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NEWS & CURRENT AFFAIRS

Digital News

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Frankline Sunday

'Wrong e-mail address' claim fails to stop Sh283m JKIA tender

Engineering firm Resqtec has lost the bid to stop a Sh283 million tender awarded to a rival firm to supply the Jomo Kenyatta International Airport with an aircraft recovery system.

'Wrong e-mail address' claim fails to stop Sh283m JKIA tender

Higher education at crossroads amid budget cuts, new funding model

Higher education at crossroads amid budget cuts, new funding model

Court orders Rubis to pay fired boss of oil firm Kobil Sh34.6m

Court orders Rubis to pay fired boss of oil firm Kobil Sh34.6m

Auditor General wants closure of illegal bank accounts operated by counties

Auditor General wants closure of illegal bank accounts operated by counties

Media trends: Radio, TV remain top news sources for Kenyans

Radio and television are the top sources for news among Kenyans despite increased digitisation in the country’s media industry over the past decade.

Media trends: Radio, TV remain top news sources for Kenyans

Demos push Safaricom share price down 17pc

Safaricom has lost more than Sh118 billion in paper value over the past two months.

Demos push Safaricom share price down 17pc

Fund managers net Sh10b in 3 months as Kenyans spread risk

Money market funds are gaining traction as the preferred investment vehicle as CMA data shows total assets under management stood at Sh225b in March.

Fund managers net Sh10b in 3 months as Kenyans spread risk

Postal Corporation hikes costs for digital addresses by 2000pc

The cost of owning and operating a virtual post office box would go up from the current Sh400 to Sh9,450 for corporates and Sh2,000 for individuals.

Postal Corporation hikes costs for digital addresses by 2000pc

Safaricom scrambles to shore up Gen Z market in wake of protests

Safaricom found itself in a tight spot over reports of internet throttling when users across the country experienced outages and slow connections for hours during the protests.

By 2 months ago

Safaricom scrambles to shore up Gen Z market in wake of protests

Truths and lies during Ruto's Sunday TV interview

President William Ruto's claim that he has put an end to extrajudicial killings is false.

By 2 months ago

Truths and lies during Ruto's Sunday TV interview

Manufacturers have their way as MPs drop disputed levies

Kenyan manufacturers have won big as Parliament’s Finance and National Planning Committee strikes out several proposed levies from the Finance Bill 2024.

By 2 months ago

Manufacturers have their way as MPs drop disputed levies

Watchdog now goes after tech giants with law review

CAK could soon begin regulating the activities of players in the digital marketplace in a move that could see platforms like Facebook and Google declared dominant.

By 3 months ago

Watchdog now goes after tech giants with law review

Security cash hits record high amid local, regional challenges

Ruto's administration is aligning itself with interests of the West, which is seeking to push back against the advance of Chinese and Russian influence.

By 3 months ago

Security cash hits record high amid local, regional challenges

State House exceeds budget by Sh1 billion

Initially, the budget for State House for the 2023/2024 financial year was set at Sh6.3 billion. It was later revised to Sh8.5 billion in the first supplementary budget.

By 3 months ago

State House exceeds budget by Sh1 billion

CA pushes for Sh88.5b nation-wide broadband

CA seeks to spend Sh28 billion over the next five years towards expanding mobile phone usage and mobile broadband to 66 and 65 per cent, respectively.

By 3 months ago

CA pushes for Sh88.5b nation-wide broadband

Court hands Makini Schools reprieve in row with PTA chairman

Milimani Principal Magistrate Sammy Opande denied Mr Bugo’s request to enjoin the institution’s parents and teachers’ association in his dispute with its management.

By 4 months ago

Court hands Makini Schools reprieve in row with PTA chairman

How State regulation bit off Sh2.8b from Safaricom profits

Customers making transactions valued at less than Sh1,000 now enjoy a waiver on the daily maintenance fees for the first three days.

By 4 months ago

How State regulation bit off Sh2.8b from Safaricom profits

How your Sh26 daily has lifted Safaricom's earnings to Sh329b

Telco’s after-tax profits grew by 13.7 per cent to Sh84.7 billion recorded in the year ended March 2024.

By 4 months ago

How your Sh26 daily has lifted Safaricom's earnings to Sh329b

Court throws out Jogoo Road residents' suit to stop eviction

Residents of Jogoo Road Phase Two Estate have lost their bid to challenge an eviction order from the government that seeks to demolish the estate and build affordable housing units.

By 4 months ago

Court throws out Jogoo Road residents' suit to stop eviction

Counties sitting on Sh1b emergency fund amid raging floods

Data from the Office of the Controller of Budget (CoB) indicates that Kenyan counties cumulatively set aside Sh1.9 billion to their emergency funds in the 2023/2024 financial year.

By 4 months ago

Counties sitting on Sh1b emergency fund amid raging floods

Nairobi County's uphill task to net Sh20 billion in land rates

Nairobi City County is looking to collect at least Sh20 billion in new land rates in a move that could make it the first devolved unit to fund its entire budget from internal revenue collection.

By 5 months ago

Nairobi County's uphill task to net Sh20 billion in land rates

New World Bank report warns of widening inequality gap, poverty

The latest report from the World Bank indicates that poverty levels in the country remain high even as the economy continues to post strong growth in the gross domestic product (GDP).

By 5 months ago

New World Bank report warns of widening inequality gap, poverty

The two women keeping a tight leash on Kenya's purse holders

AG Gathungu and Controller of Budget Nyakang’o have recently rubbed the State the wrong way. Both are facing unprecedented threats to remove them from office.

By 6 months ago

The two women keeping a tight leash on Kenya's purse holders

Safaricom Ethiopia set to surpass Kenyan operations

Safaricom Ethiopia is on track to surpass its Kenyan lead office in the next few years, in what could soon shift the focus of East Africa’s most profitable firm from Nairobi.

By 6 months ago

Safaricom Ethiopia set to surpass Kenyan operations

Ruto, Gachagua splash Sh785m on travel in six months amid austerity

The executive offices of the President, Deputy President and that of the Prime Cabinet Secretary spent Sh820 million cumulatively in travel in the six months ended December 2023.

By 6 months ago

Ruto, Gachagua splash Sh785m on travel in six months amid austerity

Financial irregularities cast a shadow on eCitizen

Platform has inadequate internal controls and risk management systems with high convenience fee charges and lack of adequate data protection safeguards.

By 7 months ago

Financial irregularities cast a shadow on eCitizen

Audit uncovers 687 excess staff at Treasury

The latest audit report indicates that 687 staff have been hired to positions created without authorisation or seconded to posts above the approved headcount.

By 7 months ago

Audit uncovers 687 excess staff at Treasury

Former Absa workers cry foul over shrinking pension returns

The former employees worked for Barclays Bank Kenya before it rebranded to Absa Bank in 2016. They claim the value of their pension has fallen by half in the last 13 years.

By 8 months ago

Former Absa workers cry foul over shrinking pension returns

Airtel battles CAK and vendors in multi-billion airtime suit

Airtel Kenya has moved to court seeking to block the Competition Authority of Kenya (CAK) from investigating and taking action against the telco over alleged abuse of buyer power.

By 8 months ago

Airtel battles CAK and vendors in multi-billion airtime suit

Crypto assets gather steam despite market jitters

According to the IMF, crypto assets can undermine tax revenue collection and compliance, with the decentralised nature of the medium making it hard to collect third-party information.

By 9 months ago

Crypto assets gather steam despite market jitters

How Sh6 billion Telkom deal was hatched in 6 days

Report lays bare the heights of impunity by high-ranking government officials that facilitated the irregular transaction and some of the beneficiaries of the Sh6 billion payout.

By 9 months ago

How Sh6 billion Telkom deal was hatched in 6 days

Media trends: Radio, TV remain top news sources for Kenyans

Radio and television are the top sources for news among Kenyans despite increased digitisation in the country’s media industry over the past decade.

Media trends: Radio, TV remain top news sources for Kenyans

Demos push Safaricom share price down 17pc

Safaricom has lost more than Sh118 billion in paper value over the past two months.

Demos push Safaricom share price down 17pc

Fund managers net Sh10b in 3 months as Kenyans spread risk

Money market funds are gaining traction as the preferred investment vehicle as CMA data shows total assets under management stood at Sh225b in March.

Fund managers net Sh10b in 3 months as Kenyans spread risk

Postal Corporation hikes costs for digital addresses by 2000pc

The cost of owning and operating a virtual post office box would go up from the current Sh400 to Sh9,450 for corporates and Sh2,000 for individuals.

Postal Corporation hikes costs for digital addresses by 2000pc

Safaricom scrambles to shore up Gen Z market in wake of protests

Safaricom found itself in a tight spot over reports of internet throttling when users across the country experienced outages and slow connections for hours during the protests.

By 2 months ago

Safaricom scrambles to shore up Gen Z market in wake of protests

Truths and lies during Ruto's Sunday TV interview

President William Ruto's claim that he has put an end to extrajudicial killings is false.

By 2 months ago

Truths and lies during Ruto's Sunday TV interview

Manufacturers have their way as MPs drop disputed levies

Kenyan manufacturers have won big as Parliament’s Finance and National Planning Committee strikes out several proposed levies from the Finance Bill 2024.

By 2 months ago

Manufacturers have their way as MPs drop disputed levies

Watchdog now goes after tech giants with law review

CAK could soon begin regulating the activities of players in the digital marketplace in a move that could see platforms like Facebook and Google declared dominant.

By 3 months ago

Watchdog now goes after tech giants with law review

Security cash hits record high amid local, regional challenges

Ruto's administration is aligning itself with interests of the West, which is seeking to push back against the advance of Chinese and Russian influence.

By 3 months ago

Security cash hits record high amid local, regional challenges

State House exceeds budget by Sh1 billion

Initially, the budget for State House for the 2023/2024 financial year was set at Sh6.3 billion. It was later revised to Sh8.5 billion in the first supplementary budget.

By 3 months ago

State House exceeds budget by Sh1 billion

CA pushes for Sh88.5b nation-wide broadband

CA seeks to spend Sh28 billion over the next five years towards expanding mobile phone usage and mobile broadband to 66 and 65 per cent, respectively.

By 3 months ago

CA pushes for Sh88.5b nation-wide broadband

Court hands Makini Schools reprieve in row with PTA chairman

Milimani Principal Magistrate Sammy Opande denied Mr Bugo’s request to enjoin the institution’s parents and teachers’ association in his dispute with its management.

By 4 months ago

Court hands Makini Schools reprieve in row with PTA chairman

How State regulation bit off Sh2.8b from Safaricom profits

Customers making transactions valued at less than Sh1,000 now enjoy a waiver on the daily maintenance fees for the first three days.

By 4 months ago

How State regulation bit off Sh2.8b from Safaricom profits

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