Tags Central Bank of Kenya

Tag: Central Bank of Kenya

Kenya orders banks to cease dealing with fintechs Chipper Cash, Flutterwave

The Central Bank of Kenya (CBK), has directed all financial institutions in East Africa’s largest economy to cease doing business with...

Airtel Kenya spins off mobile money business

Mobile operator Airtel Kenya, has announced it has split its mobile money business into a separate entity known as Airtel Money...

Safaricom, Telkom and Airtel announce integration of mobile money services

Kenya’s mobile network operators: Telkom, Safaricom, and Airtel have announced the interoperability of their mobile money service platforms, allowing Kenyans to...

Central Bank of Kenya to cut M-Pesa tariffs

The Central Bank of Kenya (CBK) has announced that it is working on a proposal to cut M-Pesa transfer tariffs in...

Kenya proposes introduction of digital currency

The Central Bank of Kenya (CBK) has proposed to introduce a digital currency, the Central Bank Digital Currency (CBDC), which will...

The benefits of regulating Kenya’s digital lenders

In 2021, the President of Kenya, Uhuru Kenyatta approved an amendment that gives the Central Bank of Kenya powers to license...

Upsurge in Kenya’s mobile money agency transactions

The Central Bank of Kenya (CBK), has revealed that the amount of cash handled by mobile money agents in the eight...

Kenya’s mobile money transactions drop

The Central bank of Kenya (CBK), has revealed that mobile money transactions have dropped for a second month in a row in...

Kenya banks lose millions of card payment revenues to telcos

Banks in Kenya are expecting to lose card payments revenues worth Ksh1.2 billion ($11 million) to telecom operators mobile payment platforms in...

Safaricom cuts M-Pesa transfer costs by nearly half

Kenya’s telecom operator Safaricom has cut M-Pesa mobile money transfer costs by up to 45% for lower value transaction bands with effect...
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South Africa: Regulator begins phase two of IMT spectrum licencing process

The Independent Communications Authority of South Africa, has indicated through a memorandum, its intention to initiate the second phase of the...

Nedbank’s YouthX returns to unlock youth potential

Following a successful inaugural launch in 2021, YouthX is back for its second edition as Nedbank continues its drive to empower...

Telkom Business now offers small businesses funding up to R5 million within 24 hours

Telkom Business has announced the launch of Telkom Lend, to enable small businesses to apply online for funding of up to...

Do you understand what an IoT platform is?

Global spending on Internet of Things (IoT) technology is expected to top $1.1 trillion by 2023. Despite the complexities associated with...