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Journalist at The Standard (Kenya)

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Articles

Facebook's Ethiopia Sh250b hate speech case puts Big Tech under test

1 week ago | standardmedia.co.ke | Frankline Sunday

This illustration photograph taken on October 5, 2020 in Toulouse, southwestern France, shows logos of US social networks Facebook and Instagram on the screens of a tablet and a mobile phone. (Photo by Lionel BONAVENTURE / AFP)In April, the High Court in Nairobi ruled that Meta, the parent company of social media giants Facebook, Instagram and WhatsApp had a case to answer over its failure to regulate hateful, insightful and dangerous content on its platform at the height of Ethiopia’s civil war.
Report: Counties new avenues for 'wash wash'

2 weeks ago | standardmedia.co.ke | Frankline Sunday

Ethics and Anti-Corruption Commission is probing 25 counties for various corruption cases involving Sh13.3 billion in public funds. [File, Standard]County governments are emerging as the new avenues for money laundering and illicit financial flows, with taxpayers losing billions of shillings each year to the growing menace.
Jubilee Life Insurance posts Sh2.1b net profit

2 weeks ago | standardmedia.co.ke | Frankline Sunday

Insurance service provider Jubilee Life Insurance has reported Sh2.1 billion in profit after tax for the year ended December 2024 on the back of high investment income from government securities and equity investments. The firm’s net investment income hit Sh17 billion over the same period of time, up from Sh9.1 billion reported in 2023, with management upbeat over the insurer’s investment approach for delivering competitive returns.
Jubilee Life Insurance posts Sh2.1b net profit

2 weeks ago | standardmedia.co.ke | Frankline Sunday

Insurance service provider Jubilee Life Insurance has reported Sh2.1 billion in profit after tax for the year ended December 2024 on the back of high investment income from government securities and equity investments. The firm’s net investment income hit Sh17 billion over the same period of time, up from Sh9.1 billion reported in 2023, with management upbeat over the insurer’s investment approach for delivering competitive returns.
State gives companies one-month ultimatum to reveal their owners

4 weeks ago | standardmedia.co.ke | Frankline Sunday

Business owners who have not registered their firms or provided their list of shareholders could be deregistered by May 15 this year. This comes following a notice by the Business Registration Services (BRS), giving companies and their shareholders one month to comply. “On October 17, 2024, the Registrar of Companies issued Directive No 1 of 2024 under Section 93A of the Companies Act,” stated the BRS in its notice.
Sh1.4b GOtv stake haunts Isaboke

1 month ago | standardmedia.co.ke | Frankline Sunday

Stephen Isaboke’s nomination as principal secretary in the State Department for Broadcasting and Telecommunications hangs in the balance after a parliamentary committee raised concerns over a conflict of interest owing to his shareholding in GOtv Kenya. The Public Investments Committee on Social Services, Administration, and Agriculture says in a memorandum to Parliament that Isaboke’s appointment could raise a conflict of interest, recommending that he serve in another state department.
Banks' lending dips by 240b as Kenyans shun costly loans

1 month ago | standardmedia.co.ke | Frankline Sunday

Commercial banks reported a significant drop in lending last year as more Kenyans shied away from costly loans amid an economic downturn that limited their ability to borrow. This comes despite the Central Bank of Kenya (CBK) reducing the base lending rate from 13 per cent in June last year to the current 10.75 per cent in anticipation that banks will pass on the benefits to their customers.
Kenyans face hardship as financial year ends, budget fails to address key issues

1 month ago | standardmedia.co.ke | Macharia Kamau |Frankline Sunday

Kenyans continue to face the same challenges they were dealing with at this time last year, even as the budget-making process nears completion, with the National Treasury now under fire for appearing out of touch with their struggles.
Falling prices: Mbadi's math doesn't add up

2 months ago | standardmedia.co.ke | Macharia Kamau |Frankline Sunday

In recent weeks, the National Treasury has been on a public relations overdrive to convince Kenyans that they are better off now than they were a year ago or at least since the Kenya Kwanza administration took over. Last week, Treasury Cabinet Secretary John Mbadi issued a lengthy statement, showing how the cost of living has dramatically reduced over the past year.
Falling prices: Mbadi's math doesn't add up

2 months ago | standardmedia.co.ke | Macharia Kamau |Frankline Sunday

In recent weeks, the National Treasury has been on a public relations overdrive to convince Kenyans that they are better off now than they were a year ago or at least since the Kenya Kwanza administration took over. Last week, Treasury Cabinet Secretary John Mbadi issued a lengthy statement, showing how the cost of living has dramatically reduced over the past year.