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Second Big Cryptocurrency Exchange Goes Bankrupt Following FTX’s Recent Collapse.

On May 8, 2023, Bittrex, a major cryptocurrency exchange, filed for bankruptcy, making it the second…
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New Mandate Requires Property Agents to Remit Rental Income Taxes Within 24 Hours.

In the latest development pertaining to the Finance Bill of 2023, property agents will now have an a…
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Kenyan Government Plans to Boost Domestic Revenues by Taxing Digital Assets.

Kenya is eyeing the flourishing digital economy to bridge its fiscal deficit and increase its domest…
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Zimbabwe Launches Gold-Backed Digital Currency to Supplement Existing Monetary System.

The Central Bank of Zimbabwe has announced the launch of a new digital token that is backed by gold …
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Kenyan Government Unveils Proposed Finance Bill 2023: Here’s What You Need to Know.

On Thursday, 4 May 2023, Kenyan government led by president William Ruto through the National Treasu…
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Millions of African mobile wallet users to benefit from Western Union & MFS Africa partnership for cross-border money transfers.

MFS Africa and Western Union have teamed up to enable individuals and businesses across Africa to re…
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One of the world’s leading financial firms to set up regional office in Nairobi.

J.P. Morgan one of the leading banks, has now decided to set up a regional office in Nairobi, which …
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I&M Bank waives bank to Mpesa charges in response to customer feedback.

I&M Bank has waived bank to mobile money wallet charges on its digital banking platform, I&M…
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Old Mutual Investment Group launches a new Private Wealth Management service tailor made for High-Net-Worth Individuals.

Old Mutual Kenya launches Private Wealth Management Service for High-Net-Worth individuals seeking a…
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Telkom to integrate its mobile money service “T-Kash” with local commercial banks

With mobile phones widespread among Kenyans, getting access to banking services is within reach. Thi…
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