Kenya
Kenya: Standard Chartered-Backed Solv Launches Its B2B Marketplace in Kenya
B2B marketplace Solv has launched in Kenya to enable micro, small and medium enterprises (MSMEs) to access credit, e-commerce and business services. Solv ...
Kenya
Kenya: Safaricom’s M-Pesa Social Value Impact Hit Sh275 Billion on Customers, Transactions Rise
Safaricom’s M-Pesa social value has increased by 14 per cent to Sh275 billion in financial year (fy) 2022, helping millions of Kenyans access ...
Kenya
Kenya: Safaricom fires 24 employees for M-Pesa fraud
Safaricom fired 24 employees in the year ended March 2022 for fraud-related offences, down from 28 a year before. The telco’s latest sustainability ...
Kenya
Kenya: 264,000 mobile phones switched off over SIM registration, says Chiloba
The Communications Authority of Kenya (CA) has instructed mobile network operators to deny service to millions of phone subscribers who have not registered ...
Kenya
Kenya: Safaricom executives get Sh390 million free shares
Senior Safaricom managers were awarded 15.28 million shares with a current market value of Sh390 million for free in the year ended March ...
Kenya
Kenya: Posta Kenya to offer mobile money transfer services in new deal
The Postal Corporation of Kenya will now be able to offer mobile money transfer services in a new deal. The deal signed with ...
Kenya
Kenya: CBK Announces Airtel Money Split From Parent Company
The Central Bank of Kenya (CBK) has announced the successful separation of the mobile money business from the telecommunications business which were previously ...
Kenya
Kenya: M-Shwari Set to Be Run as Different Company from Safaricom, NCBA
M-Shwari, which is owned by lender NCBA and telco Safaricom is set to become a standalone company in the coming days. This development ...
Kenya
Kenya: CBK sued for billions after forcing sale of bank at Sh1
Former owners of Fidelity Bank are seeking Sh2.5 billion from the Central Bank of Kenya (CBK) and Mauritian bank group SBM Holdings amid ...
Kenya
Kenya: Online Portal Launched to Boost Insurance Uptake
Pension fund administrator Zamara Group has unveiled an online portal that will allow customers to buy insurance policies and investment plans. Dubbed e-Zamara, ...