Kenya
Kenya: Mobile Subscriptions in Kenya Slows in 2021
Mobile subscriptions in Kenya increased by 6.0 percent to 65.1 million in 2021, slower growth than the 12.6 percent growth registered in 2020. ...
Kenya
Kenya: Safaricom boosted by prime spectrum for 5G rollout
Safaricom has been allocated a prime internet spectrum for its fifth-generation (5G) mobile technology network, pushing it closer to rolling out commercial superfast ...
Kenya
Kenya: Family Bank Approves Sh1.1 Billion Dividend Following Impressive 2021 Results
Family bank shareholders have approved a Sh1.1 billion, Sh0.83 per share, dividend pay-out at its 15th Annual General Meeting. This follows an impressive ...
Kenya
Kenya: Cyberattacks Remain Key Risk in Digital Banking-CBK
Commercial banks have identified cyberattacks as a key risk to innovation as they continue to inch towards digitalization, a new survey shows. The ...
Kenya
Kenya: Bank profits jump 18 percent in two months on increased lending
The pre-tax profit of Kenyan banks jumped 18.8 percent in the first two months of the year on increased lending and reduced provisioning ...
Kenya
Africa’s fastest growing companies are in Kenya and Nigeria, a new FT survey shows
The two fastest-growing companies in Africa are in Kenya, according to a new ranking released by the Financial Times on Tuesday, and five of ...
Kenya
Kenya: Kenya enters phase of costly Eurobond
Yields on Kenya’s Eurobonds have risen sharply in the past few weeks, signalling the high finance cost the country faces if it were ...
Kenya
Kenya: KBA Affirms Sufficient Dollar Supply in the Market
The Kenya Bankers Association (KBA) has refuted claims that lenders have been asked by the Central Bank of Kenya(CBK)to ration dollar supply in ...
Kenya
Kenya: CBK orders banks to ration dollars
Kenya’s Apex bank has shown its commitment towards maintaining a healthy economic system in the country through this latest order Commercial banks in ...
Kenya
Kenya: Huawei unveils its business product portfolio in Kenya
Chinese tech giant Huawei, has launched a full set of business products, solutions, and service platforms in Kenya. The products include the MateBook B3, B5,and ...