Friday February 21, 2025

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Cryto Africa news

Kenya’s Crypto Challenge: Fraud, Money Laundering, and Regulatory Gaps

Kenya has become a hotspot for crypto-related financial crimes, with a recent study by the International Justice Mission (IJM) revealing that the country is home to ‘fraud factories.’ These operations often force young women to

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Diamond Trust Bank Shares Reach 52-Week High Amidst Robust Financial Performance

Diamond Trust Bank (DTB) Kenya has demonstrated remarkable financial growth, culminating in its shares reaching a 52-week high on the Nairobi Securities Exchange (NSE). As of February 17, 2025, DTB’s share price closed at KSh

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Tafuta Bibi Uomoka Bro! Statistics Prove That If You Want To Get Rich, Marry A Good

Have you ever wondered how your old parents, with a meager salary and very little financial information and opportunities, still managed to achieve almost all their financial dreams? Looking back, couples, not just in Kenya

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Why Direct To Customer Is Not Necessarily A good Idea In Africa Especially With FMG

In Kenya’s dynamic consumer goods market, many businesses are drawn to the idea of selling directly to customers, believing it will maximize profits and create stronger brand loyalty. However, when it comes to Fast-Moving Consumer

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Podcast of the Week: Why Unit Trusts Are Better Than Bills and Bonds

This week on our Podcast of the Week edition, we dive deep into smart investment strategies with Isaac Njuguna, the CEO of Zimele Asset Management. In this insightful conversation, Isaac breaks down why unit trusts

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DCI Regains X and Facebook Accounts From Crypto Scammers

Kenya’s Directorate of Criminal Investigations (DCI) has regained control of its X (formerly Twitter) and Facebook accounts after they were compromised by hackers promoting a fake cryptocurrency. The agency confirmed the cyberattack on February 9,

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Banking Highlights

Confession: I Got A Loan Because I Have

Below is a confession of a Kenyan man who took a loan

Behind The Smiles: Why Banks Aren’t Your Friend

Kenyan banks may not be the loyal companions you think they are.

Crypto Prices

by CurrencyRate.Today

Business News

Kakuzi PLC Issues Profit Warning on Reduced

Kakuzi has issued a profit warning for the year ended

Imperial Bank Liquidation Halted by High Court

Imperial Bank liquidation has been halted by The High Court

Top Lawyer Donald B Kipkorir Loves Business

Kenyan lawyer Donald B. Kipkorir has expressed his admiration for

KCB Group Sets Up Kshs 800M Nakuru

KCB Bank has set up an Sh800 million fund to

Tether and Yellow Card Join Forces to

Yellow Card, a leading pan-African fintech and cryptocurrency exchange, has