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

CBK Confirms No Crypto Firms Licensed Yet as VASP Rules Are Finalized

Kenya’s financial regulators have issued a clear reminder that no virtual asset firms are yet licensed under the new Virtual Asset Service Providers...

Jumia delivery man
BUSINESS

Jumia: Rural Shoppers Overtake Cities in E-Commerce Boom

Jumia has reported that rural Kenya now accounts for 60 per cent of all its orders, showing that online shopping has grown faster...

The branch will play a role in easing the daily operations of small businesses by offering payment collection support.
BUSINESS

Kingdom Bank Targets Nairobi’s Traders With New Branch at Nairobi CBD

Kingdom Bank has opened a new branch on Tom Mboya Street, strengthening its footprint in one of Nairobi’s busiest commercial zones and bringing...

The Kenya Bureau of Standards (KEBS) Headquarters
BUSINESS

KEBS: Only 2019-and-Newer Vehicles to Be Allowed Into Kenya From 2026

Kenya’s used-car import business is headed for a major shift after the Kenya Bureau of Standards (KEBS) issued a new directive that will...

M-Pesa Foundation Chairman Nicholas Ng’ang’a
BUSINESS

M-Pesa Foundation Injects Ksh115M n Coast Health, Schools and Elder Care

The M-Pesa Foundation has unveiled a Ksh 115 million investment to upgrade health, education and elder care services in Mombasa and Kilifi counties,...

Principal Secretary for MSME Development Susan Mangeni
BUSINESS

Govt Weighs Tax Holiday to Boost Young Entrepreneurs

Young people hoping to launch small businesses may soon get a major boost, as the government considers giving first-time entrepreneurs a tax holiday....

The NYOTA Project logo
BUSINESS

World Bank Adopts Blockchain to Safeguard Nyota Youth Funds

The World Bank has announced that it is using blockchain technology to make sure that money under the National Youth Opportunities Towards Advancement...

Person operating a fuel pump. PHOTO/Pexels
BUSINESS

Fuel Prices Hold Steady as EPRA Confirms November Rates

Kenya’s motorists and households can breathe a sigh of relief as the Energy and Petroleum Regulatory Authority (EPRA) announced that fuel prices will...