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From left - KCB Bank Kenya Director of Retail Banking, Jane Isiaho and Visa Country Manager and Senior Business Development Leader for Kenya, South Sudan and Somalia, John Njoroge during the launch of Tap-To-Phone solution which will enable business owners to accept card payments directly on their Near-Field Communications (NFC) enabled Android smartphones without the need for a traditional point-of-sale (POS) machine.
BUSINESS

KCB and Visa Partner to Enable Card Payments via Smartphones

KCB Bank Kenya has partnered with Visa to launch a Tap to Phone contactless payment solution that will allow merchants to accept card...

Outside Central Bank of Kenya (CBK) headquarters in Nairobi.
BUSINESS

Treasury, CBK Sound Alarm as Financial Health Collapses Despite Inclusion Boom

The National Treasury and the Central Bank of Kenya (CBK) have released new data showing a worrying trend that Kenya’s financial inclusion has...

Grace Kamau during the FiRe Award conference
BUSINESS

Regulators Renew Pressure on Organisations to Follow IFRS and IPSAS

Kenya’s financial regulators have renewed their push for stronger compliance with international reporting standards. They said public and private organisations must follow IFRS...

The banks have also partnered with various organisations to help reduce risks for women-owned SMEs.
BUSINESS

Access Bank and NBK Unite to Expand Funding for Women Entrepreneurs

Access Bank Kenya and the National Bank of Kenya have introduced a new programme aimed at strengthening women-led and women-backed businesses across the...

Safaricom HQ
BUSINESS

Govt to Sell Safaricom Stake as it Eyes Ksh244B for Infrastructure Fund

The Government of Kenya is preparing to sell a portion of its shareholding in Safaricom PLC, opening the way for Vodafone Kenya Limited...

Family Bank Wangige branch
BUSINESS

Family Bank Raises Ksh8B in Oversubscribed Share Offer

Investors have poured Ksh 8 billion into Family Bank, exceeding the bank’s initial target of Ksh 6.090 billion and achieving an oversubscription of...

Agriculture Cabinet Secretary Mutahi Kagwe
BUSINESS

CS Kagwe: Government to Reclaim Sugar Mills After 30-Year Leases

Agriculture Cabinet Secretary Mutahi Kagwe has assured Kenyans that the government will retain full ownership of the four public sugar factories even after...

A view of Public Service Commission offices in Nairobi.
BUSINESS

Public Service Pension Fund Sees Ksh100B Growth in Year

The Public Service Superannuation Fund (PSSF), which manages retirement savings for civil servants, teachers, and uniformed personnel, has nearly doubled its value in...