Kenya
Kenya: Return of M-Pesa Charges Boosts Safaricom’s Profits
Safaricom recorded a 12.1 per cent net profit jump in the half year ended September, helped by revenue growth as the telco reinstated ...
Kenya
Kenyan edtech startup Craydel raises Sh111.7 million to expand in Africa
Kenyan education technology startup Craydel has announced it has raised Sh110 million ($1 million) to expand outside of Kenya to serve more students ...
Kenya
Kenya: Banks’ bad loans rise to Sh441 billion in August – CBK
Defaults in the Kenyan banking industry rose to Sh441.8 billion in the eight months to August, reversing a decline in the non-performing debt ...
Innovation
Kenya adopts the community networks licensing framework
The Communications Authority of Kenya (CA) formulated a Licensing and Shared Spectrum Framework for Community Networks, with contributions from KICTANet, the entire community, and ...
Innovation
DP World Launches E-Commerce Platform DUBUY.com in Kenya
The wholesale platform brings efficient, reliable B2B eCommerce to Kenya, enabling market access for businesses of all sizes Backed by leading global logistics ...
Kenya
Kenya: Central Bank suspends CRB listing of loans under Sh5 million
Borrowers defaulting on loans of less than Sh5 million will not be blacklisted at the credit reference bureaus (CRBs) while those already blacklisted ...
Kenya
Kenya: Absa loses Supreme Court push in credit card royalties tax duel
Absa Bank has lost a bid to challenge a decision of the Court of Appeal allowing the Kenya Revenue Authority (KRA) to collect a ...
Innovation
Kenya: Equity Ranked Among the World’s 1,000 Biggest Banks
Equity has once again been named among global giants in banking. The Kenyan lender has been ranked position 39 globally on return on ...
Kenya
Kenya: JICA kicks off 2nd cohort of the NINJA Accelerator in Kenya
The startups participating represent the fintech, manufacturing, agritech, entertainment and agriculture sectors The NINJA Accelerator Kenya powered by JICA, Double Feather Partners, Deloitte, Tohmatsu, and GrowthAfrica has kicked off the ...
Kenya
Kenya: Safaricom faces petition to lower M-Pesa charges
Telkom Kenya is seeking regulatory orders through Parliament to compel Safaricom to cut the fees it charges on its mobile money service M-Pesa ...