Safaricom war with Bitcoin dealer sparks CBK warning BitPesa is locked in an acrimonious court battle with Safaricom over the telecom operator’s decision to terminate M-Pesa payments to the platform’s gateway dubbed Lipisha Consortium. Through the BitPesa platform, users can convert bitcoin into Kenya shillings and…
CA moves to hire market dominance consultant The Communications Authority of Kenya (CA) has begun the process of hiring an international firm that will examine Kenya’s telecommunication and broadcasting sectors for market dominance and anti-competitive behaviour. The CA says in Expression of Interest tender documents seen…
Telcos regulator board meets on Monday over Airtel licence renewal The board of the Communications Authority of Kenya (CA) is set to meet on Monday to discuss the renewal of Airtel Kenya’s licence, which expired seven months ago. The Monday meeting comes on the backdrop of a…
Jubilee overtakes Britam in market valuation at NSE Jubilee Holdings has overtaken Britam to become the most valued insurer at the Nairobi Securities Exchange for the first time since October 2013.The composite underwriter now has a market valuation of Sh33.5 billion compared to Britam’s Sh31.1…