Bolt records 46pc drop in offline trips after safety crackdown

Bolt records 46pc drop in offline trips after safety crackdown

NAIROBI, Kenya, Apr 9, 2025 – Ride-hailing platform Bolt Kenya has reported a 46 percent decrease in offline (off-app) trips over the past six months, following the rollout of enhanced safety measures targeting non-compliant ride practices. The company attributes the sharp decline to a stricter enforcement regime, which includes proactive identification of off-app transactions, real-time…

Worker faces discipline after giving water to cheetahs in viral video

Worker faces discipline after giving water to cheetahs in viral video

A worker at India’s Kuno National Park has faced disciplinary action after a viral video showed him offering water to a cheetah and her cubs. The footage, which circulated online over the weekend, shows the man pouring water into a metal pan after being encouraged by unseen individuals. Moments later, a cheetah named Jwala and…

Kenya Proposes Its First Crypto Bill

Kenya Proposes Its First Crypto Bill

Kenya has introduced its first regulatory framework aimed at overseeing cryptocurrencies and other digital asset services Kenya has introduced its first regulatory framework aimed at overseeing cryptocurrencies and other digital asset services. This marks a significant policy shift in one of Africa’s most vibrant crypto markets. The proposed Virtual Asset Service Providers Bill 2025 outlines…

CBK cuts rate to 10pc to spur credit growth, support economy

CBK cuts rate to 10pc to spur credit growth, support economy

NAIROBI, Kenya, Apr 8 – The Central Bank of Kenya (CBK) has lowered its benchmark lending rate by 75 basis points to 10.00 percent, citing easing inflation, a stable exchange rate, and the need to stimulate private sector lending amid subdued credit growth. The decision was reached during the Monetary Policy Committee (MPC) meeting held…

Uganda: Museveni Hails Film Showcasing Uganda’s Beauty

Uganda: Museveni Hails Film Showcasing Uganda’s Beauty

President Museveni has presided over the screening of “Hidden Uganda”, a documentary by an American journalist, Mr. Peter Greenberg. The documentary film showcases the beauty and hidden gems of Uganda. Speaking during the event at Speke Resort Munyonyo, President Museveni who was accompanied by the First Lady and Minister of Education and Sports, Janet Museveni,…