South Africa is expanding access to Smart ID services through banks as the government moves to…
Category: Business
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NTSA Launches Automated System for Instant Traffic Fines
Motorists in Kenya will now receive traffic violation notices through an automated system after the National…
M-PESA Hits 40 Million Customers as It Turns 19
Safaricom has announced that M-PESA, its mobile money service, has reached 40 million customers as it…
Government Increases Funding for NYOTA Program As Beneficiaries Rise
The government has increased funding for the National Youth Opportunity Towards Advancement (Nyota) programme after expanding…
I&M Bank Shifts Focus to Digital Banking as it Slows Branch Expansion
I&M Bank Kenya is shifting its growth strategy toward digital banking, a move that has led…
Absa Kenya Raises Dividend as Profits Grow
Absa Bank Kenya has increased its dividend payout after posting higher profits for the year ended…
What M-Pesa’s Phone Number Masking Means for Users
M-Pesa users are set to enjoy greater privacy and protection after Safaricom introduced a new feature…
Treasury Buys Back Eurobonds to Ease Repayment Pressure
Kenya’s National Treasury has bought back part of its 2028 and 2032 Eurobonds in a move…
CBK Moves to Update Kenya’s Banking Laws For Digital Era
Kenya’s banking laws are set for a major review after the Central Bank of Kenya (CBK)…
Safaricom pilots new M-PESA feature allowing shared spending
Safaricom PLC is testing a new M-PESA mini-app called Shiriki Pay, which was added in January…