Kenya
Kenya to Host 2026 Global Data Festival, President Ruto Announces
Kenya has been selected to host the 2026 Global Data Festival, a landmark event aimed at driving global advancements in data, technology, and ...
Kenya
Kenya: Safaricom Expands Payment Options with Visa Payment Facilitator Certification
Safaricom has received a Payment Facilitator Certificate from Visa, further strengthening its partnership and expanding its payment acceptance models. This collaboration follows the ...
Kenya
Kenya’s Inflation Rate Edges Up to 4.4% in August
Kenya’s inflation rate increased slightly to 4.4% year-on-year in August, up from 4.3% in July, according to data released by the Kenya National ...
Kenya
Kenya: Safaricom Addresses Concerns Over Starlink Payment Cancellation Rumors
Safaricom recently clarified rumors regarding the cancellation of payments for Starlink services, addressing speculation that had circulated online. The telco had previously suggested ...
Kenya
Kenya Cuts Interest Rate to 12.75% Amid Eased Inflation
The Central Bank of Kenya (CBK) has announced a reduction in the benchmark interest rate to 12.75%, following a deceleration in inflation rates. ...
Kenya
Kenya: Fitch Downgrades Kenya to ‘B-‘ with Stable Outlook
Fitch Ratings has downgraded Kenya’s Long-Term Foreign-Currency Issuer Default Rating (IDR) from ‘B’ to ‘B-‘, maintaining a stable outlook. This decision reflects growing ...
Kenya
Kenyan Court Nullifies 2023 Finance Bill, Exempting Crypto Exchanges from Digital Asset Tax
Crypto exchanges operating in Kenya have been relieved from paying the Digital Asset Tax (DAT) introduced under the 2023 Finance Act. The 3% ...
Kenya
Kenya’s Inflation Rate Declines to 4.3% in July
Kenya’s inflation rate decreased to 4.3% year-on-year in July, down from 4.6% in June, according to data released by the national statistics office ...
Kenya
Kenya’s Banking Sector Leverages AI to Combat Internal Fraud and Theft
Kenya’s banking sector is increasingly turning to artificial intelligence (AI) to tackle internal fraud and theft, underscoring the growing role of technology in ...
Kenya
Kenyan High Court Halts National Digital ID for Third Time in Four Years
Kenya’s high court has once again paused the rollout of the country’s digital identity program, pending the outcome of a constitutional challenge. This ...