×
× Digital News Videos Health & Science Lifestyle Opinion Education Columnists Moi Cabinets Arts & Culture Ureport Fact Check The Standard Insider Kenya @ 50 Podcasts E-Paper Lifestyle & Entertainment Nairobian Entertainment Eve Woman Travelog TV Stations KTN Home KTN News BTV KTN Farmers TV Radio Stations Radio Maisha Spice FM Vybez Radio Enterprise VAS E-Learning Digger Classified Games Crosswords Sudoku The Standard Group Corporate Contact Us Rate Card Vacancies DCX O.M Portal Corporate Email RMS
×

President Uhuru: Huduma Namba good for banks

By Fredrick Obura | October 21st 2020 at 13:23:22 GMT +0300

The rollout of Huduma Namba will change operations in the banking industry, President Kenyatta noted on Wednesday.

Speaking during the unveiling of the Central Bank branch in Kisii County, the president said the new system will make it easier for banks to capture details of clients' increasing confidence in dealing with them.

“The details will reduce traditional channels banks have been using to know their customers, this will help in cutting the cost of doing business,” he added.

President Uhuru Kenyatta on Tuesday threw down the gauntlet on the rolling out of the Huduma Namba card to Parliament with an appeal to MPs to fast-track the hiring of a data commissioner.

Read More

This follows the release of a report by an inter-ministerial committee chaired by Interior Cabinet Secretary Fred Matiang’i, which states that completion of the process depends on observing a High Court advisory on the official’s appointment.

This would conclude an exercise that started two years ago following the launch of a national security project that targeted to integrate citizens’ data into a single card.

Last week, President Kenyatta nominated Immaculate Kassait, the Independent Electoral and Boundaries Commission director of voter registration and electoral operations to become the country’s first data commissioner
Kassait will, however, have to be vetted by the National Assembly.

The President was accompanied by the leader of opposition Raila Odinga, Central Bank of Kenya Governor Patrick Njoroge, politicians, and several Cabinet Secretaries in unveiling 21 st century branch of CBK.

The new branch built in collaboration with the private sector will support seven counties in the region


Central Bank of Kenya Huduma Namba Uhuru Kenyatta
Share this story

More stories


Feedback