Kenyan Central Bank: CBDC Not a Priority ‘in the Short to Medium Term’
The Kenyan central financial institution has mentioned implementing a central financial institution digital forex (CBDC) will not be a precedence for Kenya within the brief...
Kenyan Forex Crisis: Central Bank Orders Financial Institutions to Ration Dollars
Growing shortages of overseas alternate on the interbank market have reportedly compelled the Central Bank of Kenya to ask monetary establishments to ration greenback purchases...
Report: Flutterwave CEO in Bid to Recover Millions Stuck in Kenya
According to stories, the CEO and co-founder of the Nigerian fintech Flutterwave, Olugbenga Agboola, lately visited Kenya the place he sought to persuade the nation’s...
Report: Kenyan Lawmaker Proposes Introducing Crypto Income and Capital Gains Tax
According to a capital markets modification invoice reportedly sponsored by Kenyan lawmaker Abraham Kirwa, cryptocurrency holders within the nation might be obliged to pay taxes...
Kenyan Central Bank Says It’s ‘Craziness’ to Convert Country’s Reserves to Bitcoin
The Kenyan central financial institution governor Patrick Njoroge has described as “craziness” the calls to transform Kenya’s reserves into bitcoin. He added that he must...
Speculators and Crypto Traders Blamed for Naira’s Plunge, Kenyan Institutions Told to End Dealings With Nigerian Fintechs, CAR Token Sale off to Slow Start
In this week’s Africa information highlights, the Nigerian central financial institution blames speculators for inflicting the native forex’s plunge to a brand new all-time low...