Kenya
Kenya: CBK suspends Ecobank for breaches in forex market
The Central Bank of Kenya(CBK) yesterday suspended Pan African lender, Ecobank from foreign exchange trading—the second such action against a commercial bank in ...
Kenya
Kenya: Central Bank of Kenya Retains Base Lending Rate at 7%
The Central Bank of Kenya has retained the base lending rate at seven percent for the 13th time in a row noting that ...
Kenya
Kenya: Safaricom Customers to Enjoy Up to 100% More Data at No Extra Cost
Safaricom has announced a revamp of its data plans with both prepay and postpay customers set to enjoy up to 100pc more data ...
Kenya
Kenya: Telkom Lands Sixth Submarine Cable in Kenya
Telkom and the PEACE Cable Company have successfully landed the sixth submarine cable in Mombasa worth Sh48.8billion. Named the PEACE Cable, it is ...
Kenya
Kenya: Safaricom Reigns Supreme in Telco Industry, CA Data Shows
Safaricom has continued to dominate the telco industry with continued growth of subscriptions in the second quarter of 2021/22 as its competitors recorded ...
Kenya
Report: Kenya Central Bank Governor Reiterates His Opposition to Cryptocurrencies
The Kenyan central bank governor has once again told Kenyans to be wary of the risks that are associated with cryptocurrency transactions and ...
Kenya
Kenya: Kenya’s President Uhuru Kenyatta Launches Microsoft Africa Development Centre
President Uhuru Kenyatta on Thursday evening unveiled the 27 million dollars Microsoft Africa Development Centre, expressing optimism that the facility will bolster the ...
Kenya
Kenya: LakeHub Partners with the UN to Equip Kenyan Girls with Digital Skills
LakeHub, the Kenyan tech innovation hub, has partnered with United Nations Development Programme (UNDP) to teach 300 girls in Kenya digital literacy and ...
Kenya
Kenya: Low smartphone penetration hits CBK’s digital shilling plan
The Central Bank of Kenya (CBK) has warned that lack of access to smartphones by more than half of mobile users in the ...
Kenya
Kenya: Central Bank sets new rules for digital lenders
The Apex Bank in Kenya hopes to enforce financial discipline, stability and transparency with this new regulations The Central Bank of Kenya has reaffirmed its ...
