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Banking on continuous innovation to stay ahead of scammers

Nairobi, Aug. 3 -- From pioneering mobile money to becoming one of the world's leading digital payments markets, Kenya has emerged as a global benchmark for financial innovation. Banks are now buildin... Read More


Tech firm sues KRA over 'copycat' digital cargo system

Nairobi, Aug. 3 -- A technology firm has sued the Kenya Revenue Authority (KRA), seeking to block the roll out of a digital cargo pre-arrival declaration system amid claims of 'copycat' of a similar i... Read More


Treasury eyes domestic debt data clean-up with new administrative office

Nairobi, Aug. 3 -- The National Treasury targets clean-up of data on debt tapped from the domestic market amid mounting pressure for transparency in the government's financial transactions. National ... Read More


Teleposta scheme dodges Sh13bn bill after 15-year court battle

Nairobi, Aug. 3 -- TelPosta Pension Scheme has dodged a Sh13.4 billion pension liability after the High Court dismissed claims by former members for additional payout, ending a 15-year legal battle th... Read More


Succession mistakes that cripple family businesses

Nairobi, Aug. 3 -- "There is a difference between a family owned and a family run business," points out Florence Wanja, Head of Business and Commercial Banking at Stanbic Bank, as she responds to my q... Read More


Kenya in focus as East Africa flagged over mobile cash fraud

Nairobi, Aug. 3 -- Kenya, Uganda, Tanzania, Ethiopia and Rwanda are among Africa's fastest-growing cybercrime hotspots, driven by mobile money fraud and advances in artificial intelligence (AI). A ne... Read More


Investors pump Sh9bn into Kenya's insurtech startups

Nairobi, Aug. 3 -- Kenya's insurtech startups have attracted an estimated Sh8.54 billion ($66 million) in venture funding over the past five years, cementing the country's position as one of Africa's ... Read More


Kenya Re boss fights ouster plan over executives jobs, tenders row

Nairobi, Aug. 3 -- The Kenya Reinsurance Corporation Group Managing Director, Hillary Wachinga, wants the High Court to dismiss a petition seeking his removal from office over alleged recruitment inte... Read More


Kenya, Beginnings Fund in Sh10.4bn healthcare deal

Nairobi, Aug. 3 -- Kenya has signed a five-year agreement with the Beginnings Fund, a global philanthropic initiative, unlocking $80 million (Sh10.4 billion) in catalytic financing to strengthen mater... Read More


From policy to market: Creating the certainty businesses need to scale

Nairobi, Aug. 3 -- Kenya's e-mobility sector has entered a new phase. The National Electric Mobility Policy has established a clear strategic direction, recent fiscal incentives have strengthened the ... Read More