digital finance Stories

Increased digital finance adoption falls short of household resilience goals – report
Alfred Onyango  |  Jul 12, 2025

The current strategies and approaches used in promoting digital finance with a focus on savings are being shadowed by gaps in the borrowing space, sig...

Economic hardships, not just high interest rates, driving digital loan defaults among Kenyan youth
Alfred Onyango  |  Jul 10, 2025

Despite their current challenges, most respondents said they do not intend to default permanently, expressing fear of being blacklisted by the Credit...

Kenya moves to shield consumers from online market abuses with tough new bill
Lucy Mumbi  |  Jul 07, 2025

CAK boss David Kem noted that digital platforms have increasingly become hotspots for sophisticated anti-competitive practices, with businesses using...

New law lets KRA pursue digital, rental and employment taxes from non-residents
Lucy Mumbi  |  Jul 07, 2025

The new provisions empower KRA to pursue taxes from persons who are not based in Kenya but earn income subject to taxation under Kenyan law, including...

CBK: Gaps in digital lending sector fuel risk of money laundering, terror financing
Lucy Mumbi  |  Jul 07, 2025

While 71 per cent of digital lenders screen their customers against global sanctions lists and 62.7 per cent offer some form of staff training, only 4...

Pension plan uptake soars amid growing awareness among informal workers
Maureen Kinyanjui  |  Jul 05, 2025

The CPF Individual Pension Scheme, designed for the self-employed and informal sector, posted notable performance.

ICT Authority of Kenya calls for public feedback on draft fibre optic and public Wi-Fi standards
Margaret Wanjiru  |  Jul 02, 2025

The ICT Authority called on citizens, experts, and stakeholders to submit feedback on proposed national guidelines for fibre optic networks and public...

Kenya under fire over alleged enforced disappearance of Gen Z digital activist Ndiangui Kinyagia
Lucy Mumbi  |  Jun 29, 2025

Rights groups argue that his continued incommunicado detention constitutes an enforced disappearance and a serious violation of the Constitution.

Interpol sounds alarm as cybercrime surges in East Africa amid digital boom
Mary Wambui  |  Jun 27, 2025

According to Interpol, the surge in online scams is closely linked to Africa's accelerating digital transformation, which has allowed criminals to cap...

Kenya moves closer to crypto regulation as MPs back joint oversight of digital asset sector
Maureen Kinyanjui  |  Jun 26, 2025

The National Assembly’s Finance Committee has recommended that five government agencies jointly supervise virtual asset service providers (VASPs), mar...

CBK extends operating hours for high-value transactions by four hours, starting July 1
Alfred Onyango  |  Jun 18, 2025

New operating window will span from 7:00 am to 7:00 pm on all business days, four hours longer than the current schedule of 8:30 am to 4:30 pm.

Courts in Isiolo, Marsabit among 42 set for digitisation in Sh250 million tech upgrade
Lucy Mumbi  |  Jun 15, 2025

The digitisation project will also allow courts to manage cases electronically, conduct video hearings and streamline communication among staff and st...

Garissa health facilities receive over 1,000 tablets in digital health push
Issa Hussein  |  Jun 13, 2025

Duale expressed concern about the low SHA registration in Garissa County, where he said only 150,000 residents registered against the targeted number...

Stakeholders gather in Garissa to tackle ASAL education challenges, explore tech solutions
Issa Hussein  |  Jun 13, 2025

Various stakeholders emphasised the need to empower teachers to implement technology in the classroom, noting that adequate training and support are e...

Kenya expands fibre network to 13,590km in 2025, boosting digital access and govt services
Margaret Wanjiru  |  Jun 12, 2025

The fibre expansion forms a backbone for key government digital services such as health, education, and identity systems, while also boosting the digi...

Sh12.7bn allocated to digital superhighway as Treasury trims ICT budget in 2025/26
Margaret Wanjiru  |  Jun 12, 2025

The digital superhighway, a flagship pillar under the Bottom-Up Economic Transformation Agenda, aims to foster inclusive economic growth by expanding...

From stalls to screens: Eastleigh traders power quiet digital revolution through social media
Mary Wambui  |  Jun 15, 2025

From modest corner shops to multi-million-shilling wholesalers, businesses here are increasingly turning to social media to attract a broader and more...

CBK expands list of licensed digital lenders as review of 700 applications continues
Lucy Mumbi  |  Jun 05, 2025

In a statement on Thursday, CBK said the approvals are part of an ongoing review of over 700 applications it has received since March 2022.

Kenya to fully digitise pension payments by July 2025 to combat fraud
Maureen Kinyanjui  |  Jun 05, 2025

CS Mbadi told the Senate on Wednesday that the current manual system has not only delayed pension disbursements but has also exposed retirees to sophi...

Court releases Rose Njeri on bond amidst controversy over crackdown on digital dissent
Carolyne Kubwa  |  Jun 03, 2025

Milimani Principal Magistrate Geoffrey Onsarigo directed that the matter be mentioned on June 20, 2025, when the court will determine whether Njeri wi...

Kwale County launches digital revenue system to modernise payments, boost efficiency
Farhiya Hussein  |  Jun 02, 2025

Governor Fatuma Achani said the digital transformation will greatly improve how the county collects revenue, making the process easier especially for...

Rose Njeri’s arrest sparks outrage over digital freedoms and police abuse in Kenya
Lucy Mumbi  |  Jun 02, 2025

Njeri's detention has triggered a storm of online outrage and drawn support from rights defenders who accuse the government of targeting civic tech in...

Auditor-General warns of budget delays disrupting government services
Maureen Kinyanjui  |  May 28, 2025

According to her, the impact is felt across multiple government levels, with delayed spending leading to rushed and inefficient project implementation...

IOM encourages Eastleigh community to embrace digital finance for smarter money management
Abdirahman Khalif  |  May 26, 2025

Many residents in Eastleigh receive financial support from relatives abroad, and the event aimed to offer them practical information on safer and more...

Music meets politics: Content creators slam Gachagua’s call to boycott musicians who met Kindiki
Lucy Mumbi  |  May 26, 2025

The Digital Content Creators Association of Kenya accused the former Deputy President of attempting to silence artistic voices and weaponise culture f...

Building Kenya’s financial future: Wealth through smart saving and spending
Margaret Wanjiru  |  May 26, 2025

According to Thakar, the antidote to lifestyle creep is developing a disciplined financial mindset focused on delayed gratification and prioritising l...

Work anywhere, live everywhere – Inside the rise of the young digital nomads
Margaret Wanjiru  |  May 25, 2025

Improved access to remote jobs, better tech infrastructure, and a hunger for lifestyle freedom are driving the movement, especially among Gen Z and mi...

The gentle rebellion: Why more Kenyans are embracing tech-free weekend getaways
Margaret Wanjiru  |  May 17, 2025

Going off-grid with someone who is constantly glued to their phone will absolutely defeat the purpose of your tech-free weekend.

State slashes digital transfer tax to 1.5 per cent to boost tech sector
Lucy Mumbi  |  May 12, 2025

Ruto said the move is part of broader efforts to create a pro-business environment that supports start-ups, Micro, Small, and Medium Enterprises (MSME...

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