This is really great news! Kenya Commercial Bank (KCB), Kenya’s largest bank in terms of assets has just announced a tender for an internet acquiring gateway via its web site. The tender for the gateway clearly indicates that KCB plans to be one of the first banks in Kenya to

In an obvious move to stay relevant (and competitive) against the growing dominance of mobile payment services in the form of Safaricom’s M-Pesa and Zain’s Zap, Western Union has massively lowered its money transfer rates within Kenya to just 2% of the value being transferred. The new rate applies to

The Central Depository and Settlement Corporation (CDSC) operates the Central Depository System (CDS) in Kenya for securities listed on the Nairobi Stock Exchange (NSE). The CDSC is also charged with the management of the daily delivery and settlement of transactions carried out at the NSE. It has been reported in