Fincra has obtained a payment provider license in South Africa through a partnership with Nedbank. Kredete has launched Africa's first stablecoin-backed credit card, aimed at facilitating transactions and providing new financial products. Airtel Money has expanded its 'Rudishiwa' campaign to include bank-to-wallet transfers, offering incentives to users.
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Latest updates throughout June 5, 2025
Private sector activity slowed in May as demand and new orders decreased. Kenya's flower exports are expected to increase in 2025 due to growing demand. BK Group reported a 5.4% rise in profit after tax. The government announced plans to support start-up innovation through reforms, while Treasury hinted at restructuring the affordable housing levy.
Stevo Simple Boy unveiled a new car, sparking mixed reactions from the public. Comedian Mulamwah responded to ongoing discussions about his quick move on from past relationships, while Georgina Njenga stated she cannot reunite with her baby daddy Tyler Mbaya.
World to mark accreditation day on June 9, highlighting global standards. Kilifi women break barriers to save forests coinciding with World Environment Day, emphasizing women's roles in environmental conservation.
