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Kenya is offering visa-free entry to tourists and business travelers for up to three months, a move announced by President William Ruto. To improve the travel experience, new Transit and Long Connection Travelers Electronic Travel Authorisation (EtA) permits are now available. These permits allow travelers with extended layovers to leave
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Safaricom PLC has officially entered the money market sector through its subsidiary Ziidi Money Market Fund, now licensed by the Capital Markets Authority (CMA). This development introduces a new investment option that integrates with M-PESA, similar to Safaricom's other unit trust product, Mali, managed by Genghis Capital. The
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Communication service provider Safaricom PLC has asked Parliament to excuse it from the requirement to generate electronic tax receipts for the millions of shillings in M-Pesa transaction fees processed monthly. Appearing before the Finance and National Planning Committee of the National Assembly, Safaricom outlined challenges with meeting the electronic tax
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The latest report from the Communication Authority of Kenya (CA) shows Safaricom capturing the largest share of revenue from voice, data, SMS, and other mobile services. For voice services, Safaricom maintained a commanding 74.2% share of revenue, followed by Airtel with 21%, and Telkom Kenya at 4.5%. In
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Tourism and Wildlife Cabinet Secretary Rebecca Miano on Thursday held a meeting with British High Commissioner Neil Wigan to discuss collaboration on wildlife conservation and strategies to promote Kenya's tourism internationally. The discussions focused on innovative technologies for wildlife management, research-based solutions, and promoting sustainable tourism. "We
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Kenya Commercial Bank (KCB) has reported impressive financial results for the year, posting a 49% increase in profit after tax, amounting to Ksh 45.8 billion for the first nine months of 2024. This represents a leap from the Ksh 30.7 billion posted during the same period last year,
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A new high-tech tracking system has been introduced at Ngulia Rhino Sanctuary to support the conservation of endangered black rhinos. The initiative, launched by Tourism and Wildlife Cabinet Secretary Rebecca Miano, combines ear-notching and real-time surveillance to deter poaching and improve care for the rhinos. Managed by the Kenya Wildlife
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Had Shantelle Nyambura known earlier that the illness making her feel nauseous and weak was malaria, a preventable disease, she would have acted sooner. Malaria, a frequent and deadly disease in Kenya, struck Shantelle while she was studying at Booker Academy. As a boarder, the experience left her shaken. Now
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In today’s world, sustainability has become central to addressing urban growth challenges, and Centum Real Estate is at the forefront of this movement in East Africa. With a focus on creating eco-friendly, cost-efficient housing, Centum RE is transforming the region’s property landscape, paving the way for sustainable and
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Centum Real Estate has handed over its sold-out apartments to buyers of the second phase of the Loft Residences, located within the Two Rivers commercial and residential complex in Nairobi. The company says the handover marks another milestone for Centum Re, which has completed thousands of homes in Nairobi, Kilifi,
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Centum Real Estate Company has provided four-year scholarships to economically challenged students in Kilifi, facilitating their pursuit of secondary education. The program targets students who achieved a score of 320 marks or more in the 2023 Kenya Certificate of Primary Education, ensuring their educational continuity by covering associated fees. The
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Centum Investment Company Plc (CTUM.ke), listed in the Investment sector on the Nairobi Securities Exchange, has unveiled its interim results for the first half of 2024. To access further details, including reports, abridged reports, interim earnings results, and earnings presentations, please visit the Centum Investment Company Plc (CTUM.ke)