Kenya
Equity hedges Sh2bn in Kenyan Bank acquisition (DRC Bank)
Equity Group will pay the final Sh2.1 billion for its acquisition of a majority stake in DRC’s Banque Commerciale Du Congo after two ...
Kenya
Central Bank of Kenya Extends its COVID-19 Emergency Mobile Money Measures
The Central Bank of Kenya announced that it will extend the measures placed on mobile money transactions put forth back in March. Charges for mobile ...
News
Standard Chartered Bank Kenya to close T-Mall branch in digital push
Standard Chartered Bank Kenya will shut down its T-Mall branch along Lang’ata Road in Nairobi in September as it continues to push customers to ...
Kenya
Kenya plans to enforce taxes on Google, Netflix, digital services
Kenya is now putting the final touches to plans to collect taxes on digital platforms like Google and Netflix. The proposed income tax ...
Kenya
Liquid Telecom, Twiga Foods in IoT deal to transform agriculture in Kenya
Liquid Telecom has partnered with Twiga Foods in a bid to increase agricultural productivity through precision farming. Liquid Telecom has deployed a complete precision ...
Kenya
Central Bank of Kenya Postpones Afro-Asia Fintech Festival
The Central Bank of Kenya has announced that it will postpone the Afro-Asia fintech festival, citing health concerns. The event scheduled for 13-14 ...
Kenya
CBK Study Says Majority Of Kenyan SMEs Face Collapse This Month
Without new funding from banks or equity partners, about 75 percent of small and medium-sized enterprises (SMEs) in Kenya are at risk of ...
Kenya
Kenya Seeks to Introduce Cashless Payments in public transport
Kenyan’s National Transport and Safety Authority (NTSA) plans to introduce a cashless payment system in public transport. The authority recently called for bids ...
Kenya
Only 10% of Transactions in Kenya go through digital Channels – Agnes Gathaiya
The CEO of PesaLink Kenya, Agnes Gathaiya had stated that only 10% of the total value traded every day goes through digital channels. She ...
Kenya
Blockchain-based P2P remittances startup launched in Kenya
Kenyan startup BitLipa has launched a peer-to-peer (P2P), borderless remittances network that allows wallet-holders to send money anywhere in the world. Formed at ...
