The report also said that Equity Bank had secured a license to provide remittance services in partnership with an Ethiopian lender
Following the end of the revenue collection contract by JamboPay, the county asked its clients to use the *235# code to pay for services. But the system could not pick up immediately since day one with just a few people succeeding to complete payment.
It is now impossible to convert Kenyan currency to Tanzanian currency. This follows a decision by the Bank of Tanzania to suspend exchange on Friday June, 7 in a bid to stem what they called illicit financial flow. The Tanzanian bank acted at the behest of the Central Bank of
JamboPay refused to renew its contract with the Nairobi County Government after it expired on April 7, 2019. The e-revenue collection system was used by the county government since 2014 and had helped stem the pilfering of funds
The executives in this list are drawn from fully fledged banks and one financially leaning institution, and the earnings are a combination of basic salary, bonuses and allowances.
Cellulant processes at least 12 percent of digital payments in Africa through its platform that connects over 120 banks in 13 countries. The company was servicing 34 countries on the continent by 2017.
A report by the Egyptian investment bank EFG Hermes shows that Sub-Saharan Africa still leads in the uptake and use of mobile money and digital banking services. The report dubbed Mobile: Deepening Financial Inclusion But at a High Cost shows that Kenya, Rwanda and Ghana are perched at the top
You may be aware that the Central Bank of Kenya (CBK) and President Kenyatta unveiled new Kenyan currency notes during the recent Madaraka Day fete in Narok. This move was seen by many as a step ahead of corrupt cartels hoarding billions of shillings in their houses. The government gave
This is the Forbes list of 10 largest companies in Africa 2019. The list is determined by various parameters including asset base. Therefore, the largest company may not necessarily be the most profitable
This is the list of the top 10 largest companies in the world according to Forbes. The list is determined by various parameters including asset base. Therefore, the largest company may not necessarily be the most profitable company in the world