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Pawapay

PawaPay Hits $1 Billion in Transactions, Expands Beyond Africa’s Big Four Economies

PawaPay, a leader in mobile money payment systems in Africa, has surpassed $1 billion in transactions. This is a major milestone for a company dedicated to enhancing mobile financial services across Africa. While PawaPay has gained prominence by working with Africa’s “Big Four” economies—Nigeria, Kenya, South Africa, and Egypt—its future strategy appears to shift toward…

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First Assurance

Tailored Insurance Solutions: How First Assurance is Tackling Kenya’s Market Penetration

In the ever-evolving world of insurance, companies must stay ahead of the curve by offering innovative products that address specific needs. First Assurance, a subsidiary of the Absa Group, is taking this approach seriously by introducing tailor-made insurance solutions to increase market penetration. By focusing on personalized products, the company is positioning itself to meet…

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Why Buy Treasury Bills

Treasury Bill Rates Decline Amid Potential Interest Rate Cuts: What Investors Need to Know

The recent decline in Treasury bill (T-bill) rates has sparked conversations among Kenyan investors and the broader financial market. The government’s decision to lower these rates follows a global trend of monetary easing, where central banks are cutting interest rates to stimulate economic growth. But what exactly does this mean for Kenyan investors? Let’s explore…

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Accrual Accounting

Kenya Transitions to Accrual Accounting: What Does it Mean?

Kenya’s move to accrual-based accounting is a significant step toward improving financial transparency and governance. This shift represents a modern approach to public financial management, where transactions are recorded when they occur rather than when cash is exchanged. The move offers Kenya several benefits, including better financial reporting and enhanced decision-making processes. However, as with…

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Inovate Omnicient Award

Omniscient Wins Prestigious Financial Inclusion Award

Omniscient, a prominent South African fintech company, recently received the Finovate 2024 Excellence in Financial Inclusion Award, recognizing its innovation in delivering financial services to underserved communities. This achievement highlights the growing importance of fintech in bridging the financial divide globally, particularly in developing markets like Kenya. Kenya too has made remarkable progress in financial…

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Starlink Introduces a More Affordable Mini Kit in Kenya: Game Changer for Rural Connectivity

Kenya’s internet landscape continues to evolve rapidly, and the latest player making waves is Starlink. A subsidiary of SpaceX, Starlink is known for offering satellite-based internet to regions with unreliable connectivity. Now, with its new mini kit, Starlink is making a bold move by lowering the cost of entry for consumers in Kenya. The newly…

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Trending News

PawaPay Hits $1 Billion in Transactions, Expands Beyond Africa’s Big Four Economies
PawaPay Hits $1 Billion in Transactions, Expands Beyond Africa’s Big Four Economies
Tailored Insurance Solutions: How First Assurance is Tackling Kenya’s Market Penetration
Treasury Bill Rates Decline Amid Potential Interest Rate Cuts: What Investors Need to Know
Superior Homes Unveils Ksh 30 Billion Ruiru Project, Paving the Way for Kenya’s Real Estate Boom