Relief for Kenyans as mobile money apps waive late payment fees

Relief for Kenyans as mobile money apps waive late payment fees

Seventeen major mobile money apps in the country under the banner of Digital Lenders Association of Kenya (DLAK) announced on Monday, April 6, their decision to waive late repayment fees as part of measures to cushion Kenyans from economic shocks occasioned by the Covid-19 pandemic. The association observed that the daily incomes of their customers...

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Homa Bay county govt waives taxes for 30 Days

Homa Bay county govt waives taxes for 30 Days

Homa Bay county government has taken an unprecedented step towards addressing the coronavirus pandemic by instituting a 30-day tax waiver. The waiver will affect traders selling foods in all open-air markets in the county. A report by the Standard on Wednesday, March 25, detailed that the Finance Executive Nicholas Koriko had confirmed that the markets...

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Safaricom to partner with matatus through M-Pesa

Safaricom to partner with matatus through M-Pesa

Safaricom and the matatu sector have initiated a partnership that will see facilitation of cashless payments. This partnership is driven by the concern over the coronavirus pandemic, which puts passengers at risk of infections through cash handling. Safaricom Chief Financial Services Officer Sitoyo Lopokoiyit said the service is already in progress. “Our partnership with the...

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CAK orders Cleanshelf to refund customers on overpriced sanitizers

CAK orders Cleanshelf to refund customers on overpriced sanitizers

Supermarket retailers Cleanshelf, have been ordered to refund customers on overpriced sanitizers. According to the Star, this order was issued by the Competition Authority of Kenya. It violates the Competition Act No.12 of 2010. “Pursuant to the Authority’s investigations under Section 70A of the Act, the Authority established that the retailer has been unconscionably adjusting the...

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Keroche Breweries responds with fire after KRA shutdown order

Keroche Breweries responds with fire after KRA shutdown order

Keroche Breweries Limited has come out guns blazing against a decision by Kenya Revenue Authority (KRA) to block it from accessing its bank accounts. Chief Executive Officer (CEO) Tabitha Karanja on Thursday, March 12, said KRA had issued a directive to banks accounts of the Naivasha-based firm to collect the alleged KSh 9 billion unpaid...

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