Business

The Tax Appeals Tribunal ruled in Zhao's favour, finding that the 60-day period within which KRA was required to issue its objection decision should have been calculated from the date of the initial email objection.

The report also highlights Kenya's continued appeal as a technology and innovation hub, pointing to major investments by global giants such as Google, Meta, and Microsoft

The per-chat storage management tool will allow users to view and control how much space each chat or group occupies.

Users will be able to link their PayPal accounts within the ChatGPT app, view balances, and confirm transactions securely inside OpenAI’s ecosystem.

Kenyan gaming creators, many of whom post unedited gameplay, reviews, and live streams, will now need to make creative adjustments to remain compliant.

This change would allow counties direct control over fees from electricity lines, substations, and other state-owned infrastructure running through public land.

Power purchased from Uganda nearly doubled compared to the previous month, reaching 32.5 million kWh in August from 18.95 million kWh in July.

Stagnant wages, rising expenses, and the appeal of financial independence are prompting employees to manage multiple income streams, blending formal employment with side ventures.

Production kept pace with demand, rising to 920,442 tonnes, up from 906,979 tonnes in July, ensuring adequate supply to meet the growing market.

Amazon hired as its delivery demand peaked during the COVID pandemic, meaning analysts anticipated layoffs. The company is also in the process of boosting its AI spending with a view to streamlining.

Spotify says the Apple TV app has been “rebuilt from the ground up” with smoother navigation, new visual layouts, and faster browsing.

When composing a new Thread, users will now notice a small ghost icon beside the post button. Activating it turns the post into a Ghost Post, meaning the post is visible to followers and the public for 24 hours before it automatically fades away from feeds.

The committee is now urging the National Treasury to enforce strict measures, including performance-based benchmarks and readiness checks before approving new borrowing, to reduce the accumulation of unnecessary fees.

15 of the 20 companies faced fines amounting to at least half of the assets they failed to remit. CIC Insurance bore the largest penalty of Sh999.6 million for not remitting Sh1.4 billion.

Producer inflation, which captures the changes in costs before goods reach the consumer, can influence retail prices.

The two-day meeting has drawn together government officials, logistics experts, and private sector representatives from across Africa, seeking to explore how modernisation can drive efficiency without sidelining the human element that keeps the industry running.

The Tax Expenditure Report 2024 highlights that the bulk of the increase was driven by import excise duty, which almost tripled to Sh6.2 billion from Sh2.1 billion the previous year.

The proposed regulations aim to introduce strict rotation rules, capping the tenure of audit partners, managers and staff at four consecutive years, while the audit firm itself will be limited to eight consecutive years.

The proposed law divides the fund into three components to shield the economy from revenue shocks, finance strategic projects and secure resources for future generations.

Government ministries, departments, and agencies spent Sh366.5 billion between July and September 2025 on recurrent votes such as salaries, wages, administration and the operation and maintenance of offices, compared with Sh280.09 billion in the same period last year.

The report, which covered 36 banks and microfinance institutions, showed that for every Sh100 profit, the exchequer collected Sh38.50 in taxes.

Muriithi said the Fund believes the shilling’s performance against the dollar is ‘too stable’, and the scope is interfering with monetary policy transmission and inflation targeting.

Kenya remains under FATF grey listing, after being flagged in February 2024, a decision that has rattled its financial sector.

According to the findings, most firms still have unused capacity, allowing them to respond to surging demand without making large new investments.

The HEST II project is expected to benefit over 20,000 students, including 8,000 young women, and generate about 5,000 direct and indirect jobs in the country.

The trader says the gazette notice issued on July 28 is unconstitutional and unfairly benefits the Kenya National Trading Corporation (KNTC), which was selected as the sole importer.

While the sector’s share of total tax receipts slightly declined from 8.78 per cent in 2023, it remains a substantial contribution given that it originates from only 36 entities out of more than eight million registered taxpayers.

The new feature will debut first on the Pixel 9 series and select Samsung Galaxy devices, before expanding to more Android phones.

The update is now available for download via the Google Play Store and Apple App Store, marking the start of YouTube’s next chapter in digital design.

The rebound follows a period of slow sales in 2024, when reduced government spending and tighter financial conditions dampened demand.

Developed in collaboration with Kenya’s deaf and hard-of-hearing community, Terp 360 has recorded over 2,300 signs, including commonly used words and phrases.

Loans and advances from commercial banks to the sector declined from Sh602.7 billion in 2023 to Sh528.0 billion.

AI chatbots such as ChatGPT and Copilot routinely distort the news and struggle to distinguish facts from opinion. That's according to a major new study from 22 international public broadcasters, including DW.

The CBK on October 7 reduced its Central Bank Rate to 9.25 per cent from 9.50 per cent, continuing a trend of monetary easing that began in August 2024.

If successful, X will become the first major social platform to operate a fully AI-governed content ecosystem — one guided almost entirely by machine learning rather than human-coded rules.

Sources close to Meta say the company wants to prioritise its own assistant, Meta AI, and prevent external bots from clogging its servers or competing for user attention within its app ecosystem

The issue appears to be affecting primarily Android users, particularly those on newer devices such as Samsung Galaxy and Google Pixel phones.

CBK in its latest Monetary Policy Committee meeting slashed the base lending rate for the eighth consecutive time to 9.25 per cent, from the highs of 13 per cent sometime last year.

In a statement shared with several tech outlets, Meta said the move is aimed at streamlining its messaging platforms and focusing resources on mobile and web versions of Messenger.

It affects both unlocked and carrier models, with update files now reportedly pulled from Samsung’s servers in key regions, including South Korea, the company’s home market, and several parts of Europe.

Another standout feature is its Browser Memory, a new opt-in system where your browsing activity forms a persistent, AI-accessible context.

Wandayi said the fund will draw money from multiple sources, including appropriations from Parliament and contributions from energy sector players, which are likely to include new charges collected from consumers on fuel or electricity.

The report notes that the CBK recruited managers who did not fully meet the mandatory experience or service period requirements.

In September alone, Kenyans in the diaspora sent $419.6 million (Sh54.3 billion), adding to the cumulative $3.355 billion (Sh434.2 billion) remitted in the first eight months of the year.

Kagame told top commanders from 19 African nations that modern warfare is shifting online, with artificial intelligence, disinformation, and cyberattacks posing as much danger as guns and bombs.

A new CBK survey shows none of the firms in the sector plans to hire new workers in 2025, raising questions over the government’s affordable housing programme, which had been touted as a game-changer for employment.

According to the CA, ransomware operations have become more complex, with attackers now combining data encryption, theft, and blackmail to target critical service providers and financial systems.

Others which have been affected include Roblox, Snapchat, Fortnite, Amazon, Canva, Coinbase, Ring, Duolingo, and more.

The bigger ambition of our project is to explore how data for ASR is collected and how much of it is needed to create ASR tools. We aim to share our experiences across different geographic regions.