Could mVisa spark a Mobile money war with other service providers in Kenya?
Visa announced today that consumers of a Visa-led bank partnership in Kenya will be able to send money to each other domestically without paying transaction fees using mVisa. Consumers can use mVisa to send money directly from their bank to a recipient’s bank account regardless of whether they use a smart phone or feature phone. The partnership offering More...
Kenya’s whirlwind weekend underscores election uncertainties
A series of unrelated but important events the past few days could have significant repercussions for the tightening race. President Uhuru Kenyatta’s lead in the polls over Raila Odinga has narrowed from a high More...
Kenya Imposes Curfew After Nine People Beheaded in Coast Attack
Bloomberg: Kenya’s internal-security ministry imposed a dusk-to-dawn curfew in three districts it described as “dangerous and disturbed,” after violence including the beheading of nine people by suspected More...
High Taxation on remittance hinders Diaspora Contribution -East Africa
Tanzania and Rwanda are the most expensive countries in the region to send money to from the United Kingdom, a position that has been hindering growth in diaspora remittances. Tanzania is the second most expensive More...
Pockets of promise: seven African countries to watch
The Economist Intelligence Unit (EIU) in April hosted a webinar – titled ‘Sub-Saharan Africa: At a turning point?’ – that analysed the region’s opportunities and challenges. Sub-Saharan More...
Fred Matiang’i appointed acting Interior CS – Kenya
Kenyan President Uhuru Kenyatta appointed Fred Matiang’i as acting interior secretary to replace Joseph Ole Nkaissery, who has died suddenly. The replacement was named to avoid a vacuum in leadership as the country More...
Kenya interior CS Gen Nkaissery dies in hospital after a short illness
Kenya’s interior minister has died in hospital, the government said on Saturday, a month before the country is due to hold national elections. “It is with deep sorrow and shock that we announce the sudden More...
Dr Mukhisa Kituyi spells 4-year vision, pledges fair trade between nations
The implementation of the Maafikiano Agreement will be Dr Mukhisa Kituyi’s priority as he starts the next four-year term at the helm of UNCTAD. His term was secretary-general of the UN Conference on Trade More...
Islamic finance provides Kenyans with cushion against drought
Hamara Hujale tries to keep an eye on two squirming children and a pot of simmering ugali – a white doughy dish – as she reaches for her buzzing phone. After speaking a few words, she hangs up and scribbles More...
Murder Part of Drama at Kenya Sugar Miller Up 50% in a Month
The company’s chief executive has fled the country. Its legal officer was killed in an unsolved murder case. Operations are shut for three months for maintenance and mounting losses mean it needs a bailout from More...
