Simiyu will be the Acting KRA Commissioner…
Business -Partnership business is one of the most common business models across the globe. Doing business in partnership enables parties to share responsibilities and, this, makes it easier to solve outstanding challenges. A business model of a sole entrepreneur can be morphed into a partnership when the owner deems it…
Government –Government of Kenya has gobbled a whooping sh 5 billion in the ongoing drought mitigation exercise around the country. Speaking on Al Jazeera on Sunday February 19, President William Ruto explained that his government had not started its development projects because of the drought currently ravaging the country. “We…
Online Business -Anyone thinking of venturing into the internet business and blogging industry should learn afew aspects on how to handle online business. Online business requires careful strategy that will see the baseness not only grow fast but also gain business reputation. Many online businesses are regarded as scams and,…
Shares –a number of American billionaires have shown interest in pumping millions into a Kenyan offee making business. This is after a Kenyan entrepreneur Margaret Nyamumbo of – Kahawa 1893 – attracted their attention during the ongoing Shark Tank Show. In the series that went live on Friday February 17,…
Company –YouTube Chief Executive Officer CEO Susan Wojcicki has stepped down from the giant tech company. Wojcicki who has been at the helm of YouTube headquarters made this resignation confirmation on Twitter saying this was a personal decision which has come at the right time after 25 years of service…
Thursday, February 16, 2023 –Nairobi Lawyer Danstan Omari is now a man to watch when it comes to handling all high-profile cases in the country. Of late, Omari has been appearing for prominent figures including the ongoing case pitting government against former Interior Cabinet Secretary Dr. Fred Matiang’i. Dr. Matiang’i’s…