Kenya
Kenya: Kenswitch and Absa Customers in Kenya to Use ATMs Interchangeably
Kenswitch and Absa have announced a partnership that will see the two financial service companies’ customers access services interchangeably. The two partners say ...
Kenya
Kenya: Equity Introduces Chat Banking On Whatsapp, Facebook and Telegram
Equity has introduced its Equity Virtual Assistant (EVA), the Bank’s chat banking platform on social media platforms including WhatsApp, Facebook Messenger, and Telegram. ...
Kenya
Kenya: Supreme court of Kenya agrees to hear Absa appeal in a tax dispute
The Supreme Court has agreed to hear a case by Absa Bank Kenya challenging a move by the Kenya Revenue Authority (KRA) to ...
Kenya
Kenyan retail-tech startup Bamba raises $3.2m seed round
Kenya’s Bamba, a mobile-first enterprise software for micro-merchants in Africa, has secured US$3.2m in seed funding to scale its app and build out ...
Kenya
Kenya: Bamba, a pan-African fintech app focused on small businesses, has just secured $3.2million in seed funding
Bamba, founded in 2022 by serial entrepreneur and investor Bastian Gotter, is a mobile application focusing on simple tools for merchants to manage ...
Kenya
Kenya: Kenya-based FlexPay Receives Undisclosed Amount of Funding From Cairo Angels
Kenyan fintech startup, FlexPay, has received an undisclosed amount of funding from early-stage startup investor, Cairo Angels Syndicate Fund (CASF). Online and offline ...
Kenya
Kenya: CAK penalises Royal Mabati Sh2.6m for defrauding customers
Summary Royal Mabati Factory has lost an appeal to overturn a Sh2.65 million penalty for misleading customers that they deliver purchased roofing products ...
Kenya
Kenya: Kenyan government seeks to control Safaricom call charges
The Kenyan government wants to control the rates that Safaricom charges rivals for terminating calls on its network to protect small telecommunications firms. ...
Kenya
Kenya: Standard Chartered Posts Sh2.7 Billion Profit in Q1 2022
Standard Chartered Bank Kenya has posted a Sh2.7billion net profit for the first quarter of 2022, a 16 per cent growth compared to ...
Kenya
Kenya: Safaricom to launch M-Pesa for kids
Safaricom is on a mission to redefine the financial culture of Kenya and hopefully the entire African continent Telecom giants and owners of ...