Kenyan commercial banks are swiftly reducing lending rates following a stern directive from the Central Bank of Kenya (CBK), which has warned of ...

The Central Bank of Kenya (CBK) has reduced its benchmark lending rate by 50 basis points, lowering it to 10.75%. In an emailed ...

Kenyan telecom giant Safaricom has unveiled the Ziidi Money Market Fund (MMF), a new investment solution designed to empower M-Pesa users with accessible ...

KCB Bank, in partnership with Mastercard, has introduced Kenya’s first multi-currency prepaid card, offering a transformative solution for cross-border financial transactions. Supporting 11 ...

In a groundbreaking move for Kenya’s financial technology sector, five major representative associations have come together to establish The FinTech Alliance (TFA), a ...

Kenya is taking significant steps toward regulating cryptocurrencies by drafting a comprehensive legislative proposal, signaling a strategic departure from previous cautionary advisories issued ...

Kenya’s Communications Authority (CA) has proposed a dramatic increase in the 15-year licensing fees for satellite Internet providers (ISPs), raising the cost from ...

In a move aimed at boosting economic growth and easing financial strain on borrowers, Kenyan commercial banks will lower their lending rates beginning ...

Kenyan fintech startup Leja has achieved a groundbreaking milestone, processing $2 billion in business-to-business (B2B) payments within just one year of launching its ...

Kenya’s government has dismissed allegations of unauthorized tracking and monitoring of citizens in partnership with mobile service providers. Speaking on the issue, a ...