How M-PESA Reduced Its Daily Cash Reversal Requests from 12,000 to 4,000
Safaricom has significantly reduced the number of daily M-PESA reversal requests from 12,000 to 4,000, a remarkable 67% drop, by refining its Hakikisha feature. The...
Equity Group to Boost Leather Industry in Kenya
Equity Group has pledged its support to farmers and traders in Kenya’s leather value chain, aiming to enhance the sector's growth and global competitiveness. The...
How to Invest in the Stanbic Bank Kenya MMF
The Stanbic Bank Kenya Unit Trust has emerged as a top-performing investment fund, recording an impressive 621% growth in assets under management. In just three...
4 Ways the KCB PAPSS Platform will Transform Cross-Border Payments
The Pan-African Payment and Settlement System (PAPSS), developed by the African Export-Import Bank (Afreximbank), is set to revolutionize cross-border payments and trade transactions across Africa....
KCB Bank Tanzania Invests TZS 500 Million in TMRC
KCB Bank Tanzania has invested TZS 500 million in the Tanzania Mortgage Refinance Company Limited (TMRC), officially becoming a shareholder in a strategic move to...
NCBA Group MD John Gachora Named InstinctBusiness CEO of the Week
John Gachora, the Group Managing Director of NCBA Group, has been recognized as the CEO of the Week by InstinctBusiness Magazine, a testament to his...
Why Kenyan Banks Are Pushing Back Against KRA’s System Integration Mandate
The Kenya Revenue Authority (KRA) is facing significant resistance from Kenyan banks over its directive to integrate financial institutions’ systems with its own. This push,...
How to Buy Diamond Trust Bank Shares on the NSE
Diamond Trust Bank (DTB) shares have reached a significant milestone, hitting a 52-week high of Ksh 83.25 during the latest trading session at the Nairobi...
How HF Group Will Benefit from Being Part of the MSCI Frontier Markets Small Cap Index
HF Group Plc has been included in the Morgan Stanley Capital International (MSCI) Frontier Markets Small Cap Index, a development that is expected to enhance...
Billionaire Baloobhai Patel Increases Co-op Bank Stake
Prominent Kenyan billionaire investor Baloobhai Patel has increased his stake in Co-operative Bank of Kenya (Co-op Bank) after acquiring an additional 8.8 million shares. The...