Kenya
MasterCard Awards Two Kenyan Women
MasterCard Women SME Leaders Awards 2022 has named two Kenyans for their achievements. Carole Kinoti, a social fashion entrepreneur, was named The Retailer, alongside ...
Kenya
Kenya: Unregistered SIM Card Users Face Switch-Off By April 15 – Chiloba
The Communications Authority (CA) of Kenya has warned that mobile phone subscribers who fail to register their details with their respective telecommunication service ...
Kenya
Kenya: CBK sees current account deficit rising to 5.9 percent
The Central Bank of Kenya (CBK) has revised its projection of this year’s current account deficit to 5.9 percent of GDP from 5.2 ...
Kenya
Kenya: Lipa na M-Pesa to take payments from Airtel
Airtel subscribers will this week start paying for goods and services through Safaricom’s Lipa na M-Pesa, enabling a seamless transfer of money through ...
Kenya
Kenya: Kenyan social commerce startup Tushop raises $3m to scale community group-buying
Kenyan social commerce startup Tushop, which enables communities in Nairobi to buy groceries more cheaply with free delivery, has secured US$3 million in ...
Kenya
Kenya Central Bank Governor: Low Smartphone Penetration Working Against Plan to Launch CBDC
According to Patrick Njoroge, the governor of the Kenyan central bank, the significant number of non-smartphones that are in use in Kenya means ...
Kenya
Kenya: Top banks urge CBK to reinstate M-Pesa fees
Kenya’s top banks have renewed push for the regulator to reinstate charges on transfers of money between bank accounts and mobile money wallets, ...
Kenya
Kenya: Depositors From Three Banks Under Liquidation to Benefit From Payments From KDIC
The Kenya Deposit Insurance Corporation(KDIC)’ has announced payments to depositors and creditors in collapsed Dubai Bank, Euro Bank, and Kenya Finance Bank as ...
Innovation
OpenWay Scales Up Its Partner Network in East Africa
OpenWay, a top-ranked digital banking and payment software provider, has announced two new implementation partners in East Africa — TechNote Limited, along with ...
Kenya
Kenya: 16 accounts hit banks with Sh40bn defaults
Defaulted loans in the banking sector jumped Sh40 billion in the two months to February on the back of 16 accounts that masked ...