Kenya
Kenya: Safaricom oppose CA’s new interconnection rates
Safaricom is appealing the decision by the Communications Authority of Kenya (CA) to cut the mobile termination rate (MTR) by 88 per cent, ...
Kenya
Kenya: IFC signs deal to insure Bank of Africa SME loans
The International Finance Corporation (IFC) has signed a deal to provide Bank of Africa Kenya with cover against losses on loans to SMEs ...
Kenya
Kenya: Court stops CBK order on Imperial Bank liquidation
The High Court has temporarily stopped the liquidation of collapsed Imperial Bank after billionaire businessman Ashok Doshi and his wife Amit sued over ...
Kenya
Kenya: Banks report CBK to IMF over lending rates freeze
Multiple bank executives have protested to the International Monetary Fund (IMF) over the Central Bank of Kenya’s (CBK) reluctance to approve lenders’ applications ...
Kenya
Kenya: Law to Regulate Digital Lenders Takes Effect
The Central Bank of Kenya (Amendment) Act 2021, that will allow the CBK to license and supervise digital lenders has come into effect ...
Intelligence
Kenya: Communications Authority Slashes Calling Rates Effective January 1
The Communications Authority of Kenya (CA) has cut the rate mobile phone operators charge each other for interconnecting customers by Sh0.87 or 87.7 ...
Kenya
Kenya: Communications Authority throws 60 FM radio stations off air
The Communications Authority of Kenya (CA) has announced the revocation of FM broadcasting frequencies and cancellation of licence offers for 60 radio stations ...
Kenya
Kenyan startup Tanda expands fintech services through new Twiga Foods deal
Kenyan fintech startup Tanda has partnered with Twiga Foods in a new collaboration that will enable Twiga agents become a one-stop-shop for a variety of digital ...
Kenya
Kenya receives second tranche of Sh29.2 billion loan from IMF
Kenya has received $258 million (Sh29.2 billion) from the International Monetary Fund (IMF) that is likely to give critical support to the free-falling ...
Kenya
Kenya: Wakanda Acquires Choice Microfinance Bank – CBK
The Central Bank of Kenya (CBK) has announced the acquisition of 85 percent shareholding of Choice Microfinance Bank Limited (Choice MFB) by Wakanda ...
