Central Bank of Kenya (CBK) News

Lamin Manjang, Chairman of the Kenya Bankers Association (KBA)

Kenya sets sights on green bonds after mobile phone issue

Kenya aims to issue its first ‘green’ bond this year, the initiative’s backers said on Friday, bolstering the nation’s reputation for financial innovation after the government launched the world’s first mobile phone bond earlier this month.

WSJ Africa Bureau Chief Joe Parkinson (Left), Kenya's Central Bank Governor Patrick Njoroge (Center) and Nigeria's Sovereign Wealth Fund's CEO Uche Orji (Right)

Kenya and Nigeria Officials Have Different Economic Outlooks (Videos)

Kenya’s Central Bank Governor Patrick Njoroge and Nigeria’s Sovereign Wealth Fund’s CEO Uche Orji discuss their nations’ growth prospects.

Bob Collymore, CEO, Safaricom

Safaricom's M-PESA has Kenya's government worried what happens in the event of a crash (Infographic)

At the time of M-Pesa’s launch in 2007, few could have conceived the mobile money service would be as ubiquitous and deeply entrenched in the lives of millions of Kenyans as it is today.

East African Community a bright spot amidst emerging markets gloom

East African Community a bright spot amidst emerging markets gloom

While many countries are registering a sharp slippage in economic growth, East African economies, Ethiopia included, are expected to deliver above 6 percent economic growth, the World Bank has said in its latest report.

US Federal Reserve Board building

How will US monetary tightening impact African markets?

The US Federal Reserve is set to tighten its monetary policy for the first time after the 2008 global financial crisis.

Patrick Njoroge, Governor of the Central Bank of Kenya (CBK)

Kenya appoints Patrick Njoroge as new central bank governor

Patrick Njoroge has been formally appointed as the new governor of the Central Bank of Kenya by the president after parliament approved the choice, the central bank said on its website.

Kenya's Equity Bank wins court battle to deploy thin SIM technology.

Kenya's Equity Bank wins court battle to deploy thin SIM technology

Equity Bank plans to roll out its thin SIM technology in Kenya after the High Court dismissed a suit on 29 May. In 2014, the Communications Authority (CA) allowed Equity Bank to implement the new technology on a one-year trial basis, through its Finserve Africa subsidiary.

Kenyan President Uhuru Kenyatta

Kenya's President Kenyatta said to be considering Haron Sirima as next Governor of the Central Bank of Kenya

Haron Sirima, Deputy Governor of the Central Bank of Kenya, is the favorite to succeed current Governor, Njuguna Ndung’u, when his term expires on March 3, according to two people with knowledge of the discussions.

Ian Bremmer, President, Eurasia Group

Kenya named Africa's best investment hub: Ian Bremmer, President, Eurasia Group

Kenya has been named the best African emerging economy to invest in due to accelerated infrastructure development and a stable political and macroeconomic environment.

M-PESA tries again in South Africa with more tailored approach

Can mobile money conquer new markets? M-PESA tries again in South Africa with more tailored approach

Since its launch in 2007 by mobile-phone giant Vodafone and local partners, M-Pesa has taken East Africa by storm.

Bob Collymore (Left), Safaricom's CEO, and Pamela Patsley (Right), MoneyGram International CEO

MoneyGram joins Western Union to partner with Safaricom, targeting over $1B in remittances sent to Kenya annually

Kenya’s Safaricom (SCOM.NR) and U.S. company MoneyGram International (MGI.O) have agreed a deal for money to be sent from abroad to Kenya through their money transfer services, targeting more than $1 billion sent in remittances every year.

M-PESA, Safaricom, Kenya

Kenya's Safaricom is ordered to share M-PESA agents with rivals

The Competition Authority of Kenya (CAK) has gazetted an order requiring mobile operator Safaricom to share its mobile money transfer agents with other telecommunication firms.

Thin SIM

Kenya regulator approves use of thin SIMs by new Mobile Virtual Networks Operators (MVNOs), including Equity Bank

The use of thin SIM technology has been approved in Kenya paving way for new Mobile Virtual Networks Operators (MVNOs) to use them for new services among them mobile money transfer.

Airtel Kenya

Airtel loses bid to force Safaricom to cut M-PESA fees

The Competition Authority of Kenya (CAK) says it doesn’t have jurisdiction to order Safaricom to cut M-Pesa cross network transaction fees.