Kenya’s payments ecosystem is poised for a new phase of development as industry leaders call for faster settlement, greater interoperability and infrastructure capable of supporting complex domestic and cross-border transactions. The issues were discussed at a media roundtable in Nairobi convened by payments firm Verto, where participants said the country’s widely praised mobile money success
Guaranty Trust Bank (Kenya) Limited (GT Bank) has confirmed the receipt of a recent decision issued by the Competition Authority of Kenya (CAK) on January 29, 2026, arising from a complaint made by ASL Limited in relation to the management of its credit facilities with The Bank. In a statement, GT Bank stated that it
The Competition Authority of Kenya (CAK) has ordered Guaranty Trust Bank Kenya Limited to pay a penalty of Ksh 33,180,000 for engaging in false and misleading representations and unconscionable conduct against its customer, ASL Limited, contrary to the Competition Act. Additionally, the Authority has ordered GT Bank Kenya Limited (GT Bank) to refund ASL Limited
Popular Posts
![List of Deregistered TVET Institutions as of 2026 [FULL LIST]](https://hivileo.co.ke/wp-content/uploads/2026/03/CS-Julius-Ogamba-335x160.png)
