Watu Simu Hits 1 Million Smartphone Sales in Kenya
November 12, 2024
Watu Simu, the smartphone financing company, has announced that it has sold over 1 million mobile devices in Kenya. The company works by providing end user with smartphones that they have to pay for in…
Ecobank Partners with Nium to Enable Cross-Border Payments in Africa
November 11, 2024
Nium has announced a partnership with Ecobank to enable seamless cross-border payments across 35 African markets for more than 32 million customers. This partnership is set to revolutionise the region’s payments landscape by enabling faster, more…
Safaricom Raises Concerns Over Kenya’s Plan to Use Paybills as Virtual Tax Receipts
November 11, 2024
The Kenyan government plans to widen the tax base and one of the ways it will do so is by using mobile money paybills as virtual electronic tax receipts. The government says this will weed…
How to Access Telegram in Kenya Bypassing Exam-Related Restrictions by Telcos
November 9, 2024
If you are in Kenya, you may have had some issues recently when trying to access Telegram. This is happening as the four main telcos, Safaricom, Airtel, JTL and Telkom are blocking access to the…
Absa Bank Kenya Concludes Western Kenya SME Forums in Kisumu
November 8, 2024
Absa Bank Kenya has today hosted 200 business leaders in Kisumu for a Business Club Forum as part of the Bank’s Western Kenya Caravan. The forum concluded the week’s activities across the region with other…
Lendsqr Launches Lending-as-a-Service Platform in Kenya
November 8, 2024
Lendsqr has launched its lending-as-a-service platform in Kenya, a move that will enhance loan processes for banks, microfinance institutions (MFIs), and digital lenders. This launch provides Kenyan lenders with an efficient solution to improve loan…
Family Bank Appoints Lazarus Muema as New Chairman
November 7, 2024
Family Bank has appointed Mr. Lazarus Muema as the new Chairman following regulatory approval. Mr. Muema joined the Family Bank Board in 2017 and has been serving as a Non-Executive Director for the last seven years….
Bolt to Invest Ksh 14 Billion to Strengthen Safety Features and User Trust in Kenya
November 7, 2024
Bolt has committed to invest Ksh 14 billion over the next 3 years to raise awareness of its safety features as well as introduce measures to help prevent safety cases before they happen. Previously, Bolt…
Safaricom’s Mobile Connectivity Business Accounted for 52.2% of Its 2024/2025 Half-Year Revenue
November 7, 2024
Safaricom has announced its 2024/2025 half-year revenue figures showing a strong first 6 months of the year ending September 30th 2024. From the figures shared, its mobile connectivity business, comprising of voice, data and SMS,…