… To remain competitive and efficient, most SMEs in Kenya are now leveraging technology, with most of them embracing mobile payments like M-Pesa to streamline operations and improve cash flow. …
… The court further directed Safaricom to pay ongoing royalties equivalent to 0.5 percent of its gross M-Pesa revenue every financial year beginning on March 31, 2025, for as long as it continues to operate the disputed service or any substantially similar parent-controlled account …
… The judge further directed Safaricom to pay the businessman royalties amounting to 0.5 per cent of M-Pesa revenue for every financial year beginning March 31, 2025, for as long as the service or any similar platform remains in operation. …
… A number of home-grown brands have turned mobile-first sports betting into a mass-market product, riding the wave of M-Pesa adoption and a deep cultural attachment to football. …
… y during a media briefing in Nairobi, on April 30, 2026. [Benard Orwongo, Standard] Kenya has made huge strides in the digital revolution, as evidenced by the use of multiple social media platforms, fintech, edutech, medtech and the country’s flagship mobile money platform M-Pesa …
… Kenya has built a global reputation for financial technology innovation through platforms such as M-PESA, which transformed mobile money transactions and shaped digital finance models in other regions.“M-PESA not only changed how money moves in this country, it has served as a bl …
… The government moved the Older Persons Cash Transfer (OPCT) programme to M-Pesa after physical bank collections exposed elderly recipients to robbery. …
… tors and policymakers, as industry players push for deeper integration with traditional finance.The discussions reflect growing overlap between stablecoin infrastructure and existing payment systems such as mobile money, which dominates retail transactions in Kenya through M-Pesa …
… Ruto highlighted Kenya’s status as a technological leader, citing innovations such as M-Pesa and the “Silicon Savannah” as proof of the country’s potential. …
Samsung Electronics has partnered with local retailer Housewives Paradise to launch the Samsung Brand Store, a mobile-focused digital platform designed to reach Kenyan shoppers. The platform offers exclusive inventory, curated product bundles, and extended warranties to deepen customer relationships in a market with growing mobile internet penetration.
Samsung Electronics has partnered with local retailer Housewives Paradise to launch the Samsung Brand Store, a mobile-focused digital platform designed to reach Kenyan shoppers. The platform offers exclusive inventory, curated product bundles, and extended warranties to deepen customer relationships in a market with growing mobile internet penetration.
A diaspora perspective argues that Kenya has built credible foundations but sits in the lower-middle-income bracket and is not yet ready to achieve first-world living standards, which require high per-capita income, reliable utilities, functional healthcare, competitive education, low corruption, and functional infrastructure.
Safaricom has reduced charges on transferring funds from M-Pesa business tills to mobile wallets and Paybill numbers by as much as 50 per cent, effective 7 August 2026, aligning with Central Bank of Kenya pricing principles and providing relief for small traders and consumers.
Safaricom shareholders approved a final dividend of Ksh.1.15 per share for the financial year ended March 31, 2026, bringing the total annual dividend to Ksh.2.00 per share—the largest payout in the company's history. The announcement comes as Safaricom's share price rose 50.3 per cent during the year, lifting the company's market value to Ksh.1.10 trillion by March 31, 2026.
Safaricom is investing billions of shillings to embed artificial intelligence into its products and services across financial services, healthcare, content streaming, agriculture, and government payments, as part of a strategy to transition into Africa's leading AI-driven technology service provider by 2030.
Kenya's over 250 licensed digital credit providers have grown to a loan book exceeding microfinance banks' portfolios, with around eight million Kenyans using their phones for credit. Digital lenders assess borrowers on real-time behavioural signals and transaction patterns rather than historical documents, a method the article argues proves more effective than traditional credit committee approaches.
South African companies are increasing their stake in Kenya's financial sector through investments in NCBA, Safaricom, and Absa Bank Kenya, after previous retail ventures like ShopRite and Massmart failed in the market.
More Kenyan gamblers are moving to platforms licensed in Norway, drawn by what they describe as fairer odds, transparent terms, and tax-free winnings, reflecting awareness of regulation and player protection.
Esther Waititu, Safaricom's Chief Financial Services Officer, has spoken publicly following her departure announcement, saying "the time feels right for a new chapter" after nearly three years leading the company's financial services business, which includes M-PESA.
SACCO Societies Regulatory Authority data shows regulated saccos disbursed Sh2.79 billion in medical loans in Q1 2026, a 31 per cent increase from Sh2.13 billion in Q1 2025. This opinion piece argues the surge reflects weakened community safety nets and signals a troubling shift in the cooperative movement's role away from building economic resilience toward managing immediate healthcare crises.
Wiper Party leader Kalonzo Musyoka has criticised the government's sale of a 15 per cent stake in Safaricom PLC to Vodacom as an "economic abduction," raising concerns over transparency, valuation, and constitutional compliance, and questioning why the sale was completed while a constitutional petition remained pending before the High Court.
The U.S. Embassy in Nairobi hosted a reception marking the 250th anniversary of American independence, bringing together Kenyan government officials, diplomats, and business leaders to celebrate shared democratic values, innovation, and trade partnerships.
Prime Cabinet Secretary Musalia Mudavadi has welcomed the Trump administration's shift in U.S.-Africa policy from aid-focused to trade and investment-driven, and said Kenya looks forward to concluding negotiations on a bilateral trade agreement with the United States.
NTSA Director General Nashon Kondiwa said the authority requires motorists to pay instant traffic fines physically at KCB branches or agents rather than through eCitizen to protect Kenyans from fraud, as digital payment channels like M-Pesa could be exploited by scammers.
Activist Tony Gachoka and other petitioners urged a three-judge bench of the High Court to declare the government's planned sale of its 15 per cent Safaricom stake to Vodacom Group unconstitutional, arguing it would hand majority control to foreign entities. The petitioners' lawyers argued the divestiture of more than six billion government-held shares violated the Constitution and the Privatisation Act on grounds including unconstitutional revenue-raising, absent public participation, and undervalued share pricing.
AI is fundamentally reshaping digital careers rather than eliminating them. The World Economic Forum projects technology will create 170 million new jobs globally by 2030 while displacing 92 million, resulting in a net increase of 78 million jobs, with AI specialists, Big Data specialists, FinTech engineers and software developers among the fastest-growing occupations.
Safaricom plans to integrate artificial intelligence into My OneApp to automate financial tasks, analyze spending patterns, and generate reminders for recurring payments. The platform currently has 4.7 million registered users, including 1.3 million daily active users.
Safaricom's unified "My OneApp" platform has reached 4.7 million registered users as the company accelerates plans to phase out legacy M-Pesa and MySafaricom applications. The platform consolidates mobile connectivity and financial services with enhanced security features, including direct SIM card linking to prevent fraud.
A Mastercard study finds 66% of Kenyan SMEs optimistic about business outlook and 70% expecting revenue growth over the next 12 months, with 95% accepting mobile payments that account for 41% of transaction volume.
President William Ruto has called for urgent reforms in global governance systems, warning that the world is undergoing rapid transformation driven by technological advancement and shifting centres of power. Speaking at the Kultaranta Talks in Finland, Ruto stressed that Kenya and Africa are active participants shaping emerging systems of cooperation rather than passive observers.
Kenya and Finland signed three memoranda of understanding on education, digitalisation, and environmental cooperation during President Ruto's state visit to Helsinki. The agreements aim to expand collaboration in technical and vocational training, digital public services, and climate resilience.
Bumpa, Nigeria's business management platform for micro, small, and medium enterprises, is entering the Kenyan market with tools for recording sales, creating online storefronts, customer communication, and M-Pesa payment collection.
Senators have raised concerns that consumers who lose funds through erroneous mobile transfers on platforms like M-Pesa are left to pursue recipients directly with limited support from service providers, despite the transactions occurring on platforms owned and operated by the service providers who earn revenue from them.
A Standard opinion piece links Kenya's recurring second-term school fires to mounting academic pressure on students, suggesting that young people are reaching psychological breaking points under intense expectations from parents, teachers, and officials who prioritize examination results over student wellbeing.
Oscar Livondo was arrested by the DCI's Operation Support Unit after investigators linked him to a SIM-swap scheme that drained Sh450,500 from a woman's M-Pesa account while she was abroad. The victim, who had activated Safaricom's Daima service while in the United States, discovered the fraud only after returning to Kenya in December 2024, finding her account depleted after Sh450,500 was withdrawn in October 2024.
A suspected fraudster has been arrested after allegedly siphoning Ksh.450,500 from a victim's M-Pesa account through an unauthorized SIM swap. According to the DCI, the victim discovered the theft upon returning to Kenya in December 2024, after her SIM had ceased functioning in May 2024.
Technology firms are increasingly targeting Kenya's micro, small and medium enterprises to bring them online, with thousands of businesses still lacking digital presence despite growth in internet access and digital payments. The government plans to launch a digital platform targeting more than 100,000 businesses by 2027 through Posta Kenya and M-Pesa infrastructure.
Prime Cabinet Secretary Mudavadi addressed Sungkyunkwan University in Seoul, calling for renewed Global South solidarity and stronger multilateral cooperation, and warning that rising unilateralism and weaponisation of economic tools are straining multilateralism as countries rethink their diplomatic and economic strategies.
Kenya's Finance Bill 2026 proposes a 16% VAT on payment service provider services, a 25% excise duty on mobile phones, and a withholding tax on card payments. The digital payments and cryptocurrency sectors are calling on the government to grant tax exemptions, warning that the levies could hinder industry growth and financial inclusion.
ICPAK and the Kenya Bankers Association are calling for an overhaul of the Finance Bill 2026, specifically opposing proposals to tax money transfers through platforms such as M-Pesa and PayPal, and to introduce withholding tax on bank card transactions like VISA cards.