Mara seeks Kenyan talent in building secure blockchain
Mara is seeking to recruit Kenyan developers who will help it build a secure blockchain to allow tracking of last mile transactions on mobile money....
Mobile Money
Customers to make paybill payments regardless of mobile money wallet
Kenyans can now make seamless mobile money payments regardless of their network following the coming to effect of full mobile money interoperability. The Central Bank...
Kenyans send each other Kshs. 12B daily on mobile money
Kenyans are sending each other about Kshs. 12.25 billion daily on the mobile money transfer platform as more subscribe to the service mainly for convenience....
M-Pesa monthly active users hit 30M on higher business payments
Safaricom mobile money service, M-pesa has recorded 30 million monthly active users in what the telco attributes to growth in business payment option, Lipa Na...
Regulating digital lenders in Kenya: Benefits for consumers and industries
In 2021, President Kenyatta approved an amendment that gives the Central Bank of Kenya powers to license and oversee previously unregulated digital money lenders. Citing...
Loan defaulters boot SIM cards as mobile money deposits hit Kshs. 1.2T
The number of mobile money subscribers declined 0.2% in the first three months of the year to September in what Communications Authority (CA) attributes to...
Airtel ink deal with Flutterwave to expand mobile money payments
Businesses in six African countries will be able to do cross-border transactions through Airtel Money following a partnership between Airtel and payment technology firm Flutterwave....
Increased internet use sees cyber threats surge 38 million, says report
The Communications Authority of Kenya has said it flagged 38.8 million cyber threats between April and June this year as cyber criminals increased targets on...
Value of mobile commerce rises 35pc to hit Kshs. 9.4 trillion
Consumers in Kenya found convenience in mobile money to transact during the pandemic as the value of mobile commerce surged 35% last year to reach...
President Kenyatta urges Ethiopia to consider mobile money opportunities
President Uhuru Kenyatta has asked Ethiopia Prime Minister Dr. Abiy Ahmed and his government to consider opening up mobile money market to investment opportunities following...