Safaricom PLC has announced its most significant M-PESA upgrade since 2015, introducing Fintech 2.0—a next-generation platform designed to boost resilience, expand transaction capacity, and enhance service reliability. The upgrade increases M-PESA’s throughput from 4,500 to 6,000 transactions per second (TPS), with scalability to 12,000 TPS as demand grows. Scheduled Maintenance Set for September 22 To implement the upgrade, Safaricom has scheduled a system migration on Monday, September 22, 2025, from 12:30 am to 3:30 am. During the upgrade, all M-PESA services will be temporarily unavailable. The company has advised customers to plan transactions accordingly and apologised for any inconvenience. Strengthening…
Author: David Indeje
David Indeje
David Indeje is the Community Engagement Editor at Khusoko, East Africa’s leading digital business news platform. He shapes editorial content, drives audience engagement, and amplifies diverse voices. Beyond journalism, he consults on digital strategy across agriculture, governance, technology, and health, while examining AI’s role in the future of media. He also serves as Communications Officer at KICTANet, advancing digital inclusion and policy dialogue.
The Court of Appeal in Nairobi is set to issue its judgment in the Bloggers Association of Kenya (BAKE) petition challenging the constitutionality of the Computer Misuse and Cybercrimes Act. The ruling, scheduled for February 27, 2026, will be delivered by a three-judge bench comprising Justice Patrick O. Kiage, Justice Aggrey Muchelule, and Justice Weldon Kipyegon Korir. BAKE filed the constitutional petition in May 2018, arguing that several provisions of the Act—specifically those addressing false information, cyber harassment, publication of misleading data, and investigative procedures—are vague, overly broad, and prone to abuse. The association contends that these sections have been…
The Government of Kenya has committed KSh 41 billion to expand the Port of Mombasa, aiming to increase cargo throughput, reduce dwell time, and enhance regional trade efficiency. The investment forms part of the country’s Vision 2030 infrastructure agenda and reinforces Kenya’s role as a strategic maritime gateway for East and Central Africa. President William Ruto announced the funding during the commissioning of the Mombasa Commuter Rail Service, confirming that construction will begin in December and conclude by the end of the year. “We are expanding the Port of Mombasa to make it more efficient, bigger, and better,” said President…
In Illeret, a remote town near the Ethiopian border, once cut off from roads, mobile networks, and emergency services, a single cell tower has become a lifeline. “Before the network, we couldn’t even call for help,” says Koriye Kuute, a local fisherman. Today, traders use mobile money to sell fish across counties, students access digital learning materials, and healthcare workers coordinate care in real time. This transformation isn’t just technological—it’s economic, educational, and deeply human. The arrival of Safaricom’s network has turned Illeret into a case study in digital inclusion, borderland resilience, and infrastructure-led development. “We are no longer isolated.…
Mobile banking fraud surges 344% amid digital expansion; CBK intensifies ICT oversight and calls for human-centered cybersecurity frameworks. Kenya’s banking sector is grappling with an alarming rise in cyber-enabled fraud, with total losses jumping 264% to KSh 1.5 billion ($11.1 million) in 2024, up from KSh 412 million ($3.1 million) the previous year. The spike, driven by mobile banking vulnerabilities and rapid digitalisation, has prompted the Central Bank of Kenya (CBK) to enhance its supervisory lens on ICT risk and cyber resilience. “Cyber risks have increased due to the digitalisation of payments and transfer of money from person to person,”…
Nairobi-headquartered lenders Equity Bank Group and KCB Group Plc are advancing strategic moves into Ethiopia, following regulatory reforms that opened the country’s banking sector to foreign investment. Equity Bank Engages Ethiopian Investment Commission Equity Bank Group CEO Dr. James Mwangi held talks with Ethiopian Investment Commission (EIC) Commissioner Dr. Zeleke Temesgen on Friday, a key step in the bank’s entry strategy. “The Commission is ready to provide the necessary cooperation and support to facilitate the bank’s entry into Ethiopia’s financial sector,” said Dr. Temesgen. Dr. Mwangi said Equity had long targeted Ethiopia as part of its regional growth strategy. “The…