Margaret Njugunah
572 articles published since 26 Aug 2021
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Author's articles
Equity Handled KSh 383.5 Billion in Diaspora Remittances in 2021, up by 39pc
Equity Group processed KSh 383.5 billion in diaspora remittances in 2021, compared to KSh 279.4 billion in 2020. The bank earned KSh 1.6 billion in commissions.
Foreign Currency Deposits in Local Banks Hit Record KSh 804 Billion in February 2022
New data now shows that foreign currency deposits in local banks reached a record KSh 804.31 billion in February, up from KSh 793.26 billion in January 2022
Central Bank's Digital Currency Unlikely to Eat into Mobile Money Market Share, Experts Say
Investment experts have noted that the pending introduction of a digital currency by Central Bank of Kenya is unlikely to match the dominance of mobile money.
Kenyatta and James Mwangi's Families Among Those to Pocket KSh 1.6b in Dividend
The families of Jomo Kenyatta, James Mwangi of Equity Group and Philip Ndegwa will take home KSh 1.62 billion in dividends from their stakes in leading banks.
Treasury to Reduce M-Pesa Charges Amid Rising Concerns from Consumers, Small Businesses
The National Treasury is planning to reduce M-Pesa's transaction costs amid rising concerns from consumers and small businesses who heavily rely on the service.
Mapato Imepungua:Diaspora Remittances to Kenya Drops by 5.1% to KSh 36.7b in February
Central Bank of Kenya (CBK) data reveals that Kenyans living in the diaspora sent home KSh 36.7 billion in February, down from KSh 38.8 billion in January 2022
M-Pesa Reaches 30 Million Users in Kenya, Supported by Growth of Fuliza, M-Shwari
M-Pesa has reached 30 million monthly users in Kenya, 15 years after its launch. Safaricom says several innovations such as M-Shwari, Fuliza drove the growth.
CAK Survey Names Fuliza, M-Shwari and KCB M-Pesa Most Popular Loan Services in Kenya
A new Competition Authority of Kenya (CAK) survey shows that Safaricom loan products namely M-Shwari, Fuliza and KCB M-Pesa are the leaders of digital credit.
M-Pesa Becomes Africa’s Largest Fintech Provider, Handles Over 61m Transactions Daily
New data now shows that M-Pesa handles over 61 million transactions a day, making it the largest fintech provider in Africa. M-Pesa operates in seven markets.
Margaret Njugunah
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