Business

Bye-bye M-PESA for Unregistered Users

Safaricom, Kenya's top telecom company, has made a change in its M-PESA service. Now, people can't send money to friends…

3 years ago

MultiChoice Snubs Canal+’s $2.5B Offer

MultiChoice, the popular pan-African broadcaster valued at $2.15 billion, has politely declined an acquisition offer from Canal+, the pay-TV company…

3 years ago

Co-op Bank Boosts Daily ATM Cash Limit to Sh60,000 from Sh 40,000

Co-operative Bank of Kenya has some good news for its customers! They've decided to increase the amount of money you…

3 years ago

Confidence in Kenya’s Sukuk Bond Success:

Standard and Poor's (S&P), a global credit ratings agency, expresses confidence in Kenya's potential success in tapping into Islamic financing…

3 years ago

Increasing Corporate Dollar Deposits:

Business corporations have significantly increased their share of dollar deposits in banks, reaching 70 percent as of September last year.…

3 years ago

Bank dollar rates ease as shilling stages rare rally

Bank dollar rates witnessed a significant decline in the past week, aligning with an uncommon surge in the value of…

3 years ago

Standard Chartered Bank and Village Capital Collaborate to Boost Women-Led Startups

In a groundbreaking collaboration, Village Capital has joined forces with Standard Chartered Bank to launch a financing facility aimed at…

3 years ago

President Ruto Affirms Kenya’s Eurobond Commitment and Outlines Repayment Strategy

President William Ruto, currently attending the Italy-Africa Summit in Rome, addressed concerns about Kenya's debt status, emphatically dismissing any notion…

3 years ago

Kenyan Stock Market: NSE’s Positive Trends Amid Mixed Signals

In today's trading session, the Kenyan stock market showcased a nuanced interplay of investor behavior and market dynamics. While the…

3 years ago

East African Bond Exchange Challenges NSE Monopoly in Kenya’s Capital Markets

In a groundbreaking development, the Capital Markets Authority (CMA) of Kenya has granted a trading license to the East African…

3 years ago