Tag: CBK

Kenya’s growth in mobile money penetration has led to more mobile money agents, with the number of mobile agents growing ...

Kenya's government is coming for the gambling industry from two directions at once: the wallet and the TV screen. On ...

Not long ago, the Central Bank of Kenya was in a very different mood about digital lenders. Then CBK Governor ...

Every year when Kenya's largest banks release their full-year financial results, they are essentially bringing home their report cards. In ...

The story of M-Pesa is frequently told as a story of genius mobile money design. The reality is more interesting: ...

When reports emerged in early March that Safaricom would begin masking phone numbers in M-PESA transaction notifications, the details were ...

The Central Bank of Kenya (CBK) and the National Bank of Rwanda (NBR) have agreed to develop a license passporting ...

As every M-Pesa user has become accustomed to, paying at a till number or through Paybill means the merchant on ...

CBK has placed a ban on money bouquets, putting some Kenyans in a romantic dilemma: break the law for a ...

Kenya's automotive market has pulled off a noteworthy recovery in 2025, with new vehicle sales through November already exceeding total ...

KCB Group has signed a deal to buy a minority stake in Pesapal, the Kenyan digital payments company that's been ...

Kenya has officially entered a new era of digital finance and crypto after President William Ruto signed the Virtual Asset ...

Standard Bank Group is in advanced discussions to acquire Kenya’s NCBA Group through its Kenyan subsidiary Stanbic Holdings, in a ...

Kenya might soon become the benchmark for crypto regulation in Africa after Parliament passed the Virtual Asset Service Providers (VASP) ...

The Kenyan government is planning to significantly lower mobile money fees by about 57% through its upcoming National Financial Inclusion ...

The Central Bank of Kenya (CBK) has established a new Banking Sector Cybersecurity Operations Centre (BS-SOC) designed to protect financial ...

Digital lenders in Kenya are changing their approach to microloans as new data reveals a worrying trend of defaults on ...

Between 2022 and 2025, licensed operators issued 5.5 million mobile loans to Kenyans. These loans had a total value of ...

Kenya is taking a major step in integrating cryptocurrencies into everyday financial life, as Bankless Bitcoin is set to launch ...

Digital lenders in Kenya have transformed how people access credit, but a new Central Bank of Kenya (CBK) survey has ...

The Central Bank of Kenya (CBK) has entered into talks with the National Payments Corporation of India (NPCI) to develop ...

Kenya's legislature has taken a major step towards regulating its digital finance ecosystem with the introduction of the Virtual Asset ...

Kenya has made a major step toward regulating the digital asset ecosystem with the introduction of the Virtual Asset Service ...

Understanding the Dollar in Kenya Shillings Navigating currency exchange rates is crucial for businesses, investors, and travelers. The US Dollar ...

Digital credit providers (DCPs) in Kenya are under increased regulatory scrutiny following sweeping amendments to the Central Bank of Kenya ...

The use of credit and debit cards for purchasing goods and services in Kenya has reached its lowest point in ...

The Central Bank of Kenya (CBK) has announced its plans to develop a new instant payment system which will be ...

The Central Bank of Kenya (CBK) has announced progress in developing a financial sector-wide interoperable solution, with the aim of ...

The Central Bank of Kenya (CBK) has granted operating licenses to 7 new Digital Credit Providers (DCPs). This latest batch ...

The government of Kenya is set to establish a Treasury Single Account (TSA) system in order to improve public cash ...

Kenyan banks are ramping up efforts to regain control of the cash transfer sector in Kenya. The Kenya Bankers Association ...

In 2023, the Kenya Mobile Money industry experienced a drop in transaction values for both bill payments and bulk disbursements. ...

The High Court in Kenya has decided against continuing a previous order that prevented banks and mobile money providers from ...

Digital lenders have been in business for an extended period, but their operations have since been halted by the Central ...

A couple of days ago, we learned that the CBK was in the process of reinstating bank to mobile money ...