The CBK said Daraja, licensed in 2015 and whose main customers are small and medium enterprises, has a market share of below 1% of the microfinance banking sector in Kenya.
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Keroche Breweries will reopen on Friday, July 29, according to the Kenya Revenue Authority (KRA). The Brewer’s Chief Executive Officer…
The Central Bank of Kenya (CBK) has said payments fintech Flutterwave and Chipper Cash are not licensed to operate in…
A current account deficit is occasioned by high spending on imports compared to export earnings.
Kenya, Uganda, and Tanzania revenues grew 30%, 24%, and 21%, respectively, compared to last year’s period, on easing of COVID-19 restrictions.
Mobile Money revenue grew by 26.5%, driven by a growth of 26.9% in East Africa and 25.4% in francophone Africa.