Friday, May 20, 2022

First Shariah-compliant mobile loan debuts in Kenya

Safaricom and premier Shari'ah-compliant bank, Gulf African Bank, have partnered to launch Halal Pesa, a Shari'ah-compliant mobile financing product in Kenya.

Absa ranking puts Kenya’s green financing on the continental map

Kenya is ahead of the pack among nine African countries in the Absa Africa Financial Markets Index 2021 that have introduced products...

Digital shift that is defining the future of banking

From health to the digital space, 2020 will go down in history as a year that was like no other.

Tax law sees banks shoulder heavy cost of loan defaults

A study of the total tax paid by banks in Kenya is raising questions about the treatment of particular payments to the...

Absa trailblazes social banking revolution in Kenya

As Kenya entered into lockdown in March last year due to Covid-19, innovative firms and shops turned to messaging service WhatsApp to...