Crypto meltdown deepens as stablecoin Tether drops below dollar peg
Business Daily | by Reuters
The meltdown in TerraUSD, one of the world's largest stablecoins, sent shockwaves through cryptocurrency markets on Thursday, pushing another stablecoin...
Betting via M-Pesa hits Sh169.1bn in one year
Business Daily | by Otiato Guguyu
Kenyans spent Sh169.1 billion to place bets through Safaricom’s M-Pesa in the year to March, underlining the gambling craze...
Electric vehicle manufacturers want tax cuts
The Standard | by Frankline Sunday
Electric vehicle manufacturers are asking the government to introduce tax incentives aimed at easing the cost of owning and operating...
Shilling for first time hits Sh116 against the dollar
Business Daily | by Elizabeth Kivuva
The Kenyan shilling has for the first time crossed the Sh116 mark against the dollar, setting the stage for...
Eight million Kenyans send, receive cash on third party phones
Business Daily | by Edna Mwenda
Eight million Kenyans use other people’s mobile money accounts to send and receive cash, making it difficult to track...
Serena hotel operator TPS narrows loss to Sh633m
Business Daily | by Victor Juma
Serena hotel brand operator TPS Eastern Africa nearly halved its net loss to Sh632.9 million in the year ended...
UAE-based fast food chain ChicKing plans Kenya entry in June
Business Daily | by Brian Ngugi
Dubai-based halal fast-food chain ChicKing plans to open 30 fast food outlets in Kenya over the next five years...
Meta sued in Kenya over claims of exploitation and union busting
Tech Crunch | by Annie Njanja
A suit was filed today against American social media giant Meta and Sama, its main subcontractor for content moderation...
