Technology

In his remarks, KRA Commissioner General, Humphrey Wattanga has said the eRITS system is a voluntary compliance tool that aims to support and enhance tax compliance.

The Assets Recovery Authority is conducting a complex money-laundering investigation into Flutterwave. Until now, it was unclear whether the company had regulatory approval to operate in Kenya.

Kodris Africa CEO Mugumo Munene said that the partnership with Safaricom would go a long way in initiating the subject in the education system in Kenya.

Sycamore Capital's mobile-based unit trust app Cashlet is gearing for launch in the Kenyan market to bridge the low savings culture in the country

The beta version of the Cashlet app is due to be released by mid-February 2022, but users can sign up now to join their Waitlist.

Huawei has nearly 30 years of expertise in the WAN field and will continue to build the competitiveness of its WAN products and solutions.

Let’s talk about Buy now pay later Going shopping is fun if you have the finance that is. But imagine, going shopping without the money and then someone pops up, get the...

M-PESA, the world’s leading mobile money service has today announced that it has reached 50 million monthly active customers strengthening its position as Africa’s largest fintech. Launched more than 14 years ago...

Huawei's ranking in the global top 500 enterprises has improved to 44th this year, up from 49th in 2020.  Huawei, the privately employee-owned firm, entered the list for the first time in...

Kenyan marketing platform Alfluence Inc has raised $1 million (Sh108 million) led by Dubai-based EQ2 ventures joined by Nigeria VC OUI Capital, Arabyads, Antler East Africa, and participation unnamed European family office....

Credit Fair, a consumer-lending fintech startup, has raised $15million as part of a seeding round led by two angel investors Alok Agarwal and Anand Ladsariya. The two investors have backed other startups...

Social media giant TikTok has taken a drastic step toward not only banning cryptocurrency influencers on its platform but all creators promoting financial services. These include, but are not limited to, cryptocurrencies,...

Google has rolled out three programs worth Kes. 642 million ($6 million) which are expected to support women and young entrepreneurs and innovators in at least 13 African countries. Under the first...

Over 1.3 million Safaricom customers have downloaded the M-PESA Super App while more than 100,000 businesses have downloaded the M-PESA for Business App.

Global payments giant, Visa, has partnered with Tala, a mobile lending service in emerging markets, with a particular focus in Kenya, to bring the USDC stablecoin to the underbanked population. The companies announced...

Google has notified all YouTube Content Creators that they will be subject to Withholding tax from their monthly earnings from June 2021. However, the new policy does not affect US-based creators. In an email...

Visa has announced the 2021 edition of the Everywhere Initiative. The initiative opens an innovation program that tasks start-ups and fintechs to solve the payment and future commerce challenges and enhance their...

Data obtained from Whale Alert, a crypto analytic tracker, revealed that an unknown BTC whale transferred 7,500 BTC worth $238,801,020 transferred from an unknown wallet to an unknown wallet. A growing number...

The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 90.224 after seeing an earlier low of 90.09.

Oil prices fell in the afternoon of Asia trading hours, with international benchmark Brent crude futures down 3.23% to $50.57 per barrel. U.S. crude futures also dropped more than 3% to $47.44...

Best solutions stand a chance to walk away with between Kshs. 1 million and Kshs. 4 million in the final slated for 17th November.

According to the report, Safaricom contributes 6 percent to Kenya’s GDP, though a slight decline from 6.3 percent registered in 2019.

According to CA, international incoming fixed voice traffic also fell by 11.8 percent to register 4.3 million minutes from 4.9 million registered in the last quarter.

Bank of Thailand's success with the government savings bond project is the latest example of how blockchain technology can redefine the way businesses operate by simplifying complex processes resulting in fast, transparent, secured and...

Huawei Kenya Chief Executive Officer Will Meng expects the partnership to further boost conviniency in delivery of financial services following the disruptions caused by COVID-19 pandemic.

The KES 20 price per newspaper includes data usage meaning a customer’s data bundle will not be consumed when reading through each paper.

Microsoft announced on Friday that it's co-founder Bill Gates is leaving the board, effective Friday. Gates is also stepping down from his position on the board of Warren Buffet's Berkshire Hathaway. "I...

Telecommunications company, Safaricom Plc has today officially announced a partnership with Kenya Breweries Limited (KBL) to connect and enhance its coolers. The connected coolers are wired with sensors which leverage on the...

Abojani Investment, a digital first personal finance management company that teaches investors on personal finance and investing in the stock market and money markets held it's first ever investment summit on Saturday....

Safaricom Shares slightly rallied by 0.71% but stabilized to 28.50 this morning after news on talks to acquire stake in Ethio Telecom went public today. Safaricom's Acting Chief Executive Michael Joseph yesterday...

The new Active Trader System of the Nairobi Securities Exchange is set to go live next Monday 14 October, 2019 bringing an end to a long wait for system change by traders...

National Carrier Kenya Airways yesterday announced that it will suspend its direct flights to Libreville and Cotonou as from 14 October ,2019. KQ said this was in line with their restructuring plan...

The study, carried out by former Central Bank of Kenya (CBK) governor Njuguna Ndung’u shows that Safaricom’s control of a large proportion of the mobile money market gives it incentive to restrict...