News
Absa Kenya Wins Best Retail Bank Award
5+ hour, 9+ min ago (443+ words) Absa Bank Kenya PLC has been recognised as the Best Retail Bank in Kenya by the Global Banking and Finance Review 2026, reflecting the bank's continued investment in customer experience, digital innovation and segment-led banking solutions. Over the last few years,…...
TECNO AI identified as Digital Economy Catalyst in Omdia Report
6+ hour, 39+ min ago (191+ words) TECNO has released a commissioned study by technology research firm Omdia arguing that localised artificial intelligence built for African infrastructure constraints, not global cloud-dependent models, is the most viable path to mass-market digital inclusion on the continent. "By integrating AI…...
Safaricom Hosts Spark Accelerator Demo Day To Support Innovation and Technology
5+ hour, 44+ min ago (365+ words) Safaricom has hosted the Spark Accelerator Program Demo Day, with nine startups pitching their businesses to leading investors and venture capital firms. Launched in 2024 after the restructuring of the Spark Fund, the Spark Accelerator programme was created to support visionary…...
KRA Is Rebuilding Tax Collection Around Phones, Data and e TIMS
1+ day, 3+ hour ago (993+ words) In Kenya's older tax structure, the easiest people to monitor were salaried workers and registered companies with fixed addresses, accounting departments and visible supply chains. That model is under pressure from a commercial environment increasingly built around mobile money, informal…...
The Siaya Nuclear Push Is Becoming an Industrial Strategy
2+ day, 1+ hour ago (731+ words) Budget estimates before Parliament show the State has allocated Sh80 million in the 2026/27 financial year for detailed siting work tied to the proposed nuclear power station in Siaya County. The funding will support engineering studies and technical screening as authorities narrow…...
Whats App Is Becoming a Commerce Layer for African Women
2+ day, 1+ hour ago (593+ words) Across Kenya and Nigeria, many small businesses no longer begin with a website, a storefront, or even a marketplace listing. They begin with a phone contact, a Whats App Status update, and a trusted network already built through family, community,…...
Juice Me Acquires Ajiraworks for Strategic Growth
3+ day, 6+ hour ago (219+ words) Nairobi-based workforce infrastructure company Juice Me has acquired Ajiraworks, a compliance-focused employment firm with operations in the UK and Kenya, in a deal structured to accelerate its continental expansion and deepen its employer of record capabilities. The transaction is an…...
Kenyan Crypto Firms Say New Regulations Could Reshape the Industry
3+ day, 1+ hour ago (482+ words) Industry executives say Kenya's virtual asset regulations are creating new pressure around banking, insurance, and licensing readiness Kenya's emerging framework for digital asset businesses is entering a more difficult phase as operators begin preparing for licensing, compliance, and oversight requirements…...
Kenya's Stablecoin Debate Is Moving Into Mainstream Financial Regulation
3+ day, 1+ hour ago (503+ words) Kenya's financial regulators are moving toward a function-based approach to stablecoin oversight, with officials indicating that digital asset products could be regulated under existing payment, banking, or capital markets frameworks depending on how they are used. The discussion placed stablecoins…...
Stablecoins Enter African Merchant Payment Flows
3+ day, 6+ hour ago (740+ words) The company's presentation frames stablecoins as part of a broader treasury and settlement problem rather than a standalone crypto product. Its central proposition is straightforward: consumers should be able to pay with whichever method they prefer, while merchants retain control…...