Simbisa had previously reported a 60% increase in Kenyan delivery orders during the six months to December 2025, alongside an 8% rise in US dollar revenue and a 12% increase in customer volumes
By Chrispho OwuorThe growth continued during the April-June quarter, when the number of subscriptions rose from 1.9 million in March to about 2.1 million by June. This means operators added roughly 170,000 5G users during the three-month period.
By Maureen KinyanjuiThe tender, referenced KTDA/125/2026, seeks an eligible firm to undertake the development, supply, installation, implementation, customisation, commissioning and ongoing support of the digital payment platform
By Chrispho OwuorNjoroge, who served as the ninth governor of CBK, was speaking in an interview on Monday, August 10, 2026, as he reflected on the challenges he faced during his tenure. He returned to Kenya after spending about 20 years at the International Monetary Fund (IMF), having previously worked at the Ministry of Finance. His appointment brought him back to a country he said had changed considerably during his long absence.
By Maureen KinyanjuiThe National Assembly passed the Finance Bill, 2026, in its Third Reading with 122 votes in favour against 40 nays. The vote is among efforts by the government to fund the Sh4.8 trillion budget for the 2026-27 fiscal year.
By Bradley BosireUnder the proposal, core transfer services will be exempt from VAT, while services such as cash handling, payment processing, settlement, merchant acquiring, gateway and aggregation services will still attract the tax.
By Bradley BosireAlthough the National Assembly has 349 members, the voting pattern has become more fluid due to political realignments that blur party lines.
By Bradley BosireGachagua also cautioned that MPs who skip the vote would be seen as taking a position against the interests of ordinary citizens, arguing that absence in such a decision cannot be neutral
By Bradley BosireThe CapitalPay Managing Director noted that Kenya’s digital transformation accelerated between 2008 and 2010, driven by increased access to mobile devices, internet connectivity, and innovative financial services
By Chrispho OwuorVisa highlighted that the initiative aims to address key financial challenges facing creators, including limited access to global payment systems, inconsistent brand payout structures, and exposure to fraud risks
By Chrispho OwuorSome participants also raised objections to taxes on betting winnings, saying such earnings are relied upon by many households as a source of income and should not be further reduced through additional deductions.
By Maureen KinyanjuiKenya Power says customer behaviour has already shifted strongly towards digital channels, with about five million interactions now recorded every month through its online platforms, including bill payments, fault reporting, and receipt access.
By Maureen KinyanjuiRigathi Gachgua argued that the government's projected expenditure of Sh4.82 trillion was disconnected from the realities facing ordinary citizens
By Chrispho OwuorKEPSA said the Finance Bill comes at a time when Kenya’s fiscal situation remains under pressure, with the National Treasury targeting Sh3.38 trillion in ordinary revenue collection for the 2025/2026 financial year. At the same time, businesses continue to face high production and operational costs.
By Chrispho OwuorAddressing the media on Monday , the CS said the government was correcting widespread misunderstanding of the proposals and insisted that many controversial measures circulating in public debate do not appear in the current Bill.
By David AbonyoSafaricom says M-PESA transaction value rose to Sh41.7 trillion and total transactions hit 46.4 billion. Payments revenue increased, while credit, wealth and insurance expanded and a record FY26 dividend was proposed.
By Chrispho Owuor