Central Bank of Kenya


Relocating Abroad: Key Things You Need To Know Before Moving

The economic fortunes of Kenyans in the diaspora have significantly improved in recent years, with diaspora remittances or money sent back home by Kenyans living abroad steadily rising to become…

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Paybill charges set to drop as Safaricom reinstates Bank-Mpesa transaction fees

Mobile payment provider Safaricom is set to lower its Paybill charges for customers and businesses starting January 1, 2023. This move is in response to the increasing demand for mobile…

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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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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 KENYA

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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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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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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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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