Virtual Pay Obtains a License from CBK to Operate in Kenya
Virtual Pay plans to collaborate with all sector players in the market including banks, nonbank financial institutions, major card schemes, etc., to scale their operations in the country.
Market Report: June 02, 2022
The derivatives exchange the NSE (NEXT) had 6 single stock futures valued at Kes 114,700 transacted during Thursday’s trading session.
Trending news
Kakuzi Plc Joins the List of NSE Firms Issuing Profit Warning for 2023
In a statement released to the shareholders, Kakuzi said that it expects its net earnings for 2023 to be at least 25% lower than those of 2022.
Uber and Safaricom Partner to Launch M-PESA Payments and Disbursements
Uber and Safaricom Plc have today launched a partnership that will see riders across Kenya pay for trips through M-PESA.
Sama Identifies Kenya as an Ideal Machine Learning Investment Destination
In 2020, Sama became the first AI data labeling company to receive B Corp Certification, formally committing to create a positive impact for employees, communities, customers, and the planet.
KCB signs African Cross-Border Payment deal to Support Customers in Africa.
KCB Group CEO, Paul Russo said this platform will guarantee speed, affordability, and reliability of transactions, effectively boosting intra-African trade and payments.
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Corporate news
Twitter Board Accepts Elon Musk’s Acquisition Offer.
Twitter, Inc. today announced that it has entered into a definitive agreement to be acquired by an entity wholly owned by Elon Musk, for $54.20 …
Oil Prices Hold Near $104 as China, japan Post Weaker Economic Data.
Oil prices eased on Wednesday, giving up earlier gains, after China and Japan reported weak economic data, fueling concerns about growth and oil demand in the world’s top consumers.
Equity Group announces a total $1.6Billion DRC investment commitments by 26 Kenyan Companies
26 Kenyan companies have committed trade investments worth $1.6Billion in the Democratic Republic of Congo. The 26 traders are part of the Kenya delegation that …
In the Headlines
Kakuzi Plc Joins the List of NSE Firms Issuing Profit Warning for 2023
In a statement released to the shareholders, Kakuzi said that it expects its net earnings for 2023 to be at least 25% lower than those of 2022.
Uber and Safaricom Partner to Launch M-PESA Payments and Disbursements
Uber and Safaricom Plc have today launched a partnership that will see riders across Kenya pay for trips through M-PESA.
Sama Identifies Kenya as an Ideal Machine Learning Investment Destination
In 2020, Sama became the first AI data labeling company to receive B Corp Certification, formally committing to create a positive impact for employees, communities, customers, and the planet.