Author: Muindi

As lovers across the globe hunt for the perfect Valentine’s Day gift, sweethearts, across East Africa, central banks are raising alarm over a growing trend: the misuse of currency banknotes in decorative and celebratory displays. From cash bouquets to ornamental arrangements, these practices may look festive, but they carry serious consequences for the economy and the public. Why It Matters Banknotes are designed to serve as a medium of exchange, unit of account, and store of value. When folded, glued, taped, pinned, or stapled, their integrity is compromised. As the Central Bank of Kenya (CBK) cautioned, such actions “interfere with…

Many people worry about what happens to their M‑Shwari loan if they change their phone number or inherit a recycled line. The truth is simple: your loan responsibility is tied to your national ID, not your phone number. How Loan Recovery Works Loans are managed at ID level Every loan is linked to the ID used during registration. Your phone number is only a contact point. Phone numbers follow the ID If you default and later register a new line under the same ID, recovery can still happen through that line or any accounts tied to your ID. Recycled numbers…

Kenya will experience near‑average to above‑average rainfall in several key regions during the March–April–May (MAM) 2026 “Long Rains” season, the Kenya Meteorological Department (KMD) has forecast. KMD released the forecast during the Twelfth National Climate Outlook Forum (NCOF‑12) in Nairobi under the theme “From Crisis Response to Climate Preparedness – Inclusive Early Warning Services for All.” Main Rainfall Season: What to Expect The March–May period marks Kenya’s primary rainfall season, which typically delivers the bulk of annual precipitation. Areas that usually record the highest totals—often exceeding 300 millimetres—include the Lake Victoria Basin, the central and southern Rift Valley, the highlands…

The Kenya Revenue Authority (KRA) has won a landmark case against Del Monte Kenya Limited after the Tax Appeals Tribunal dismissed the company’s appeal over transfer pricing. The Tribunal ordered the fresh produce giant to pay KSh 1.76 billion, ruling that the company failed to justify why profits were being shifted to offshore affiliates instead of being taxed in Kenya. “The tribunal found that the pineapple giant could not justify why it was shifting profits to offshore companies when the real value of the business is created in Kenya,” the judgment stated. Tribunal Rejects Del Monte’s Transfer Pricing Defense KRA’s…

DAR ES SALAAM, Tanzania – Uber has officially ceased operations in Tanzania as of January 30, 2026, closing a decade-long chapter of ride-hailing convenience in the country’s largest cities. The company announced the decision with regret, thanking Tanzanians for their support since its 2016 launch in Dar es Salaam. “This chapter comes to an end, but our gratitude to you remains,” Uber wrote to customers, noting the service had become part of daily commuting for many urban residents. so Uber gave up on Tanzania? and left the market…. pic.twitter.com/w4EpYXgT1R — Benjamin Fernandes 🇹🇿 (@Benji_Fernandes) January 31, 2026 Impact on Travel…

The Federation of Public Transport Sector (FPTS) has suspended the nationwide matatu strike that was scheduled for Monday, February 2, 2026, following consultations with key stakeholders. In a notice issued on Sunday, February 1, 2026, the federation explained: “Following consultations between representatives of Boda Boda Operators, PSV Operators and Security Agencies, it was agreed that the Matatu Strike scheduled for Monday, February 2, 2026, be suspended to give dialogue a chance.” 🚨 UPDATE 🚨 The matatu strike scheduled for Monday, 2nd February 2026 has been suspended following stakeholder consultations. ✔️ Public transport will operate as usual ✔️ Dialogue continues toward…