MOBILE MONEY

Central Bank of Kenya reviews its emergency measures to encourage continued use of mobile money

When President Uhuru Kenyatta appeared to give his first address regarding the COVID-19 pandemic in the country, he directed telco companies to explore ways of deepening mobile money usage to…

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Imperial Bank BANKING

Imperial Bank depositors to receive a third disbursement of funds up to a maximum of 10% of their remaining deposits

There is some good news to all the Imperial Bank depositors. Verified depositors will be able to access additional funds of up to a maximum of 10 percent of their…

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BANKING

How to know amounts to pay Central Bank after successfully applying to invest in Treasury bills

A treasury bill is a short-term borrowing instrument issued by the Government through the Central bank of Kenya (the fiscal agent) to raise money on short term basis – for…

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treasury bills BANKING

How (and when) to invest on Treasury Bills in Kenya

The following are instructions on how and when to invest on Government Treasury Bills: Any potential investor MUST have an active and updated CDS account at Central Bank of Kenya. 91-,…

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BUSINESS

Kenyan markets: Barter trade an illegal practice in Kenya

When Will Ruddick introduced Bangla-Pesa back in May 2013, his intentions were for the best of Bangladesh residents in Mombasa. Bangla-Pesa only restricted to the slum acted as a voucher…

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OPINION

The Tale of Bitcoin in Africa Continues To Be Writ

Sub-Saharan Africa sees 75% of the population with no bank account; those in the know say the currency could assist a great deal of folk make payments on their bills…

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OPINION

Why Bitpesa is a Global Fortune 500 Company Poised for Phenomenal Success

Bitpesa is a Nairobi-based start-up that is firmly settling into the remittance industry, a vastly lucrative enterprise for that matter. So, recently they announced they had raised $1.1 million dollars…

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