Kenya Finance Act takes effect, charging 1.5% tax on digital currencies
The law charges a digital services tax on all digital marketplaces and services, as the government seeks to raise $46 million from the sector.
The law charges a digital services tax on all digital marketplaces and services, as the government seeks to raise $46 million from the sector.
Integrating blockchain technology can help Kenya save billions of dollars lost each year to corruption, according to the United Nation.
The Central Bank of Kenya is in discussions with other central banks globally regarding the introduction of a central bank digital currency.
The Kenyan startup caters to over 6,000 small-scale farmers in rural areas, enabling them to leverage technology to increase their income.
Sub-Saharan Africa has taken to digital currencies, with P2P platforms in Kenya, Nigeria, South Africa and Ghana posting triple-digit growth in 3 months.
A new report by Luno and Arcane Research has delved into the African digital currency market, acknowledging the opportunities and analyzing the challenges.
Maramoja is a ride-hailing app that uses blockchain and AI to match passengers with drivers they can trust.
The scammer posed as a pastor to gain trust, while also promising ludicrous returns. After collecting $27 million, he fled and is now said to be in California.
Africa has emerged as a crucial front for crypto and blockchain development, from leading in info gathering to pushing the CBDC quest to crypto in stock market.
Kenya should adopt blockchain technology to alleviate some of the challenges facing the economy.
Kenya joins several other countries who have serious concerns over Libra’s ambitions.
Students in Kenya are graduating from a blockchain school, and Ethiopia is ready to go with its new blockchain framework.