Centering women in the financial sphere

Your daily dose of financial news

November 28, 2024

Good evening 👋 

It's Brian from The Kenyan Wall Street.

Here are our lead stories for the newsletter today:

💰 Fund Managers Association Emphasises Need for More Gender Inclusive Finance Industry

Women have for too long been an afterthought for employment in the global financial industry. In recent decades, the industry has been shifting, albeit slowly, towards being more inclusive across the board. This is why Kenya’s Fund Managers Association (FMA) and TDB Bank are teaming up to host their first ever Charity Golf Tournament, “building a brighter, more inclusive future for the fund management industry,” stated FMA CEO, Fred Mburu at a press conference launching the tournament. Here's more about this story…

📱Digital ID company Smile ID clocks 200 Million Identity Verification Checks

More financial institutions, fintechs, telecoms in Africa are tapping on Smile ID’s innovative KYC solutions, as the company announced that it had surpassed 200 million identity verification checks. Less than a year ago, Smile ID crossed 100 million identity verifications and the rapid pace of growth has been a testament to the rising demand for secure and compliant verification processes by tech-driven businesses. Read this article for more details

🖥️ KeNIC Partners with Zoho to Increase Uptake of .ke Domain

KeNIC has partnered with Indian multinational tech company Zoho to drive the uptake of second level domain name .ke in Kenya.Zoho will work with KeNIC to offer Zoho wallet credits worth KES 50,000 to anyone who has a .ke domain or is purchasing one either directly from KeNIC or through its registrars. The users of .ke domain will be able to utilise Zoho Wallet Credits to purchase any of Zoho’s 55+ products. What does this initiative intend to achieve?

Stories you missed

Safaricom Enters the Money Market Fund Industry with Ziidi MMF

Telco giant Safaricom PLC has entered the money market fund after its subsidiary, Ziidi received a license from the CMA.

kenyanwallstreet.com/safaricom-enters-the-money-market-fund-with-ziidi-mmf

E-commerce Sales Up 83% as Consumers take Advantage of ‘Black Friday’

Extending the sales period for discounts from ‘Black Friday’ to ‘Black Friday week’ led to the surge in sales by 83%

kenyanwallstreet.com/e-commerce-sales-up-83-as-consumers-take-advantage-of-black-friday

All Pre-2018 Used Cars Should Be in Kenya by December 31, KEBS Reminds Importers

vehicles registered in 2017 or earlier have less than five weeks to be cleared due to the eight-year rule, Kenya Bureau of Standards (KEBS).

kenyanwallstreet.com/all-pre-2018-used-cars-should-be-in-kenya-by-december-31-kebs-reminds-importers

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