Tag: kenya
Banks tipped on healthy competition with FinTechs
If banks are to adequately compete and address the challenge posed by the growing influence of fintechs into their space, they will...
Kenya to install 100,000 Kms of fibre optic infrastructure
The government has announced plans to deploy 100,000 Kms of fibre optic infrastructure across the country.
The fibre optic cables...
KQ defers interest payment on Ksh. 25 billion loan
Kenya Airways (KQ) has been granted waivers and deferrals on unpaid interest on Ksh.25 billion (USD217 million) worth of loans from the...
Fast moving goods, everyday products key to e-commerce growth in Kenya,...
E-commerce platform Jumia now says that there is a clear shift by consumer online shopping behaviour towards everyday product categories mainly Fast-Moving...
Moroccan firm acquires majority stake in Furniture Palace
Morocco-based furniture retailer KITEA Group (KITEA) and private equity firm Tana Africa Capital (Tana) have acquired a majority stake in Kenya’s furniture...
Small-Scale Trade Set to Rise at Kenya- Ethiopia Border
Small-scale trade along the Kenya- Ethiopia border is poised to thrive following bilateral negotiations between the two parties to agree on a...
Survey: Apps Top Bank Customers’ Digital Banking Preferences
Mobile Applications topped bank customers' preferences in 2021, reinforcing a sustained uptake of contactless banking solutions that gained traction in 2020 owing...
CDSC exits CMA sandbox, to offer securities lending
The Central Depository and Settlement Corporation (CDSC) has officially received approval from the Capital Markets Authority (CMA) to formally exit the regulatory...
Equity named fifth strongest bank globally
Equity Group has been named the 5th strongest banking brand in the world.
The Group is the only new...
Kenya, Hungary ink four bilateral agreements
Kenya and Hungary on Monday signed four bilateral agreements for cooperation in health, water, education and diplomacy sectors.
The...
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