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New Bill forces banks, M-Pesa to share customer data

Nairobi, Sept. 22 -- Banks and payment platforms such as M-Pesa and Airtel Money will be required to share customer data among themselves and licensed third parties, ushering in open banking in Kenya.... Read More


Regulator caps electric vehicles charging costs

Nairobi, Sept. 21 -- The energy regulator has capped power prices for electric vehicles (EVs) in fresh efforts to lower costs and boost e-mobility adoption amid the global fuel crisis. The Energy and... Read More


New technology drives Kenya's internet growth

Nairobi, Sept. 20 -- Advancements in technology such as low-Earth-orbit (LEO) satellites and advanced wireless links are powering Kenya's internet growth as networks race to get more people connected.... Read More


Safaricom widens mobile market lead over Airtel

Nairobi, Sept. 20 -- Safaricom increased its share of Kenya's mobile subscriptions to 69.8 percent in the three months to June, widening its lead over Airtel, which gained ground in broadband and mobi... Read More


'Prof Carl' and the failed 2025 investment scheme that preceded QVSE

Nairobi, Sept. 18 -- 'Carl Grindan', the person behind QVSE, the doomed investment scheme that froze millions of shillings of Kenyans' cash, also ran a similar scheme in Kenya last year, it has emerge... Read More


Investors lose Sh93bn in Kenya startup failures

Nairobi, Sept. 16 -- Kenyan startup Twiga Foods has entered administration amid financial turmoil, joining a group of 13 once-promising ventures that have collapsed over the past five years after rais... Read More


Airtel shuts loss-making Kenya fibre unit after two years

Nairobi, Sept. 14 -- Airtel Africa is winding up its Kenyan wholesale internet and fibre-optic subsidiary, two years after it was set up amid struggles to turn a profit. The Registrar of Companies re... Read More


Inside Mombasa's rise as Kenya's key tech hub

Nairobi, Sept. 14 -- For decades, Mombasa's economic fortunes have been closely tied to its port, tourism and trade. Now, a new wave of investment in digital infrastructure is positioning the coastal ... Read More


How influencers use AI to fake corporate brand engagement

Nairobi, Sept. 13 -- A social media influencer campaign can appear to be performing well: tens of posts praising a product, hashtags gaining traction, and an apparent steady stream of consumers talkin... Read More


CMA warns against investments in 15 illegal funds

Nairobi, Sept. 13 -- The Capital Markets Authority (CMA) has warned against investments in 15 funds illegally operating in Kenya, including the popular Global Investment Group (GIG) and Quant Vest Sto... Read More