Kenya
Kenya: Cash-Crisis at First Community Bank as Customers Unable to Withdraw Funds
Shariah-compliant First Community Bank customers are unable to withdraw their monies as the bank limits heavy drawings occasioned by panicking customers. A spot-check ...
Innovation
Kenya’s Most Innovative Insurance Mobile App for 2022 Revealed
Kenya’s AAR Insurance has been named “Most Innovative Insurance Mobile App Kenya 2022” & “Best New Fully Digital Insurance Company Kenya 2022” by ...
Kenya
Kenya: Helios Exits Telkom Kenya After Offloading 60% Stake
British Investment firm, Helios Investment Partners, has offloaded its 60 per cent stake in Telkom Kenya, making the company a fully owned state ...
Kenya
Kenya Ranks 78th in the World on Digital Quality of Life
Kenya has ranked 78th in the world and 5th in Africa regarding digital well-being, according to the fourth annual edition of the Digital ...
Kenya
Kenya: Ecobank Kenya Unveils Program to Support Women Entrepreneurs
Ecobank Kenya has launched a flagship program that aims to empower and support women-led businesses. Dubbed ‘Ellevate’, the program is designed for businesses ...
Kenya
Kenya: Absa Bank Kenya Partners with Huawei to Accelerate Digital Transformation
Absa Bank Kenya has announced a new partnership with Huawei on a SD-WAN Solution to build a new digital foundation for branch networks. ...
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 ...