By Dr. Princess C. Mutisya While global markets fixated on oil volatility and U.S. monetary policy last week, Kenya executed a move that may well mark...
Kenyan mobile operator, Safaricom and the Kenya Bankers Association (KBA) have proposed making Pesalink Kenya’s next-generation fast payment system (FPS), advocating for an industry-led approach to...
African Markets | The Kenyan shilling has for the first time crossed the Sh119 mark against the dollar, triggering costly imports and higher international debt repayments ahead of Tuesday’s general...
Mobile wallet payments are highest in usage as well as preference in Kenya.
Kenya’s Central Bank Governor, Njuguna Ndung’u is stepping down after 8 years of running East Africa’s largest financial sector. His term expired on Monday. Ndung’u, a...
In a statement issued on its website, the Central Bank of Kenya (CBK) noted that recent pressure on the shilling exchange rate is seasonal. Moreover, the...
Kenya’s shilling hovered below the 88 per dollar level on Thursday with market participants reluctant to push the currency to weaker levels. This is after the...
