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Safaricom Wins Legal Battle for M-Pesa 1 Tap

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Infinix Hot 10i Officially Launches in Kenya

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit “Cookie Settings” to provide a controlled consent. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.

Kenyans Will Now Pay More for Internet and Calls Following New Finance Bill Ruling

Image sourced from Kenyan Wallstreet A new amendment in Kenya’s Finance Act of 2018 sought to change taxing on telephone and internet services from 15% to 20%. The change is set to go live today, 1 July. The amendment has seen criticism in the country since its first announcement because a large majority of Kenyans use their phones for both internet access and communication via SMS and calls. The country has also seen the recent adoption of many new services on mobile devices. New mobile services such as applying for a driver’s license, land transfers, paying for parking, and other licensing platforms, are but a few that will see increased taxation through usage. Techweez believes that the increased taxes will negatively affect the growth of mobile phones and internet penetration that has ...

COVID-19 Delta Variant May Soon Cause “Catastrophic” Wave of Infections in Kenya

Sourced from Times Live. /* custom css */ .tdi_4_3c5.td-a-rec-img{ text-align: left; }.tdi_4_3c5.td-a-rec-img img{ margin: 0 auto 0 0; } The highly contagious COVID-19 Delta variant that is currently causing a massive third wave of infections in South Africa may cause the fourth wave of infections in Kenya over the next two months. This is according to Kenya’s Health Ministry. First identified in India and the cause of significant desolation in the Asian country, COVID-19 Delta is dominant in the West of Kenya, where it was initially detected in the country. In response, Kenya’s government has imposed restrictions on movement in the region in attempts to stem Delta from spreading nationwide. Kenya had 183,603 confirmed Covid-19 cases and 3,621 deaths as of June 29, according to the Health ...

Does the Pandemic’s Impact in East Africa Demand Accelerated Digital Transformation?

Image sourced from US News. The COVID-19 pandemic has had a severe socio-economic impact in East Africa. While the region has escaped the worst of the health impact – infection and mortality rates are comparatively low next to those of Europe – the impact on businesses, communities and households has been devastating. With the exception of Kenya, Tanzania and Djibouti, countries in the region experienced negative real GDP growth in 2020, although all countries (with the exception of Sudan) are forecast to record positive growth this year. Traditional foreign exchange revenue sectors such as international tourism have all but disappeared. Data from the UN indicate that tourism numbers declined by 91% in Kenya: in August 2019, the country received 162,000 tourist visitors. By August 2020, th...

Kenyans Are Being Registered for Political Parties Without Knowledge or Consent

Image sourced from The World. Kenyan users are reporting on social media that they are being signed up as members of political parties in the country without their knowledge or consent via the Office of the Registrar of Political Parties (ORPP). Many are finding the developments baffling: According to the Registrar of Political Parties (@ORPPKenya), I am a registered member of ANC. Eeerm, since when? Why? How? @anc_party how did I get on your membership roll and how do I get out? pic.twitter.com/KqcD53OBEH — E. Chenze (@echenze) June 18, 2021 As of yet, there is no clear answer for why this is happening. Theories are running rampant on social media. Some users are claiming that information is being leaked via security breaches in Safaricom’s M-Pesa platform. Though this is a significantly ...

“Yellow Card” Seeks to Shake Up Cryptocurrency in Kenya

Image sourced from Kryptocurrency. /* custom css */ .tdi_4_770.td-a-rec-img{ text-align: left; }.tdi_4_770.td-a-rec-img img{ margin: 0 auto 0 0; } Yellow Card, a leading Africa-focused finance platform for trading cryptocurrencies has finally arrived in Kenya. The company claims it already has offices in 9 African countries, allowing customers from Nigeria, Botswana, Cameroon and South Africa, and others, to buy and sell crypto through its platform. “Yellow Card is a cryptocurrency exchange on which you can buy or sell supported cryptocurrencies with your local currency,” reads Yellow Card’s official website. /* custom css */ .tdi_3_776.td-a-rec-img{ text-align: left; }.tdi_3_776.td-a-rec-img img{ margin: 0 auto 0 0; } The company “offers a secure cryptocurrency wallet with which you send,...

Mobile Authentication Can Be the Key to Negating Cybercrime in East Africa

Image sourced from BICS. The rapid pace of digital transformation in East Africa has had a significant impact on not only how people live their lives, but also on how communication and commerce are conducted, allowing the modern customer to do everything – immediately. This has also had the unintended consequence of altering the way we are targeted by fraudsters and cybercriminals, notably changing the nature of cyber threats and attacks that we face in a mobile-first digital world. The Price of Cybercrime According to an Accenture report published in 2019, the total value at risk of cybercrime over the next five years is an estimated $5.2 trillion. The average cyberattack costs $13 million, according to the same report, with phishing, social engineering and stolen device crime making up $...

Eazzy Banking App Grows 222% as Digital Banking Explodes in Kenya

Image sourced from Kenya Online News. /* custom css */ .tdi_4_00d.td-a-rec-img{ text-align: left; }.tdi_4_00d.td-a-rec-img img{ margin: 0 auto 0 0; } The Central Bank of Kenya (CBK)’s Bank Supervision Annual Report 2020 noted that there was a notably high adoption of digital financial services by consumers during the beginning months of the pandemic in the country. This is believed in part due to consumers seeking channels for financial transactions with minimal physical contact, a necessity in remaining safe and socially distant as COVID-19 waves fluctuate. Now according to Techweez, the digital banking services provided by Equity Bank Kenya are now ahead of its traditional banking in terms of sheer volumes transacted. This comes via an announcement made when the lender revealed its Q1 20...

Energy Leaders Give Insight on the Future of Kenya’s Oil and Gas Transition

Sourced from Construction Review Online. Kenya’s oil and gas industry is in a state of transition, as its major oil and gas development — Blocks 10BB and 13T in Turkana — has been put on hold, with Tullow Oil submitting a notice of force majeure to the Kenyan Ministry of Petroleum and Mining, citing complications from COVID-19. Meanwhile, Uganda’s Lake Albert Project is moving ahead, with Total announcing plans to acquire Tullow Oil’s stake in the project. The massive development in Uganda, which is set to include a pipeline and refinery, could easily have an impact on regional oil and gas developments and opportunities. In a webinar, Kenyan energy industry leaders shared strategies and thoughts on how Kenya’s oil and gas sector can deal with the implications caused by COVID-19. According ...