KCB Group Plc has announced plans to acquire a minority stake in Pesapal Limited, a leading payment service provider licensed by the Central Bank of Kenya (CBK). In a statement dated October 31, 2025, the lender said it had entered into an agreement to invest in Pesapal, marking a strategic […]
Year: 2025
The Kenya Revenue Authority (KRA) has cautioned the public against engaging with its customer service account on X (formerly Twitter) after it was hacked by unknown individuals. In a statement released on Friday, October 31, KRA said its official handle, @KRACare, had been compromised and renamed “@Standx_Officiel” by the hackers, […]
Music isn’t just something Gen Zs and young millennials listen to, it’s how they connect. Spotify’s Blend feature is fueling this connection, merging the listening habits of one or more friends into one evolving playlist that updates daily. It’s become the new language of friendship, and it’s catching on fast […]
The sixth edition of Pwani Innovation Week (PIW) 2025 has officially kicked off in Mombasa, bringing together youth, innovators, policymakers, and development partners to drive inclusive growth and sustainability across Kenya’s coastal region. Held under the theme “Pwani Re-Imagined: Youth Agency, Innovation & Sustainability of Coastal Economies,” this year’s forum […]
The Co-operative Bank of Kenya has introduced a new unsecured digital overdraft facility called “Kamilisha”, positioning itself to compete closely with Equity Bank Kenya’s “Boostika” and Safaricom’s “Fuliza” services. According to the bank, the new product allows individuals and businesses to complete transactions even when their account balance is insufficient. […]
BNI, one of Nairobi’s most dynamic business networking communities, will host an exclusive Financial Literacy Dinner on Friday, 7th November 2025, at the Movenpick Hotel, Nairobi. Themed “Money, Money Everywhere, and Nothing in the Pocket,” the event seeks to spark open and honest conversations around financial literacy, wealth […]
Zoho, a global technology company, today announced the launch of new agentic AI features across three key product categories—collaboration, customer experience, and human resources. These new capabilities are designed to help businesses enhance productivity, automate routine tasks, and focus on higher-value work. The features are available immediately at no additional […]
October 16th, Berlin, Germany Malengo, a non-profit organization enabling international educational migration and economic empowerment for young people from East Africa, today announced it has secured $12.9 million in funding from The Shapiro Foundation. Structured as an innovative impact investment, the funding will allow Malengo to significantly expand its vocational training and […]
The Central Bank of Kenya (CBK) has withdrawn the authorisation of PayU Kenya Limited as a licensed Payment Service Provider (PSP) following the company’s decision to voluntarily cease its operations in the country. In a statement, CBK said PayU, which was licensed on March 23, 2023, applied to terminate its […]
OPPO Kenya has today announced the launch of its latest addition to the A series device range, OPPO A6 Pro, in the Kenyan Market. Designed to deliver powerful performance and endurance, the A6 Pro series delivers flagship-level durability, smart performance, and long-lasting battery life. “In today’s world, smartphones have become […]
