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More on Digital Developments
21 Apr 2024
CBK introduces green finance taxonomy, paving the way for sustainable financial practices
In a groundbreaking development that signals a major step forward in environmental sustainability, the Central Bank of Kenya (CBK) unveiled the draft Kenya Green Finance Taxonomy (KGFT) for pub...
21 Apr 2024
Global AI policy landscape: Countries race to regulate and harness AI’s potential
The dawn of the 21st century witnessed the emergence of Artificial Intelligence (AI) as a transformative force shaping societies, economies, and geopolitics. As AI’s capabilities burgeon,...
21 Apr 2024
Kenya-US STIP negotiations: Ruto’s upcoming US visit sets the stage for key bilateral trade agreements.
In the first two weeks of April 2024, Kenya held another negotiation round on the US-Kenya Strategic Trade and Investment Partnership (STIP). Assistant United States Trade Representative (USTR)...
12 Apr 2024
Addressing Africa’s digital trade challenges: Advancing policy reforms for equitable and inclusive growth.
In the ever-evolving global commerce landscape, digital trade has emerged as a transformative force, reshaping economies and transcending traditional boundaries. From the sale of software to the strea...
12 Apr 2024
Urgent need for stronger SACCO regulations amidst digital transformation and surge in savings.
Data from the State Department of Cooperatives showed that savings in Savings and Credit Cooperative Organisations (SACCOs) grew by 15.6% to 1.047 trillion from 906 billion as of December 2023. This i...
5 Apr 2024
WHO unveils a digital health promoter harnessing generative AI for public health.
Ahead of World Health Day (Sunday, April 7, 2024), focused on ‘My Health, My Right’, the World Health Organization (WHO) announced the launch of S.A.R.A.H., a digital health promoter prototype wit...
5 Apr 2024
TikTok ban debate: Kenya demands compliance with privacy laws amid concerns over harmful content.
Kenya has demanded that TikTok demonstrate its compliance with local privacy and user verification laws. This action comes amid concerns that the platform is being used to spread propaganda, commit fr...
5 Apr 2024
Kenya’s Draft E-Mobility Policy sets the stage for EV industry revolution
Kenya, known for its commitment to sustainable development and environmental conservation, has taken a significant stride towards embracing electric mobility (e-mobility) with the recent launch of its...
28 Mar 2024
Accelerating Africa’s Digital revolution: Prioritising transformation in telecommunications and banking.
Africa is on the brink of a digital revolution. With the growing recognition of the pivotal role digital technologies play in economic development, African nations are increasingly prioritising digita...
28 Mar 2024
Kenya leads mobile money innovation: Trends and key insights from State of the Industry Report 2024
The State of the Industry Report on Mobile Money 2024 has revealed interesting insights into the mobile money landscape across sub-Saharan Africa. Among the countries analysed, Kenya emerges as a foca...
21 Mar 2024
Enhancing tax compliance to boost revenue: Expanding the tax bracket and prudent spending must go hand in hand.
Meeting Kenya’s ever-growing development needs, largely financed through taxation, is an arduous task. The broader fiscal context Kenya finds itself in currently makes even the challenge dauntin...
21 Mar 2024
The TikTok ban debate: National security, free speech and global tech competition
Recurrent attempts by the US government to ban TikTok, the popular social media app, have sparked debates not just about national security concerns but also about the broader implications for tech com...
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