The Trading Room

The Mastercard Cashless program is powered by the company's global network, which connects over 90 million merchants globally.

The study offers an opportunity for the tax contribution of the Kenya banking sector to be quantified and analyzed so that policymakers can assess whether the operating environment is supportive of the sector.

A stronger dollar also weighed on oil prices as a firmer greenback makes oil more expensive for holders of other currencies.

Once completed, this acquisition will complement KCB Group’s regional footprint with an asset base of Kes. 1.5 Trillion (USD 12.6 billion) and is expected to strengthen the Group’s Retail and Corporate banking franchises.

Kacha vision for the mobile money market is driven by the Digital Ethiopia 2025 and the National Digital Payment Strategy which is expected to bridge the existing gaps in digital services provision.