Tala, a fintech lender that offers small loans to millions of people in emerging markets, has stopped giving credit to its Tanzania customers after it was charged with economic crimes in Dar es Salaam. “We regret to inform you that Tala is no longer offering loans in Tanzania. We thank you for giving us a chance to serve you and wishing our customers success,” Tala said in a Tweet. https://twitter.com/TalaTanzania/status/1169867582851047425 In April, according to The East African, the Vodacom managing director and Tala business operations manager were charged alongside six other company staff with causing the government the loss of…
Author: David Indeje
David Indeje
David Indeje is the Community Engagement Editor at Khusoko, East Africa’s leading digital business news platform. He shapes editorial content, drives audience engagement, and amplifies diverse voices. Beyond journalism, he consults on digital strategy across agriculture, governance, technology, and health, while examining AI’s role in the future of media. He also serves as Communications Officer at KICTANet, advancing digital inclusion and policy dialogue.
Kenya’s gig economy is driven by the demand side, especially in urban households’ transport and domestic service uptake.
The government of Kenya may be able to contain its budget deficit to 3.5 per cent of gross domestic product (GDP) in 2022/23 (FY 2020/21) in the Third Medium Term Plan according to the National Treasury. “We expect the budget deficit to reduce to 3.5 per cent of GDP in 2022/23 from a high figure of 7.7 percent of the GDP in 2018/19,” said Amb. Ukur Yatani, Ag. Cabinet Secretary, National Treasury & Planning during the launch of the Fy2020/21 and the Medium-term Budget preparation process on Thursday. The First Medium Term Plan covered the period 2008-2012 The Second Medium…
Kenya has become the third country in Africa after Ghana and Malawi to roll out malaria vaccine to young children below five years in selected areas of high malaria transmission. The launch of the phased introduction of malaria vaccine took place on Friday in Ndhiwa, Homa Bay County targeting about 18, 000 children. In Kenya, the Ministry of Health through the National Vaccines & Immunization Program will perform a phased introduction of the vaccine in parts of the country where malaria transmission is highest and the malaria vaccine is expected to provide the highest benefit. Areas targeted include Kisumu , Migori,…
The Kenyan Cabinet on Thursday approved a KSh6.9 billion ($69 million) budget for the development of an Inland Container Depot at Naivasha. The funds will support the development of the Naivasha Special Economic Zone and the impending completion of Standard Gauge Railway (SGR) phase 2A. The special Cabinet meeting at State House, Nairobi said the billions will be used to develop an inland container depot, railway marshalling yard, logistics zone, and public utility area. “It will also fund other core enabling infrastructure to support the development of the Naivasha Special Economic Zone and the impending completion of SGR phase 2A,”…
Beer maker Kenya Breweries Limited (KBL) has launched a new alcoholic beverage – Sikera Premium Apple Cider in the market in response to consumers changing tastes and preferences. The launch follows the introduction of Kenya’s first locally-produced cider, Tusker Premium Cider three years ago. “Sikera’s launch is the result of a recently-conducted consumer study on the trends driving the alcohol beverage market in our industry. These consumer insights then informed our innovation efforts extending our cider category, to provide a broader variety to our consumers,” said KBL Managing Director Mrs. Jane Karuku. Cider is an alcoholic beverage typically made from…