East Africa Economic Outlook: The East African Community (EAC) is one of the leading regional economic organizations in sub-Saharan Africa and has made...
KALU MENGO
Ecobank has been ordered to cease transactions as an authorised foreign exchange dealer in the Kenyan market from Tuesday, March 29, 2022, to...
BT Reporter
At least 40.93 million out of the 68 million registered mobile money accounts were inactive as of December 2021, new data by the...
BT Reporter
With the new regulatory framework, they will be required to disclose interest rates, late payment and rollover fees before issuing the loans. The...
MARTIN SIELE
The Central Bank of Kenya (CBK) has lifted the freeze on loan costs cap, spelling the beginning of expensive loans. As a result,...
BT Reporter
The strategy paints a picture of the evolution of payment systems in Kenya from the introduction of the first Automated Teller Machine (ATM)...
MARTIN SIELE
Mobile money services in Kenya, such as M-Pesa, Airtel Money, Equitel and T-Kash now face an onslaught by proposed Central Bank Digital Currency...
FRANCIS MULI
Kenya Tanzania bilateral trade hit USD 905.5 million (Ksh102.8 billion) in 2021 for the period January –November 2021 according to the Central Bank...
FRANCIS MULI
A weaker global economic growth is projected for 2022 and 2023, driven by expected lower growth in the two largest economies (the United...
FRANCIS MULI
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![Giant telco Safaricom had the lion's share of active mobile money accounts with 62.5 percent of them or 26.22 million being active over 30 days. [Photo/ Nairobi News]](https://i0.wp.com/businesstoday.co.ke/wp-content/uploads/2021/06/M-Pesa-Phone.jpg?fit=680%2C382&ssl=1)
![Digital credit services will be required to disclose interest rates, late payment and rollover fees before issuing the loans. [Photo: REUTERS/Thomas Mukoya]](https://i0.wp.com/businesstoday.co.ke/wp-content/uploads/2022/03/mobi-635x420-1.jpg?fit=635%2C420&ssl=1)
![CBK Governor Dr. Patrick Njoroge at a past press conference. The CBK has published the National Payments Strategy 2022-2025. [Photo/ KNA]](https://i0.wp.com/businesstoday.co.ke/wp-content/uploads/2022/02/DSC_2070-e1580293099701.jpg?fit=680%2C451&ssl=1)
