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Kenya's first Data Commissioner on the tough task of policing the country's data economy

Nairobi, Nov. 12 -- Kenya passed the Data Protection Act, 2019 shortly after the groundbreaking European Union's General Data Protection Regulation (GDPR), to help protect people's personal informatio... Read More


NBK cleared to recover Sh146m from construction company

Nairobi, Nov. 12 -- National Bank of Kenya (NBK) has secured a court order allowing it to recover Sh146.8 million from a construction company over a defaulted Shariah-compliant financing facility. Th... Read More


Bid to lift prosecutors' immunity in Sh63bn Arror, Kimwarer dams case fails

Nairobi, Nov. 12 -- The High Court has dismissed a petition by four lobbies seeking to lift the immunity of two prosecutors involved in the Sh63 billion Arror and Kimwarer dams scandal, ruling that th... Read More


Treasury seeks to seize idle cryptos

Nairobi, Nov. 12 -- Unclaimed cryptocurrencies and stablecoins will be surrendered to the State if a proposal by the Treasury to seize idle digital assets is adopted. This will see the digital curren... Read More


Rethink storey buildings' design verification

Nairobi, Nov. 12 -- On Tuesday, I was in an auditorium at Barabara House, the headquarters of the Kenya National Highways Authority, in the company of a distinguished gathering of engineers who spent ... Read More


IMF wants Kenya to ease stablecoin reserve rules, review crypto capital thresholds

Nairobi, Nov. 12 -- The International Monetary Fund (IMF) wants Kenya to allow foreign-denominated stablecoin issuers to keep their reserves abroad, a departure from requirements that compel crypto fi... Read More


Why Uganda supplies 95 percent of Kenya's illicit cigarettes

Nairobi, Nov. 11 -- Kenya's booming illicit cigarette market is largely fed by Uganda, which accounts for most contraband tobacco products entering the country. This has deprived the government of Sh4... Read More


Kakuzi seeks review of judgment in fight over 72-acre land

Nairobi, Nov. 11 -- Kakuzi Plc has returned to the Supreme Court seeking a review of a judgment dismissing its appeal in a protracted ownership dispute over a 72-acre parcel of land occupied by Makuyu... Read More


Vodacom gains Sh181bn from taking control of Safaricom

Nairobi, Nov. 11 -- Vodacom Group Limited has booked a gain of Sh181.8 billion from taking control of Safaricom, highlighting the benefits to the South African multinational, which raised its ownershi... Read More


Court orders Suntra to restore lost Safaricom IPO shares

Nairobi, Nov. 11 -- The High Court has upheld a Capital Markets Authority (CMA) order directing stockbroker Suntra Investments to restore 212,500 Safaricom shares wrongly allocated to two individuals ... Read More