Tag: #kenya6 results
Microsoft's major data center project in East Africa is delayed due to disputes with the Kenyan government. The company requested guaranteed payments, leading to stalled progress, according to sources familiar with the matter. This affects Microsoft's cloud infrastructure expansion in the region.
Digital lenders in Kenya have become the primary source of consumer grievances in the financial sector. Despite regulatory reforms, these platforms account for nearly two-thirds of all reported complaints.
Kenya's broadband market continues to be dominated by established operators like Safaricom. Despite the high-profile entry of Starlink, infrastructure-heavy incumbents remain the preferred choice for most users.
The Kenyan government has proposed a 15% capital gains tax on foreign exits, impacting international investment landscapes. The news also covers corporate developments involving Prosus, Delivery Hero, MTN, and IHS.
The Kenyan government's Finance Bill 2026 introduces a 15% tax on gains from non-resident investors selling shares abroad. This applies specifically to shares that derive their value from underlying Kenyan assets or operations.
Kenya’s Court of Appeal struck down “false information” offences in the Cybercrimes Act. The court ruled these provisions unconstitutional. This protects online expression from criminal penalties.