Kenya
Kenya’s YU mobile network to enter Uganda.
Kenya’s YU mobile network is set to go regional by starting operations in Uganda later this year. India’s Essar Group, and owners of Essar Kenya Limited who operate the YU mobile network have been granted a license to operate in Uganda. It would seem logical to make YU an East
Western Union lowers money transfer charges to just 2% in Kenya.
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
CDSC to create online system for NSE’s CDS account holders
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