Kenya
Kenya: CAK penalises Royal Mabati Sh2.6m for defrauding customers
Summary Royal Mabati Factory has lost an appeal to overturn a Sh2.65 million penalty for misleading customers that they deliver purchased roofing products ...
Kenya
Kenya: Kenyan government seeks to control Safaricom call charges
The Kenyan government wants to control the rates that Safaricom charges rivals for terminating calls on its network to protect small telecommunications firms. ...
Kenya
Kenya: Standard Chartered Posts Sh2.7 Billion Profit in Q1 2022
Standard Chartered Bank Kenya has posted a Sh2.7billion net profit for the first quarter of 2022, a 16 per cent growth compared to ...
Kenya
Kenya: Safaricom to launch M-Pesa for kids
Safaricom is on a mission to redefine the financial culture of Kenya and hopefully the entire African continent Telecom giants and owners of ...
Kenya
Kenya: CMA sets tough rules for small firms issuing bonds
The Capital Markets Authority (CMA) has set tough conditions for small businesses seeking to raise below a quarter a billion shillings in Kenya’s ...
Kenya
Kenya: Kenyans are protesting plans by tax authority to snoop on their online chats
There is outrage across Kenya after the country’s tax authority announced on May 11 that it plans to start mining data from digital devices in ...
Kenya
Kenya: Central bank raises Sh31 billion as May bond auctions fall below target
The National Treasury has raised Sh31.73 billion from the sale of two May bonds, falling below the target of Sh60 billion. The papers ...
Innovation
Kenya: Liquid brings additional subsea cable capacity in Kenya in partnership with PEACE Cable Company
The additional capacity will help increase the proliferation of faster and more affordable internet, Cloud and cyber security services to the African people ...
Kenya
Kenya’s mobile money transactions surge by 63% in 2021 — report
Next revolution after mobile money, cryptocurrency, and Kenya is among leading African countries in uptake According to data provided by the Kenya National ...
Kenya
Kenya: Cellulant Kenya, Bank Launch Payments Gateway to Accelerate Cashless Payments
The volume of global cashless transactions is set to grow by more than 80% between 2020 and 2025 according to the Payments 2025 ...