Impact of Market Orders on Stock Prices Explained
A market order is one of the simplest ways to buy or sell stocks. Whenever you place a market order, you instruct your broker to buy or sell a stock [...]
Binance Faces Tax Evasion Charges in Nigeria as Executive Flees
The Nigerian Federal Government filed tax evasion charges against Cryptocurrency giant Binance on Monday, according to media reports. Any company that transacts business above N25 million annually is deemed by [...]Could Kenyan Consumers be Borrowing to Repay Their Loans?
Tala Money March report, a research conducted among consumers to understand the impact of cost of living and how credit is helping them, shows that Kenyans could be borrowing to [...]Kenya Licences Four Electronic Certification Providers
The government has licensed four electronic certification providers (E-CSPs) and is considering nine others, as it seeks to secure online transactions through verifiable digital signatures. “Trust is the foundation of every ecosystem and [...]Yellow Card and Coinbase Partner to Expand Access to Digital Assets in Africa
Yellow Card and Coinbase have partnered to expand and simplify access to digital currency backed by US dollar (USDC) and digital assets in Africa. Together, by combining Yellow Card’s regional [...]US Regulator Approves Spot Bitcoin ETFs
In a landmark decision on January 10, 2024, the U.S. Securities and Exchange Commission (SEC) approved the listing and trading of spot bitcoin exchange-traded products (ETPs). The turning point was [...]MPs Push for More Cuts in Mobile Call Rates
Members of Parliament (MPs) in the Communications, Information, and Innovation Committee of the National Assembly are pushing the Commission Authority of Kenya (CAK) to make further cuts in the mobile [...]
HoneyCoin announces launch in Europe, partners with licensed VASP Institution MYKOBO
HoneyCoin, a rapidly growing cross-border web3 super app, has announced its partnership with MYKOBO, paving the way for its launch in Europe. The partnership aims to empower users across all [...]
Cyber Threats Detected in Kenya Falls 25.6% to 139.8 Million-Report
Cyber threats detected in Kenya declined to 139.8 Million at the end of June this year from 187.8 million cases at the end of March 2023, according to the latest [...]Kenyan Blockchain Association Challenges Legality of New Digital Asset Tax
The Blockchain Association of Kenya has submitted a petition challenging the legality of the Digital Asset Tax (DAT), set to go into effect on September 1, 2023. The DAT, introduced [...]Smartphone Global Shipments to fall 4.7% to 1.15 Billion Units in 2023
Smartphone shipments Worldwide are expected to decline by 4.7% in 2023 to 1.15 billion units, the lowest volume in a decade, according to the latest forecast announced by International Data [...]Kenya Suspends Worldcoin Amidst Data Breach Concerns
The Kenyan government has suspended all activities associated with the cryptocurrency project Worldcoin in the country following data breach and privacy concerns. The country's Interior Cabinet Secretary Kithure Kindiki said [...]
