Kenya
Kenya: Kenya Hikes Interest Rate to 8.25%
The central bank of Kenya raised its benchmark interest rate by 75 basis points to 8.25% at its September 2022 meeting, surprising markets ...
Kenya
Kenya: CMA, KDC Partner to Advance Access of Financial Services to SMEs
The Capital Market Authority (CMA) and Kenya Development Corporation (KDC) have signed a Memorandum of Understanding (MoU) that aims to ease the accessibility ...
Kenya
Kenya: Safaricom announces 50 per cent reduction in Fuliza interest charges
Borrowers of Fuliza will, from October 1, 2022, be freed of daily maintenance charges for transactions below Sh1,000 in the first three days ...
Kenya
Kenya: Kenyan Central Bank Says It’s ‘Craziness’ to Convert Country’s Reserves to Bitcoin
CBK Governor Says Converting Kenya’s Reserves to Bitcoin Deserves a Jail Term The Central Bank of Kenya (CBK) governor, Patrick Njoroge, has described ...
Kenya
Kenya: Standard Chartered Bank Unveils Programme to Boost Tech Skills for Women
The Standard Chartered Bank and Strathmore University have launched a programme for women in cyber to address the skill and gender gap in ...
Kenya
Kenya: Telkom Loses 721,348 Subscribers in Ongoing SIM Registration Exercise
Telkom Kenya lost 721,348 subscribers in the quarter ended June 2022 as the ongoing sim card registration by the industry regulator saw the ...
Kenya
Kenya: Most Consumers to Continue Shopping Online Post-Pandemic
A new survey on consumer perceptions and behaviours towards brands conducted by the Madrid-based global communications agency, MARCO, revealed many people in Sub-Saharan ...
Kenya
Kenya: Rate hikes in dollar market worry CBK
Difficulties in accessing the dollar debt market is hurting emerging markets like Kenya and could create ‘a potential accident’, the Central Bank of ...
Kenya
Kenya: Mara Launches Free Online Academy to Advance Digital Financial Literacy
Pan-African digital finance ecosystem, Mara has launched a free educational online platform that will steer blockchain and digital finance literacy. The platform also ...
Kenya
Kenya: Kenyan firms hit as Microsoft, Google talent war raises pay
Local companies are struggling to recruit and retain key talent as US tech titans led by Microsoft, Amazon and Google tilt the market ...