Author: Khusoko

The Central Bank of Kenya (CBK) has signed an agreement with E4Impact Foundation, an Italian organization, to provide support to Kenyan financial technology startups. The partnership is part of CBK’s plan to promote innovation in Kenya’s financial sector. Through the agreement, Kenyan start-ups will have access to international investors, markets, and players in the fintech space. Additionally, E4Impact Foundation will offer customized capacity building to fin-techs in the country. The agreement will further push Kenya’s commitment to empowering Kenyan businesses through strategic partnerships and networking. The agreement builds on the partnership between CBK and E4Impact during the Virtual Africa Hackathon…

Naivasha-based Keroche Breweries said on Tuesday it expects its newly launched product, Vienna Ice Strong Lager will generate KSh1 billion to Kenya Revenue Authority annually. Tabitha Karanja, the brewer’s chief executive disclosed that the Vienna Ice Strong Lager has a 10 per cent alcohol content, the strongest in the market. “The new product Vienna Ice Strong Lager will generate over KSh1 billion to KRA every year and this will rise with time as per our market projections,” she said. The CEO said. “Taking one Vienna Ice lager will roughly be equal to two regular beers of an equal volume of…

Leading global smart device brand OPPO celebrated the 21st World Intellectual Property (IP) Day, summing up the latest progress it has made in respecting and protecting intellectual property across over 40 countries and regions where it operates. According to the World Intellectual Property Organization (WIPO), OPPO sits among the top 10 Patent Cooperation Treaty (PCT) filers in both 2019 and 2020. As of March 31, 2021, OPPO had filed for over 61,000 patents and owns more than 26,000 granted patents globally. Among these, 54,000 are utility patents, accounting for 89% of all OPPO patent applications, which marks an extraordinary achievement…

PwC Kenya says as a taxpayer, you need to acquaint yourself and comply with the Finance Act 2020 on Digital Service Tax (DST) that introduced a tax of 1.5% of the gross transactional value-effective 1st of January 2021. According to Nicholas Kahiro – PwC Manager and Corporate Tax Specialist, “The Kenya Revenue Authority (KRA) has further instituted provisions that have expanded the applicability of DST to cater for the changing marketplace with DST being one of the key revenue measures of KRA especially from corporate tax policy.” He added, “DST is here to stay. Its main target is capturing non-resident…

Huawei believes that ICT has the potential to reduce global carbon emissions by 20% over the next decade. William Xu, Director of the Board and President of Huawei’s Institute of Strategic Research, recently said energy sustainability was a daunting challenge that faced all countries over the next decade. “Global energy consumption is growing at an annual rate of 1.7%. Currently, 85% of energy comes from fossil fuels. Energy sustainability is a daunting challenge that faces all of us. By empowering a wide range of industries, ICT technology has the potential to reduce global carbon emissions by 20% over the next…

OPPO Reno5 F is already selling on the Kenyan markets. This the most affordable variant of the Reno5 series. OPPO Reno5 F is almost entirely like Reno5 in terms of features and specifications, including the screen type and size, battery capacity, RAM, and internal storage. However, they are differentiated by the screen refresh rate, screen protection, processor, cameras, and charging speed, among others. Some quick specs include: DISPLAY: AMOLED, 6.43 inches, 1080 by 2400 pixels PLATFORM: Android 11, ColorOs 11.1, Mediatek MT6779V MEMORY: 128GB/8GB RAM MAIN CAMERA: Quad 48MP wide, 8MP ultrawide, 2MP macro and 2MP depth SELFIE CAMERA: Single…