Fintech News Kenya
Track fintech news in Kenya, mobile money, M-Pesa, digital payments, banking technology, startups, and digital economy updates.
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Co-op Bank Rises dividend after Sh39.9bn profit.
Co-operative Bank of Kenya has raised its dividend payout to shareholders after reporting a net profit of Sh39.9 billion for the year ended December …
BusinessSafaricom's Bold Privacy Shift : What the News M-Pesa Number Masking Means for Millions Of Kenyans
In a landmark move set to redefine digital privacy in Kenya, Safaricom has announced that it will begin masking phone numbers in person-to-person transactions …
BusinessZiidi Platform generates 61% of Ordinary Kenyans Buying Shares in a period of Three weeks.
The launch of the Ziidi trading platform has triggered a 61 percent increase in the number of ordinary Kenyans investing at the Nairobi Securities …
BusinessIPO Funds Will Build Public Assets, Not Pay Salaries or Debts..
President William Ruto has defended the government’s push to raise capital through public listings, saying the funds will be used strictly to create national …
BusinessNTSA launches Instant Traffic fine system.
Kenya’s traffic enforcement is set for a major shift after the National Transport and Safety Authority (NTSA) rolled out an automated system that instantly …
BusinessHeating Oil Prices Rise up to 22% as due to the Middle East Conflict affects Energy Markets
Heating oil prices have surged by about 22 percent in recent days, sending shockwaves through global energy markets as an expanding conflict in the …
BusinessWorld Bank Backs Digital Fare System for Nairobi Public Transport
The World Bank has committed to back a transformative digital fare payment system for Nairobi’s public transport network, allowing commuters to pay matatu, bus …
BusinessKenyan Meat Exporters Lose Sh1 Billion in Week as Middle East Shipments Disrupt
Kenyan meat exporters have suffered losses estimated at Sh1 billion in the past week alone after shipments to several Middle Eastern markets were severely …
BusinessHuawei and Safaricom Launch Sh800/Month Internet for Affordable Housing Residents
Huawei and Safaricom have announced a strategic partnership to provide a low-cost internet service specifically tailored for residents living in homes built under Kenya’s …
BusinessChinese Firm Plans Sh2 Billion Copper Processing Plant in Makueni
A Chinese investment firm has unveiled plans to construct a Sh2 billion copper processing plant in Makueni County, marking a significant step toward value …