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Cash remains popular mode of payment despite growth in digital payments

BUSINESS

A new report from Financial Sector Deeping (FSD Kenya) indicates more than 92 per cent of people working in the country’s agriculture sector and 94.6 per cent of entrepreneurs receive their payments in cash. Further, 43.3 per cent of consumers in formal employment receive their payments in cash.

Why Kenya’s Silicon Savannah dream has turned into a mirage

Why Kenya’s Silicon Savannah dream has turned into a mirage

It was to take on Bangalore - the centre of India’s high-tech industry - and America’s Silicon Valley.

Macharia Kamau and Frankline Sunday | 2 months ago

What US leadership change means for Kenya on trade, ties

Kenya’s ties with US likely to improve as new administration moves to undo the abrasive foreign policy stance adopted by Trump’s regime.

Macharia Kamau and Frankline Sunday | 6 months ago

Coal dream up in flames as last backer of Lamu project pulls out

After converting into the clean-power gospel, financiers of the Sh200 billion undertaking have been withdrawing one after the other.

Macharia Kamau and Frankline Sunday | 8 months ago

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