Kenya
Kenya: Kenya’s Central bank opens public discussion on CBDC
The Central bank of Kenya (CBK), has published a discussion paper on its Central Bank Digital Currency (CBDC), while seeking public comments on the potential ...
Kenya
Kenya: CBK to Introduce Another Currency in Kenya
The Central Bank of Kenya (CBK),has released a well-thought-out discussion paper detailing why it is important to officially launch digital currencies in Kenya. In the ...
Kenya
Kenya: Lending rate stuck at 12pc as banks await CBK’s nod
Average bank lending rates remained flat last year despite demand for credit going up as the economy rebounded, with banks unable to get ...
Kenya
Kenya: Equity Group Ranked the Fifth Strongest Banking Brand in the World
Equity Group has been named the fifth strongest banking brand in the world, according to the Brand Finance Banking 500 2022 annual report. ...
Kenya
Kenya: Moody’s Predicts Possibility of More Small Bank Mergers in Kenya
US-based global integrated risk assessment firm, Moody’s has predicted the possibility of more merges of small Kenyan banks which it says faces continued ...
Kenya
Kenya: CA Welcomes Classification of Telecommunications Infrastructure
The Communications Authority of Kenya (CA) welcomes the announcement by the Cabinet Secretary for Interior and Coordination of National Government Fred Matiang’i on ...
Kenya
Kenya: Cell Tower Company Announces Key Investment
SealTowers Limited, a licensed Kenyan Cell Tower Company, and Everstrong Capital havetoday announced the signing of an agreement that will see Everstrong making ...
Kenya
Kenya: Afya Rekod, Kenyan startup closes its seed round at $2 million to scale across Africa
Afya Rekod is a health data platform that focuses on the patient and allows both patients and health facilities to capture, store and ...
Kenya
Kenya: Telkom surrenders half of sales to Safaricom
Telkom Kenya has revealed that it pays over half of its revenues to Safaricom and rival operators as costs for handling its calls, ...
Kenya
Kenya: T-bill holdings fall 8pc as CBK shifts more debt to bonds
The share of government’s domestic debt held in form of Treasury bills dropped by eight percentage points in 2021, reflecting the increased effort ...
