Central Bank of Kenya
The Central Bank of Kenya formulates monetary policy, issues currency, and oversees financial institutions’ stability.
- Interesting Reads
M-Pesa is Expensive, Bank to Mobile Transfers are Free
M-Pesa is still very expensive especially for micro-transactions. For example, someone sending KES. 20,000 pays KES. 102, which is 0.51%…
- Opinion
Banks need to do more to counter rising fraud cases in Kenya
Whenever we try and make something simple, more accessible, and easier to use, that ease of use brings about the…
- News
It’s back to normal for transactions below KES. 1,000 starting January 2021
The Central Bank of Kenya has announced the end of free transactions below KES. 1,000 - a measure that was…
- News
Safaricom loses bid to limit free 1000-bob M-Pesa transactions
Safaricom has lost its bid to limit 1000 bob transactions to 5 a day. It had requested the Central Bank…
- Announcements
Central Bank extends free mobile money transactions and limits to December 31st 2020
CBK extends the emergency Measures to Facilitate Mobile Money Transactions in Kenya up to December 31st 2020.
- News
Standard Chartered Bank launches Mobile Traded Bond
The minimum investment amount for the SC Mobile traded bond has a face value of KSh100,000 while the maximum one…
- 24 Bit
24Bit: Discussion on Mobile Money and Banking Transaction Rates in Kenya
Are the charges too expensive? Is it convenient to use M-Pesa vs other services.
