Data Regulator Fines SBM Bank KShs. 450,000 for Privacy Breach
The Office of the Data Protection Commissioner (ODPC) has fined medium sized lender SBM Bank Kenya, the local subsidiary of ...
Kenya Seeks Germany’s Commitment on Increased Financing for World Bank Fund
Kenya will seek Germany's commitment on increasing its financing to "support Africa's ambition to meet its climate and development goals," ...
Compliance with Data Protection Laws Wanting -Data Commissioner
Data Commissioner Immaculate Kassait has decried the low compliance of data processors and controllers with data protection laws despite growing ...
Tax Tribunal Rules Against Car & General on Subsidiaries’ Profits
Car & General has been barred from using profits from its two subsidiaries - Watu Credit and Cummins C&G Joint ...
Aliko Dangote Challenges Business Leaders to Lead Continent’s Transformation
Aliko Dangote, one of Africa's richest serial entrepreneurs, has called on his fellow business leaders to "take the lead in ...
Sacco Membership Grows to 6.84mn Despite 2 Deregistrations
The membership of regulated saccos increased last year to 6.84 million from 6.42 million members reported in 2022, despite a ...
Zambian Neobank Lupiya Outsources Card Product to Network
Zambian fintech and neobank Lupiya has appointed Network as its digital payments technology partner to launch a new debit card, ...
European Central Bank Cuts Rates to 3.5%
The European Central Bank (ECB) has cut its key interest rates by 0.25 percent in its meeting on Thursday, just ...
US Inflation Slows to 3-Year Low in August Ahead of Fed Meeting
Inflation in the United States (US) softened in August, raising hopes of a gradual rate cut of 25 basis points ...
Liquid Intelligent Technologies Upgrades 1, 300kms Mombasa-Busia Fibre Route
Liquid Intelligent Technologies, an arm of Cassava Technologies, has upgraded the 1, 300km fibre route between Mombasa and Busia. In ...