Vodacom Rules Out M-PESA Split, Defying Regulatory Pressure
Vodacom Group, the parent company of Safaricom PLC, has firmly rejected the possibility of splitting its lucrative M-PESA fintech platform ...
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Tag: cbk
Payment Switch Companies exempted from 16% VAT
Kenya’s Tax Appeals Tribunal has delivered a landmark victory to the nation’s payment switch industry, ruling that their services are ...
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Kenya’s Bank Lending Spread Widens to Multi-Year High Despite CBK Rate Cut to 9.25%
The gap between what Kenyan banks charge for loans and what they pay for savings is currently at a nine-year ...
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CBK Skips Dividend Payout to Treasury for the First Time since 2018
For the first time in seven years, the Central Bank of Kenya (CBK) will not to pay dividends to the ...
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Kenya`s Credit Rating Improves to a “B” Amid Fiscal Provocation.
Kenya`s score on the credit rating was upgraded to B from a previous B- on August 22, 2025 by S&P, ...
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EPRA`S Review: Super Petrol Reduce by 1 Shilling, Diesel Unchanged.
The latest fuel price review show that Energy and Petrol Regulatory Authority (EPRA) has decreased the prices of petroleum products ...
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Nine Major Banks Dominate Profit Share at 90%
In 2024, around 90 percent of the banking industry's profitability was recorded by nine big banks labelling a sign of ...
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CAK to Scrutinize Digital Lenders on Consumer Exploitation Claims
For the first time, the Competition Authority of Kenya (CAK) has been compelled to seriously get to the bottom of ...
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