Kenya
Facebook Introduces VAT in Kenya
Facebook has introduced taxes in Kenya effective April 1, 2021. The social media giant said these taxes will be applicable to advertisers whose ...
Kenya
Kenya- End of Restructuring of Loans By Banks in Sight as CBK Announces New Date
Bank borrowers in the country will soon need to regularize their repayment procedures after the Central Bank of Kenya announced the expiry of ...
Kenya
Safaricom to launch 5G network in Nairobi, Western Kenya
Safaricom will launch Kenya’s first 5G network tomorrow, in Nairobi and Western Kenya. The 5G network is expected to be 20 times faster ...
Kenya
Kenya: CBK Gives Borrowers 3 Months to Regularise Bank Loan Repayments
Kenyan bank borrowers have three months (March 3 to June 3) to regularise their loan repayments following the expiry of a one-year window ...
Kenya
Telkom Kenya cleared of irregular privatisation
Telkom Kenya has been cleared of allegations of irregular privatisation, conflict of interest and restructuring of the company’s balance sheet by Ethics and ...
Kenya
Kenya’s Mobile Money Transactions Climb to KSh5.2 Trillion in 2020
According to data retrieved from the Central Bank of Kenya, the value of mobile money transactions rose to the highest level on record, ...
Kenya
Kenya’s Central Bank Gears Up For Open Banking in New 5-Year Strategy
The Central Bank of Kenya has published its 2021-2025 vision and strategy document which sets the agenda on the future of the country’s ...
Kenya
Value of agency banking in Kenya jumped up by 18.75% marking Sh900bn increase
The value of agency banking transactions jumped by 18.75 percent to Sh5.7 trillion in the year ended June 2020, new Central Bank of ...
Kenya
O-CITY Drives Contactless Bus Payment Initiative in Kenya
O-CITY is driving contactless payments across bus services in Nairobi, Kenya. The pilot initiatve, designed to reduce the use of cash in response ...
Kenya
Safaricom launches M-Pesa service for small businesses
The new service feature, ‘Pochi la Biashara’, allows business owners who do not have a Lipa na M-Pesa line to receive money from ...