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 ...
Kenya
Kenya: Court stops tenfold rise in NSSF deductions to Sh2,000
The High Court has stopped the bid to increase monthly contributions to the National Social Security Fund (NSFF) ten-fold up to Sh2,068 after ...
Kenya
Kenya: CBK directs all unregulated Digital Lenders to Cease Operations
The Central Bank of Kenya (CBK) announces that the transition period for all operating unregulated Digital Credit Providers (DCPs) to apply to CBK ...
Kenya
Kenya: After Tanzania, Uber and Bolt to face regulatory hurdles in Kenya
Earlier in April 2022, when Tanzania’s Land Transport Regulatory Authority (LATRA) introduced a mandatory 15% for all ride-hailing companies in the country, Uber ...
Kenya
Kenya: Equity Group Ranked as the Most Attractive Bank in Kenya
Equity Group Holdings has been ranked as the most attractive bank in Kenya in the Cytonn H1’2022 banking sector report, backed by a ...
Kenya
Kenya: Equity closes deal to acquire teachers-owned Spire Bank
Equity Bank has concluded negotiations to buy Spire Bank, setting the stage for the signing of a deal that is expected to get ...
Kenya
Kenya: Jeremy Awori Leaves Absa Bank After Nearly 10 Years
Jeremy Awori, Absa Kenya’s long-serving CEO, is leaving the bank. On September 8, 2022, the Board of Absa Bank Kenya PLC announced that ...
Kenya
Kenya: Three sectors account for 54pc of Kenyan banks’ bad loans
Three sectors — trade, real estate and manufacturing — account for more than half (54 percent) of the Sh514 billion bad loans held ...
Kenya
Kenya: What regulated mobile digital lending market will look like
Players in the digital loans industry now have two weeks left to apply for licences as consumers move into a new era where ...