Year: 2023
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Markets
First Future Holdings Joins CMA Sandbox with USSD Trading Platform
The Capital Markets Authority (CMA) has incorporated First Future Holdings Limited (FFHL) into its Regulatory Sandbox initiative to promote Fintech.…
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Cryptocurrencies
Binance Fined $4 Billion in Money Laundering Charges, CEO Steps Down After Pleading Guilty
Binance, the world’s largest cryptocurrency exchange, has been hit with a staggering $4 billion fine after its CEO, Changpeng Zhao,…
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Markets
AfDB approves $10 Million investment in Kenya’s Dhamana Guarantee
The African Development Bank Group (AfDB) has approved a $10 million equity investment in Dhamana Guarantee Company Limited to provide…
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Technology
Sam Altman to Return as CEO of OpenAI Amid Boardroom Turmoil
Sam Altman, former OpenAI CEO, is set to reclaim his position, sparking a saga in Silicon Valley that emphasized the…
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International
President Ruto Receives Standing Ovation as He Advocates for Equitable Global Partnerships at EU Parliament
President William Ruto, in a formal sitting at the EU Parliament in Strasbourg, France on November 21, 2023, received a…
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Corporate
Equity Bank Kenya Posts 20% Profit Decline Amidst Group’s Growth
Equity Bank Kenya, a subsidiary of the Equity Bank Group, has reported a 20% decline in profit after tax, amounting…
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Job Opportunities
Over 300 Jobs Up for Grab at NSSF Across Kenya
The National Social Security Fund (NSSF) has posted 336 job vacancies, seeking competent candidates to fill them. NHIF seeks competent…
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Wealth Creators
Six Teams in Kasarani Receive 5 Million Sponsorship From SportPesa
Leading online gaming firm SportPesa reaffirmed its dedication to fostering grassroots sports development by unveiling a groundbreaking 5 million sponsorship…
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Economy
World Bank to Loan Kenya $12 Billion in Next Three Years
The World Bank has pledged to finance Kenya’s goal of becoming an upper-middle-income country by 2030, with up to $12…
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East Africa
Reasons Why Kenya Is Doing Better Than Peers in Sub-Saharan Africa – Fitch
Kenya’s reform momentum is gaining momentum, with a higher reform score of 6.0, up from 5.5 in the last quarter,…
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