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India Forces State App on All Phones, Igniting Privacy Fears in Kenya

New Delhi’s order for a permanent, non-deletable government app on all new smartphones sets a chilling global precedent, raising urgent questions about digital privacy and state surveillance for Kenyans.

4 hours ago•Technology•

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Technology

E-Mobility Pioneer Roam Recognized as Kenya's Fastest-Growing Company in May 2025

E-mobility manufacturer Roam was named Kenya's fastest-growing company on May 15, 2025, a recognition that highlights the significant growth and potential of the sustainable transport sector in the country. This accolade often precedes increased investor interest and signals a broader shift towards green technology.

SOStreamline Official

May 15, 2025

Technology

Safaricom and iXAfrica Partner to Build East Africa's First AI-Ready Data Center in Kenya

Safaricom and iXAfrica Data Centres (an iColo company) announced a partnership on May 15, 2025, to build East Africa’s first AI-ready data center in Kenya. This major investment will provide critical infrastructure to support AI model training and deployment, fostering the region's burgeoning AI ecosystem.

SOStreamline Official

May 15, 2025

Technology

Cross Switch Enters Kenyan Fintech Scene with Pesawise to Boost SME Payments

Fintech startup Cross Switch officially launched in Kenya on May 15, partnering with local payments firm Pesawise to offer a unified payment platform. This solution enables businesses to accept cards (Visa, Mastercard, Amex), bank transfers, and mobile money, aiming to significantly boost financial inclusion for SMEs, charities, and NGOs by simplifying online payment collection and reducing transaction costs.

SOStreamline Official

May 15, 2025

Business

Nairobi Stocks See Gains as Safaricom Rallies on Strong Outlook and Fiscal Policy

The Nairobi Securities Exchange (NSE) experienced notable gains in mid-May, significantly propelled by a rally in Safaricom shares. This positive market movement reflects robust investor confidence stemming from strong corporate earnings outlooks and the government's reassuring conservative fiscal policy, which avoids new taxes.

SOStreamline Official

May 15, 2025

Business

Kenya Targets Reduced Fiscal Deficit of 4.5% GDP for 2025/26

The Kenyan government has announced plans to reduce the fiscal deficit to 4.5% of GDP in the 2025/26 fiscal year. This move towards fiscal consolidation is coupled with a pledge to avoid introducing new taxes, focusing instead on closing loopholes and improving tax compliance, following last year's public protests.

SOStreamline Official

May 15, 2025

Business

Kenyan Finance Authorities Launch Tax Outreach Amid Public Sensitivity

Acknowledging public sensitivity after deadly 2024 protests over tax hikes, Kenyan finance authorities have launched comprehensive outreach campaigns. These initiatives aim to clearly explain new revenue measures and prevent public unrest by fostering understanding and managing expectations regarding the nation's fiscal policies.

SOStreamline Official

May 15, 2025

Business

Further CBK Policy Rate Cut Possible in 2025 if Inflation and Shilling Remain Stable

After the Central Bank of Kenya's policy rate cut to 10.0% in April, financial markets anticipate another potential 50 basis points reduction later in 2025. This further monetary easing is expected if domestic inflation stays low and the Kenyan shilling holds firm, supporting continued economic stimulation.

SOStreamline Official

May 15, 2025

Business

Kenya Cabinet Approves Revised 2025 Finance Bill, Lowers Deficit Target to 4.5% GDP

Kenya's Cabinet has approved a revised FY2025/26 Finance Bill, dropping numerous proposed tax hikes and reducing the fiscal deficit target to 4.5% of GDP from 5.1%. The bill prioritizes closing loopholes and broadening the tax base over new levies, aiming to stabilize debt with an expected IMF deal.

SOStreamline Official

May 15, 2025

Health

Nakuru County secures ARV and TB drug stocks

Nakuru County Deputy Governor David Kones confirmed on May 15 an adequate supply of ARV and TB medicines, launching a KSh12 million drug consignment from MEDS. Patients were urged against hoarding, as clinics are well-stocked and logistics strengthened.

SOStreamline Official

May 15, 2025

Business

African Currency Watch: Kenyan and Nigerian Shillings Face Potential Dip, Ugandan and Zambian Currencies to Hold Steady, Ghana's Cedi May Rise

Market analysts predict a potential weakening of the Kenyan and Nigerian currencies against the US dollar in the upcoming week, primarily due to increased importer demand.

SOStreamline Official

May 15, 2025

Technology

Meta Postpones Launch of Largest Llama 4 AI Model "Behemoth" Due to Performance Issues

Meta has announced that the release of its largest Llama 4 AI model, codenamed "Behemoth," will be delayed due to performance falling short of expectations in internal tests. The company will instead focus on releasing smaller Llama 4 variants this year.

SDShiftpulse Digital

May 15, 2025

Technology

DeepMind Unveils AlphaEvolve: A General-Purpose AI for Tackling Complex Scientific Challenges

DeepMind has revealed AlphaEvolve, an experimental AI that leverages large language model techniques for scientific discovery. In initial tests, it successfully optimized AI chip designs and solved previously unsolved mathematical problems, marking a new frontier in AI research.

SDShiftpulse Digital

May 14, 2025