Kenya
Kenya’s Telecom Regulator to Increase Satellite ISP Licensing Fees by Over 800%
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 ...
Kenya
Kenyan Banks to Lower Lending Rates in Line with CBK Directive
In a move aimed at boosting economic growth and easing financial strain on borrowers, Kenyan commercial banks will lower their lending rates beginning ...
Kenya
Kenyan Fintech Leader Leja Processes $2 Billion in Transactions in 2024
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
Kenya Refutes Claims of Unauthorized Citizen Tracking and Surveillance
Kenya’s government has dismissed allegations of unauthorized tracking and monitoring of citizens in partnership with mobile service providers. Speaking on the issue, a ...
Kenya
Kenya Cuts Benchmark Interest Rate to 12% to Boost Private Sector Credit
The Central Bank of Kenya (CBK) has reduced its benchmark interest rate by 75 basis points to 12% in its October 8, 2024, ...
Kenya
Kenya: Tappi Partners with Safaricom M-PESA to Digitize 650,000 Kenyan SMEs
Kenyan digital commerce startup Tappi has partnered with Safaricom’s M-PESA to deliver innovative digital tools to over 650,000 small and medium-sized enterprises (SMEs) ...
Kenya
Kenya Revenue Authority Set to Launch WhatsApp Chatbot for Tax Invoicing
The Kenya Revenue Authority (KRA) is set to unveil a WhatsApp chatbot designed to help small business owners generate electronic tax invoices directly ...
Kenya
Kenya: Bank of Kenya Migrates National Payment System to ISO20022
In a significant step towards modernizing Kenya’s financial infrastructure, the Central Bank of Kenya (CBK) has successfully migrated the national payment system to ...
Kenya
Kenya: Safaricom Partners with Cloudflare and Copycat to Offer Affordable Cybersecurity Solutions to Kenyan Businesses
Safaricom has teamed up with Cloudflare and Copycat to provide affordable, enterprise-grade cybersecurity solutions to businesses across Kenya, underscoring its commitment to safeguarding ...
Kenya
Kenya Communications Authority Mandates Approval for ICT Equipment Dealers
The Communications Authority of Kenya (CA) has directed ICT equipment dealers to obtain type approval for their products, warning that failure to comply ...
