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March 04
East Africa: East African Community Bloc Dismisses Fake Common Currency
The secretariat of the East African Community (EAC) regional bloc has dismissed a post on X, formerly Twitter, which claimed that the bloc's member countries have launched a common… Read more »
February 15
Kenya: Kenya's Shilling Significantly Appreciates Against American Dollar
The Kenyan shilling has significantly strengthened against the American dollar amid an inflow of greenback from global lenders as well as the buyback of the Eurobond by the… Read more »
December 06, 2023
Kenya: CBK Says Depreciation of Kenyan Shilling May Have Overshot
The Governor of the Central Bank of Kenya (CBK), Kamau Thugge, has said that the Kenyan shilling has overshot the required rate. Read more »
October 04, 2023
Kenya: MP Sponsors Bill Seeking to Gag Rich Investors From Hoarding Foreign Currencies
Individuals hoarding foreign currency might find themselves on the wrong side of the law, if a proposed bill sail through. Read more »
October 02, 2023
Kenya: The Rise of Forex Trading in Kenya - Factors Contributing to Its Popularity
Forex trading has always been fascinating due to its dynamic nature. People looking to make quick money become captivated by the massive transactional volume of the forex market. Read more »
September 14, 2023
Kenya: Why World Coin Operators Haven't Been Arrested - Interior Cabinet Secretary Kindiki
Interior Cabinet Secretary Kithure Kindiki was on Thursday put to task to explain why the owners of Tools for Humanity, the parent firm for World Coin have not been arrested… Read more »
September 07, 2023
Kenya: Why I Canceled Worldcoin's Certificate of Registration - Kassait
The Office of the Data Protection Commissioner (ODPC) has dispelled claims the move to revoke the certificate of registration it issued Tools for Humanity (TFH) was a knee-jerk… Read more »
Kenya: Kassait Defends Decision to Register Worldcoin, Blames 'Weak' Statutes
The Office of Data Protection Commissioner (ODPC) has defended its move to issue Tools for Humanity (TFH) the contested certificate of registration in July 2022 despite the State… Read more »
September 06, 2023
Kenya: Worldcoin Denies Malicious Intent as Kassait Revokes Contested Registration
Worldcoin has denied mining data for malicious and monetary purposes even as the Data Commissioner Immaculate Kassait moved to revoke a registration certificate the State Law… Read more »
Kenya: Worldcoin Clings to Nod By Owalo, Kassait in Defending Kenyan Operations
Tools for Humanity, the parent firm for the Worldcoin Operation Project, was hard-pressed on Wednesday to explain why they failed to register as a business entity before embarking… Read more »
August 31, 2023
Kenya: Probe Shows Worldcoin Imported Data Mining Equipment Without Regulatory Approval
Preliminary investigations have established that Worldcoin imported biometric data mining devices without prior approval from regulatory authorities. Read more »
Kenya: Chiloba Defends Kassait in Worldcoin Saga, Blames Regulatory Lapses
Omissions by regulatory authorities coupled with the lack of a coordinated approach to reign in on Tools for Humanity, the parent firm for Worldcoin, has been blamed for exposing… Read more »
August 30, 2023
Kenya: Data Commissioner Kassait on the Spot for Endorsing Worldcoin Activities
The Office and Data Protection Commissioner (ODPC) has been put on the spotlight for issuing Tools for Humanity, a firm under which Worldcoin operated, a certificate of… Read more »
Kenya: World Coin Online Recruitment Ongoing Despite Halt of Physical Operation
The National Computer and Cybercrime Coordination Committee has warned that the online recruitment for World Coin project might be ongoing despite the halting of the American firm… Read more »
August 29, 2023
Kenya: Revealed - Kenya Registered Highest Worldcoin Entries Globally at 350,000
Kenyans made the highest subscriptions to the Worldcoin cryptocurrency project out of thirty-four countries where similar operations were mounted. Read more »
August 22, 2023
Kenya: Parliament Kicks Off Probe on Worldcoin Activities in Kenya
Inquiry into the controversial operations of American cryptocurrency firm Worldcoin, has been launched by the Joint National Assembly Ad hoc Committee. Read more »
August 03, 2023
Kenya: Probe Into Worldcoin Gains Pace as Immigration Ordered to Intercept Associates
A multi-agency investigation into the operations of American AI firm Worldcoin has gained momentum with the Immigration Department ordered to intercept the group's associates,… Read more »
Kenya: Worldcoin Committed to Addressing Security, Safety Concerns After Suspension
Worldcoin has said that it is ready to engage with Kenya's regulatory bodies to address some of the security and safety concerns raised. Read more »
Kenya: Communications Authority, Office of the Data Protection Commissioner Raise Serious Concerns After Preliminary Investigations On Worldcoin
A preliminary review undertaken by the Communication Authority of Kenya (CA) and the Office of the Data Protection Commissioner (ODPC) has raised serious concerns about sensitive… Read more »
August 02, 2023
Kenya: Wetang'ula Tasks Ichung'wah to Seek Answers on Data Mined By 'Worldcoin'
The National Assembly has instituted a fact-finding quest on the operations of Worldcoin, an American crypto firm, amid concerns over irregular data mining in the country. Read more »
Kenya: Capital Market Authority Warns Worldcoin Not Licensed to Operate in Kenya
The Capital Market Authority (CMA) is warning Kenyans that Worldcoin is not registered in the country. Read more »
Kenya: Cabinet Secretary Mutua Urges Kenyans Not to Be Used as Guinea Pigs in World Coin Cryptocurrency Project
Foreign and Diaspora Affairs Cabinet Secretary Alfred Mutua has urged Kenyans not to be used as Guinea Pigs in World Coin cryptocurrency project. Read more »
Kenya: Police Deployed to Disperse Hundreds Queuing for World Coin Data Collection
Police have been deployed to disperse hundreds of Kenyans queuing in various parts of Nairobi Central Business District (CBD) for the World Coin data collection. Read more »
Kenya: Govt Suspends World Coin Activities in Kenya
The government has suspended all activities associated with the cryptocurrency project WorldCoin in Kenya until risks to the public are assessed. Read more »
May 31, 2023
Kenya: Central Bank Governor Disputes Dollar Bond Will Mop Up Excess Cash
The Central Bank of Kenya (CBK) Governor Patrick Njoroge has said that the dollar bond will not mop up excess American currencies. Read more »
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