The Central Bank of Kenya (CBK) has announced plans to cap the charges on person-to-person mobile money transfers. The decision is likely to shake-up the business model of dominant players like Safaricom’s M-Pesa and Airtel's Airtel Money.At the heart of the move is a concern that Kenyans still use
Tag: Kenya economy
Ruto Woos American Investors
Kenya is a safe and secure destination for your investments, President William Ruto has assured American investors.The President said Kenya’s macro-economic fundamentals make it the ideal investment destination for American corporations seeking business opportunities in Africa.“We offer stability, world-class talent, green energy, and dependable connectivity, just the qualities investors seek,”