Kenyan treasury to launch digital platform for govt papers in Q12023
New system DhowCSD will allow for easier management of trading accounts in contrast to the current USSD system.Vincent Matinde
Kenyans to be fully charged for digital banking in 2023
Central Bank of Kenya halts COVID-19 waiver and reintroduces mobile money to bank transaction fees.
Airtel Kenya ring-fences operations, separates mobile money unit
Central Bank of Kenya confirms development, says it will lead to better customer service.
CBK ushers in new chapter in FinTech regulation
Regulator issues ten licences to providers of digital lending services.
Kenya tightens grip on digital credit industry
Central Bank of Kenya (CBK) looks to crack down on high interest rates, abuse of personal private information and unethical debt collection services.
Kenya says Flutterwave, Chipper Cash not licensed to operate
Central bank singles out companies for allegedly flouting regulations.
Kenya devises blueprint to adopt CBDC
Consideration to introduce a CBDC in the payments system in Kenya would be earmarked at “cost reduction, interoperability and enhancing cross border” payments.
Kenya: Mobile Pay Limited falls foul of regulator
Situation reflects increased pressure on smaller operators to continue to compete in country’s mobile money services market.
Kenya’s unregulated digital lenders must go it alone
Central Bank bans service providers from engaging with Credit Reference Bureaus.
Kenya's Central Bank looks to rein in mobile money lenders
Authorities concerned over risk of money laundering and financial support for terrorism.
Mobile digital lenders flood Kenya's finance market
Senior executive from African Guarantee Fund says there is a US$155 billion funding gap for SMEs in Africa.
Kenya's Central Bank gives mobile money interoperability thumbs up
Interoperability is expected to be in place this week after a successful pilot project undertaken by Safaricom's M-Pesa and Airtel Money in January.