×
App Icon
The Standard e-Paper
Kenya's Bold Newspaper
★★★★ - on Play Store
Download Now

Kenya joins Pan African payments system ushering economic stability

Vocalize Pre-Player Loader

Audio By Vocalize

The Central Bank of Kenya in Nairobi. [Jonah Onyango, Standard]

Kenya has officially joined the Pan African Payments and Settlement System (PAPSS), Trade Cabinet Secretary Moses Kuria has said.

Kuria on Friday, September 29, said that Kenyan companies will now be able to pay for trade transactions in local currencies.

Get Full Access for Ksh299/Week.
Uncover the stories others won’t tell. Subscribe now for exclusive access
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in
By Mate Tongola 21 mins ago
Business
Summit calls for stronger partnerships to tackle youth unemployment
By Sofia Ali 7 hrs ago
Business
Foreign capital surges as tourism boom drives Sh258 billion
Business
New push to promote dignity in Kenya's coffee trade
Business
Kenya's oil sector on edge amid escalating US-Israeli war on Iran