Safaricom expands MyCounty App platform to Kitui County
October 12, 2023
Safaricom has in partnership with Kitui county launched the MyCounty app platform aimed at digitizing county services for more efficient operations and increased revenue collection. The platform will offer services such as payment for county…
Bolt's Commitment to Compliance Amidst Regulatory Challenges
October 12, 2023
Bolt has reaffirmed its pledge to adhere strictly to Kenyan regulations, underscoring its dedication to building a sustainable business model. This commitment comes a few hours after it was reported that the NTSA had rejected…
NTSA Rejects Bolt's License Renewal
October 11, 2023
The National Transport and Safety Authority (NTSA) has refused to renew Bolt’s operating license citing alleged breaches that include illegal commission charges and booking fees. This decision deals a significant blow to the Estonian-based firm,…
Liquid Intelligent Technologies Propels Tanzania's Digital Revolution with Second Azure Stack
October 11, 2023
Liquid Intelligent Technologies, in collaboration with wingu.africa, has unveiled the second Azure Hyperconverged Infrastructure (HCI) stack in Tanzania. This milestone, a result of a partnership between Liquid and wingu.africa, not only signifies a pivotal moment…
Deimos Calls for Bolstered Education for Cybersecurity Protection
October 11, 2023
Deimos is sounding the alarm for an urgent need to bolster cybersecurity awareness and education across multiple sectors. With a diverse clientele spanning the public sector, fintech, and e-commerce, Deimos is resolute on the critical…
EDOMx Partners with finbotsAI for BNPL Expansion and Financial Inclusion
October 10, 2023
EDOMx, a Delaware entity with Kenyan operations with a vision to enhance impact-based and thoughtful consumer credit, announced signing an agreement with Singapore-headquartered B2B SaaS FinTech, finbotsAI, to enable credit risk management using AI. Renowned…
Know Your Scam: A Definitive Guide to Crypto's Most Prevalent Scams
October 10, 2023
It might be a Telegram message from a supposed “Binance employee,” an urgent phone call from a distant relative needing money, or a charming swindler professing their love for a costly price. Scams come in…
M-Shwari Deposits Decline Amid Economic Challenges
October 10, 2023
M-Shwari, Safaricom’s mobile lending platform, witnessed a significant downturn with a 44.1 percent drop in deposits from March 2022 to March 2023. The total deposits plummeted to Sh416.7 billion, marking a sharp decline from the…
3 Ways You Can Improve Your Trading Performance
October 9, 2023
Trading is becoming increasingly popular in Kenya, and for good reason. With recent developments in the Nairobi Securities Exchange (NSE) indicating the return of foreign investors, a net foreign equity inflow worth KSh130 million ($874,000) was…