Central Bank warns Middle East conflict could reignite inflation

The Central Bank of Kenya (CBK) is warning that the escalating conflict in the Middle East could trigger a resurgence of inflation, posing a significant challenge to maintaining price stability ahead of its upcoming April Monetary Policy Committee (MPC) meeting.

Sweden’s central bank urges households to keep cash reserves amid global uncertainty

Sweden's central bank, the Riksbank, has reissued a recommendation urging households to keep approximately 1,000 Swedish kronor (about 109 U.S. dollars) in cash at home due to global uncertainty and potential disruptions to digital payment systems.

CBK approves phone number masking in M-Pesa payments

Economists Explain Why Kenyans Will Not Enjoy Cheaper Loans in Coming Months

Recent geopolitical tensions in the Middle East, particularly concerning Iran, are jeopardizing hopes for continued interest rate cuts in Kenya, potentially leading to more expensive loans despite recent efforts by the Central Bank of Kenya (CBK).

Safaricom Secures CBK Approval to Mask Phone Numbers on M-Pesa Transactions

Safaricom has received approval from the Central Bank of Kenya (CBK) to implement a privacy feature on M-Pesa that will mask customer phone numbers during transactions.

CBK approves phone number masking in Lipa na M-Pesa Till and Paybill transactions

The Central Bank of Kenya (CBK) has approved Safaricom's request to mask customer names and phone numbers in Lipa na M-Pesa transactions, enhancing digital privacy for users.