Kenya
Kenya: President Kenyatta urges Crucial Interventions for the Banking Sector
President Uhuru Kenyatta has urged the country’s National Treasury and other stakeholders to immediately revise upwards the cash transactions threshold for KSh 1.0 ...
Kenya
Kenya: Bank Employees to Learn Sign Language Under New Deal Signed By KBA
Kenya Bankers Association (KBA) has signed a deal with Financial Sector Deepening Trust (FSD Kenya) and software engineering firm Deaf eLimu Plus to ...
Kenya
Kenya considering adoption of digital currency
…Others are Eswatini, Ghana, Mauritius, Morocco, Rwanda, Nigeria and South Africa. The Central Bank of Kenya (CBK) is among seven others in Africa ...
Kenya
Kenya: Asante closes first tranche of $7.5m Series A funding to bridge the gap in MSME lending in Africa
Asante Financial Services Group (“Asante”) announces $7.5 million Series A investment anchored by Goodwell Investments with participation by other investors including Sorenson Impact ...
Kenya
Kenya: CBK Gives Banks a Year to Effect Climate-Related Rules
The Central Bank of Kenya (CBK) has given all banks and mortgage finance companies one year to integrate climate risk management in their ...
Kenya
Kenya: Digital lenders spared from capital rules
Digital lenders in Kenya will not be subjected to minimum capital and liquidity requirements as the Central Bank of Kenya (CBK) is handed ...
Innovation
Safaricom and NHIF launch M-PESA mini app
Kenya-based communication solutions company Safaricom has rolled out a mini-app version of M-PESA that will provide NHIF’s transacting services. The NHIF mini-app will provide all NHIF ...
Intelligence
Kenya Has Fourth-Highest Interest in Cryptocurrency Globally – Report
Kenya has the fourth-highest interest in cryptocurrency globally, a new research study by Broker Chooser has found. According to the study, only three ...
Intelligence
Kenya: Hotel Sector Jobs Grew at Highest Rate in August, September – CBK
Employment levels in Kenya’s hotel sector witnessed the highest growth in August and September since the pandemic hit the country in March 2020, ...
Kenya
Kenya: KRA Receives Border Control and Surveillance Equipment From Japan
The Kenya Revenue Authority (KRA) Thursday received border control and surveillance equipment from the government of Japan which is aimed at enhance supply ...