Kwale County automates revenue collection with M-PESA

Kwale County has partnered with Safaricom to roll out cashless payments for its 700,000 citizens. The partnership will see the County accept payment for all services it offers including market fees, cess, and parking levies through M-PESA. The solution will be available through the dedicated PayBill number 338500.  “This partnership will enable Kwale County to …

Cloud-based Voice Services launched for Telkom enterprise customers

Telkom has introduced a new cloud-based fixed voice service dubbed “Omniconnect”, allowing SMEs and corporates to outsource for robust and secure cutting-edge technology. Telkom Hosted PBX service will deliver a world-class end-to-end software and hardware system, powered by global technology company Avaya. Besides making and receiving calls, the service will also offer other features such as …

Finance Ministry may raise cap on 59-minute loans to Rs 3-5 crore

The Finance Ministry may consider to raise the Rs 1 crore cap under the 59-minute loan scheme to Rs 3-5 crore. According to government officials, the cap will be raised in a gradual manner.  The 59-minute loan scheme was launched late last year for the benefit of micro, small and medium enterprises (MSMEs). It formed part …

Kenya Bankers Association aid in fight against corruption

Over the years, banks in Kenya have been making substantial effort in terms of management time, resources and investment in systems and processes to protect customers and the broader financial system. As signatories to the “Code of Ethics for Business in Kenya” we are committed to working with the Government and other players in the …

Energy firm enters Sh.2 billion deal for industrial solar power

Regional renewable energy firm, Lean Solutions Group has partnered with French electric firm Schneider in a Sh2 billion investment targeting to entrench solar energy in powering local industries.Group managing director Dinesh Tembhekar said it had brought on board French Development Agency (AFD) in raising part of the cash that would include internal funds as well …

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