Kenya
Kenyan legislation establishes crypto taxation, creates consumer protections
The country’s first effort at crypto regulation amends its Capital Markets Law to define crypto as a security and establish reporting, tax and ...
Kenya
Kenya: JPMorgan officially registers a cryptocurrency wallet trademark
American banking giant JPMorgan (NYSE: JPM) continues to advance in the cryptocurrency sector, with the lender showing its intent to explore different products ...
Kenya
Kenya: Safaricom to Introduce Bonga Points Expiry from 2023
Safaricom has announced that Bonga Points will now be expiring, starting from January 1st, 2023. The loyalty program has been around for more ...
Kenya
Kenya: Bill sets up KRA tax dragnet for 4m cryptocurrency users
The Kenya Revenue Authority (KRA) will go after the more than four million Kenyans who own cryptocurrencies if MPs approve changes to the ...
Kenya
Kenya: Equity picks Uganda unit MD as Group operations chief
Equity Group has appointed Uganda subsidiary managing director Samuel Kirubi as the Group’s chief operations officer to help scale up the lender’s processes ...
Kenya
Kenya: Consolidated Bank taps ex-KCB director as CEO
Consolidated Bank of Kenya has picked former KCB Bank Kenya director for mortgage business Sam Muturi as the new chief executive effective Friday ...
Kenya
Kenya: Paystack receives Payment Service Provider Authorisation from the Central Bank of Kenya
We’re thrilled to announce that Paystack has received a Payment Service Provider Authorisation from the Central Bank of Kenya, which permits us to ...
Kenya
Kenya: Honour Your Payment Obligations, Central Bank Urges Loan Borrowers
The Central Bank of Kenya CBK has urged the public to honor their payment obligations on their credit facilities when they fall due. ...
Innovation
Kenya: Cellulant and Solv Kenya Partner in Payments Deal to Serve Tens of Thousands of Micro, Small Medium Enterprises (MSME)
This partnership will enable MSMEs using the Solv Kenya platform to reconcile, receive, and view all their payments on the go under one ...
Kenya
Kenya: Banks to give 4.2m mobile borrowers 50pc discount on unpaid loans
The Central Bank of Kenya (CBK) has said banks will give 4.2 million mobile borrowers at least 50 percent discount on defaulted loans ...