CBK tips new digital shilling to take on high M-Pesa charges

CBK tips new digital shilling to take on high M-Pesa charges

The proposed Central bank digital currency (CBDC) will help bring down the transaction fees currently charged on digital payments in what could make it the biggest competitor to Kenya’s mobile money sector. The banking regulator says the virtual currency that will be exchangeable on a one-to-one basis with physical cash would work in a similar […]

Kenya – Low-Cost ISP Poa! Internet Bags U.S.$28 Million in Funding to Expand Its Coverage Across the Country

Kenya – Low-Cost ISP Poa! Internet Bags U.S.$28 Million in Funding to Expand Its Coverage Across the Country

There is a small group of African ISPs that are doing the ‘heavy lifting’ of addressing lower income customers. poa! Internet is one of them and it has just raised US$28 million to increase its scale. Russell Southwood spoke to CEO Andy Halsall about what the company has planned and the current state of the […]

Africa: Kenya - Low-Cost ISP Poa! Internet Bags U.S.$28 Million in Funding to Expand Its Coverage Across the Country

Africa: Kenya – Low-Cost ISP Poa! Internet Bags U.S.$28 Million in Funding to Expand Its Coverage Across the Country

London — There is a small group of African ISPs that are doing the ‘heavy lifting’ of addressing lower income customers. poa! Internet is one of them and it has just raised US$28 million to increase its scale. Russell Southwood spoke to CEO Andy Halsall about what the company has planned and the current state […]

NSSF taps Safaricom to drive up pension savings

NSSF taps Safaricom to drive up pension savings

•According to NSSF Managing Trustee, Anthony Omerikwa, the demand for NSSF services has gone beyond formally employed people to entrepreneurs. •Customers can register for NSSF membership, keep track of their contributions, top up and manage their NSSF account. Safaricom Chief Financial Services Officer Sitoyo Lopokoiyit, NSSF Managing Trustee Antony Omerikwa and Safaricom Chief Enterprise Business […]