Kenyans transacted 6.59 trillion shillings (51 billion U.S. dollars) on mobile money in 2024, recording a 17-percent decline from 61.5 billion dollars in the previous year, the Central Bank of Kenya ...

LemFi, a London-based startup specialising in international payment services for immigrant communities in the UK, USA, Canada ...

On 9 January 2025, the Cabinet Secretary for National Treasury and Economic Planning unveiled the Virtual Assets Service ...

Central Bank of Kenya (CBK) report indicated that the average lending rate for commercial banks dropped to 16.89% in December ...

The industry’s non-performing loans (NPL) ratio remained largely unchanged at 16.5 percent in October 2024 from 16.7 percent ...

Firms that have forecast Kenya’s economy to grow less than five percentage points are Euromonitor International of UK (4.9 ...

Donald Trump's presidency brings significant uncertainty to AGOA (African Growth and Opportunity Act) and other Kenya-US ...

This move continues LemFi’s commitment to providing seamless and efficient services while complying with the regulatory frameworks set by the relevant authorities.

President William Ruto revealed that in 2024, Kenya received KSh 637.9 billion in diaspora remittances, noting that it is the ...

Saving can be a tough topic, especially in January, when households in Kenya are struggling with a myriad of financial obligations after a spending-free December. However, this topic is a necessary ...

Navigating mortgage options in Kenya can be a complex process, but understanding the various options available can help you ...