Author: David Indeje

The Energy and Petroleum Regulatory Authority (EPRA) has announced an increase in fuel prices in Kenya for the period from October 15 to November 14, 2023. The prices for Super Petrol, Diesel, and Kerosene have risen by 2.7%, 2.2%, and 1.2%, respectively, reaching Kshs 217.4, Kshs 205.5, and Kshs 205.1 per litre. “Taking into account the weighted average cost of imported refined petroleum products, the changes in the maximum allowed petroleum pump prices in Nairobi are as follows: Super Petrol, Diesel, and Kerosene increase by Ksh5.72, Ksh4.48, and Ksh2.45 per litre respectively. “In Nairobi, Super Petrol, Diesel, and Kerosene will…

A Kenyan court has dismissed a complaint by the Law Society of Kenya (LSK) challenging the government’s decision to authorize the cultivation and import of genetically modified organisms (GMOs).  The decision to allow GMOs, which had been banned since 2012, was made by President William Ruto’s government in October 2022 in response to a severe drought.  The Kenyan Cabinet’s decision was informed by various expert and technical reports on the adoption of biotechnology.  These included reports from Kenya’s National Biosafety Authority (NBA), the World Health Organization (WHO), the Food and Agriculture Organization (FAO), the United States of America’s Food and…

London-based, Essex Police have confirmed that there was no cause for concern on board the Kenya Airways flight KQ100. This follows RAF fighters’ interception and diversion of the flight from Nairobi to London Heathrow. The plane was diverted to Stansted Airport due to a potential security threat. “Officers carried out enquiries and established nothing of concern on board. The plane has been handed back to the airport which has remained operational throughout,” the Essex Police Tweeted. Officers have established there is nothing of concern on board a flight diverted to #Stansted Airport. Officers carried out enquiries and established there was nothing…

Absa Bank Kenya PLC raises transaction limits on its Timiza wallet following a Central Bank of Kenya directive, enhancing customer convenience and digital transformation. Absa Bank Kenya PLC has increased the transaction limits on its Timiza wallet, following a directive from the Central Bank of Kenya (CBK).  The CBK in September allowed payment service providers to increase daily mobile money transaction limits from Sh150,000 to Sh250,000 and expand the size of mobile money wallets from Sh300,000 to a maximum of Sh500,000. In response to this directive, Absa Kenya has raised the maximum amount that one can transact in a single…

In the 2023 fiscal year, Safaricom supported over 1.2 million jobs, including 236,674 direct and 1,159,309 indirect positions, and contributed KSh 909.5 billion to the Kenyan economy. According to Safaricom’s 12th Sustainable Business Report, this contribution was equivalent to 14.6 times the Ksh62.3 billion ($419.1 million) net profit it posted during this period. It is also equal to 5.1 per cent of Kenya’s gross domestic product (GDP). The increase is attributed to the value created for customers, agents, and merchants through M-PESA (a 17% increase from 2022), as well as the economic impact created through Safaricom’s capital and operational expenditures.…

The Industry Digital Talent Program, a collaborative initiative in Kenya, aims to develop digital skills and innovation, targeting to upskill 1,000 participants within its first year. In a bid to transform Kenya through digital skills and innovation, technology sector players have launched the Industry Digital Talent Program. This initiative is a partnership between academia, training partners, tech hubs, government agencies, and industry players, and aims to develop digital skills in the market by taking a sustainable approach to create a healthy digital talent pipeline. The program targets to upskill 1,000 participants within its first year based on the digital skills…