World Bank debars Kenyan consultancy firm
World Bank Group headquarters in Washington D.C/ Courtesy. NAIROBI, Kenya Nov, 11- The World Bank has blacklisted a Kenyan firm, Africa Development Professional Group (ADP), for engaging in fraudulent practices in several multi-million shilling projects for top government agencies across the continent. The global financier made the decision after an investigation conducted by the World […]
Tangaza-Mobile Payment Service Provider license revoked over regulatory violations
Central Bank of Kenya (CBK) Governor Dr. Patrick Njoroge during a press briefing in Nairobi, Kenya/ CBK. NAIROBI Kenya, Oct 26- Tangaza, a Mobile Payment Service Provider, has had its license revoked by the Central Bank of Kenya (CBK) for failing to discharge its obligations under the National Payments System(NPS) Act and Regulations. According to […]
Kenyans to access MTN Uganda shares after IPO launch
An MTN outlet in Uganda, Kampala/ NMG PHOTO Interested Kenyans will be able to buy into MTN Uganda shares after the firm launched Uganda’s biggest Initial Public Offer (IPO) on October 11, 2021. MTN Uganda reached an agreement with Uganda Communications Commission to pay $100 million for a 12-year license in Uganda valid from July […]
