Business

Mobile Lenders in Kenya Now 51 After New Approvals

Mobile Lenders in Kenya Now 51 After New Approvals

The Central Bank of Kenya (CBK) has approved 19 new mobile lenders in Kenya, bringing the total number of licensed…
Stanbic Holdings Dividends up 21.8% After Record Net Profit in 2023

Stanbic Holdings Dividends up 21.8% After Record Net Profit in 2023

Stanbic Holdings has declared an impressive dividend payout, up 21.8% after record net profit in 2023 full year results. Shareholders…
Counties Receive Extra Ksh.46 Billion for Budget Support

Counties Receive Extra Ksh.46 Billion for Budget Support

County governments will receive an extra Ksh.46.3 billion to cater for their fiscal year 2023/24, sponsored by the County Government…
How Informal Sectors Will Use KRA’s Ectronic Tax Invoice System

How Informal Sectors Will Use KRA’s Ectronic Tax Invoice System

The Kenya Revenue Authority (KRA) has unveiled the Electronic Tax Invoice Management System (eTIMS) targeting businesses in the informal sector.…
EU MPs Endorse Trading With Kenya in First Ever Deal

EU MPs Endorse Trading With Kenya in First Ever Deal

The European Parliament has given its green light to a new trade agreement between the EU and Kenya, which will…
How EIDU is Transforming Digital Learning in Kenya

How EIDU is Transforming Digital Learning in Kenya

Digital learning is not a new concept in Kenya, but it has gained more momentum in recent years, especially during…
Inflation in Kenya Eases to 6.3%

Inflation in Kenya Eases to 6.3%

Inflation in Kenya eased to 6.3% in February 2024, the lowest level in two years – according to the Central…
Kenya Inks Deal With ATIDI for Advanced Renewable Energy Projects

Kenya Inks Deal With ATIDI for Advanced Renewable Energy Projects

Kenya and ATIDI have signed the Regional Liquidity Support Facility (RLSF) to identify, develop, and implement renewable energy projects across…
DTB Uganda Partners With TerraPay to Boost Cross-Border Money Transfers

DTB Uganda Partners With TerraPay to Boost Cross-Border Money Transfers

Diamond Trust Bank Uganda has partnered with UK payments firm TerraPay to streamline cross-border money transfers, boosting financial inclusion. The…
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