Author: Kaluka wanjala

Kenya Power plans to start trials of electric vehicle charging stations in Nairobi and Nakuru. The company plans to start the trials next month as a way of expanding its revenue streams. Kenya power hopes that it can take advantage of the growing e-mobility industry. It seeks to grow electricity sales as the e-mobility sector grows. With a number of car owners opting for electric vehicles, Kenya Power wants to be prepared as demand for charging stations grows.  “The proof of concept phase will be used by Kenya Power to develop and pilot the proposed e-mobility system in a scaled…

Roam Electric Vehicle Manufacturer has announced a new partnership with Kitale-based Kengra Logistics Limited. This new partnership will see the unveiling of new electric motorcycles in Western Kenya.  Roam Electric Vehicle Manufacturer was established back in 2017 as an electric mobility company. It focuses on electric conversion kits for fleet vehicles including light trucks, public transport and buses, as well as electric motorcycles and energy systems. The unveiled motorcycle is dubbed Roam Air. It has a top speed of 90 Km/h and a range of 180 Km on a single charge. “Roam Air is adapted and designed in detail for the…

If you are planning to buy a new mobile, you will be paying more compared to where the prices were a few months back.  The price hike is due to the new taxes as per the Finance Act 2022. The act imposed a 10% excise duty on the importation of cellular phones. It also imposed a Ksh 50 excise duty on every imported SIM card.  “Excise duty on importation of cellular phones shall be at 10 percent of the excisable value,” reads the Act which was signed into law back in June. With that, players in the industry including Safaricom…

Kenya based music streaming service, Mdundo, has reported its latest stats revealing that it now has over 20.3 million active users across Africa. This number is a sum of all its users in all the markets the service operates in as of June 2022. During this period, the company had expected its user base to reach anywhere between 19 and 20 million so 20.3 million is better than what it expected. This also represents a 74% jump in users compared to the same period last year. Back in June, Mdundo released its 2025 strategic direction where it revealed that it…

If you are a DStv subscriber, prepare to pay more for your subscription as from next month. DStv Kenya has confirmed that the price hike will be implemented as from 1st September 2022. This is not the first time the pay TV service is adjusting its prices upwards, the company has done it before to cover some of its costs.  Defending the price changes, DStv said this replying to an inquiry on Twitter, “We hear your concern. When we decide on pricing, we consider our costs like our satellites and distribution equipment; buying shows, movies, and channels; decoders; our infrastructure…

Michael Joseph is set to leave his role as the Chairman of the Board at Safaricom in a few days.  He was previously the CEO of the telco from 2000 to 2010 before he was replaced by Bob Collymore. Michael Joseph came back as the CEO of Safaricom after Bob Collymore passed and was replaced by the current CEO, Peter Ndegwa. He stuck around as the Chairman of the Board even after this. Leaving his current post, he will be replaced by John Ngumi who is set to take over the role from August 1, 2022. This has been revealed…

A number of technology sector players have today partnered to launch the Digital Talent Program in Kenya. This program focuses on developing digital skills in the market by taking a sustainable approach to create a healthy digital talent pipeline. During its first year, the partners hope that the program will upskill 1,000 participants with high demand digital skills. The partners are drawn from different organizations from academia, training partners, tech-hubs, Government as well as industry players.  At the moment, over 30 partners are onboard and they include 6 Universities, 14 Training Partners, 5 Tech-Hubs and community organizations, 7 Government agencies…

Earlier this month, EDOMx Ltd In partnership with Safaricom and Equity Bank had plans to launch Faraja, a zero-interest credit service that would allow users to to shop for goods of up to Ksh 100,000 and pay later in installments. The launch was scheduled for July 6 at 8 pm but was quickly canceled hours before happening with no clear reason or explanation.  None of the parties gave a good reason for the cancellation but the Business Daily is reporting that the Central Bank of Kenya had something to do with it. According to the publication, a call was made…

Absa Bank Kenya has unveiled plans to invest Ksh 2 Billion to implement some technological upgrades that the banking giant hopes will improve the experiences of its customers.  The bank has revealed that it will use some of the money to launch an online account opening platform. This platform will make it much easier for customers to open Absa accounts from anywhere they are at any time. There will be no need of visiting a branch to do this as has been the case for ages.  According to the bank’s Kenya Managing Director Jeremy Awori, online account opening platform shows…

Airtel Money has announced the appointment of Rose Mambo as its chairperson. This appointment comes after Airtel Kenya announced that Airtel Money will start operating as a separate entity. “We wish to congratulate Rose Mambo on her new appointment and wish her all the best in this assignment. Her expertise from across the public and private sectors will add tremendous value to Airtel Money as we work towards deepening financial inclusion in the country,” the company said in a statement. Rose holds a Master of Business Administration degree from Strathmore Business School, Master of Law degree from American University, a…