Monthly Betting Budget Surpasses KSh 65K for High Spenders in Kenya-Survey – The Kenyan Wall Street

Monthly Betting Budget Surpasses KSh 65K for High Spenders in Kenya-Survey – The Kenyan Wall Street

Kenya’s betting industry is predominant with low-stake gambling but also a small group of high-stake bettors ready to spend over KSh 65,000 in a month, a new survey by Geopoll reveals. Majority (57%) reported spending less than $10 per month while higher spending brackets included: 28% between $10 and $25, 3% between $25 and $50,…

South Africa Extends Condolences to India Following Pahalgam Terror Attack

South Africa Extends Condolences to India Following Pahalgam Terror Attack

The South African Government, through the Department of International Relations and Cooperation, has expressed deep sadness over the attack on tourists in India. According to reports, Indian security forces are currently searching for the gunmen responsible for the attack on tourists in Pahalgam, located in Indian-administered Kashmir, which resulted in 26 deaths, all of whom…

Mortgage Uptake in Kenya: Why It’s Still Low and What Can Be Done

Mortgage Uptake in Kenya: Why It’s Still Low and What Can Be Done

Mortgages offer a way to own a home now and pay for it over time. Despite the clear benefits, mortgage uptake in Kenya is still incredibly low. By the end of 2023, there were only about 30,015 active mortgage accounts in the entire country. The government has the power to unlock homeownership for millions through…

AI & Security: Balancing Innovation With Caution

AI & Security: Balancing Innovation With Caution

In a world where we are in a constant race to out-innovate cybercriminals, what impact will AI have, especially as it continues to evolve itself? Undoubtedly one of the most influential technologies in recent decades, the ascent of artificial intelligence has produced a mixture of reactions from individuals, organisations, and countries. Eyes widen as we…

Man who hung on helicopter in Migori slapped with 18 months in prison

Man who hung on helicopter in Migori slapped with 18 months in prison

  Stephen Odhiambo Obise now famously known as Migori ‘James Bond’, while at Uriri police station in Migori County. Migori man who hung on a helicopter last week has been slapped with 18 months’ imprisonment. Stephen Odhiambo Obise now famously known as Migori ‘James Bond’, had been placed on probation for hanging on a chopper…

Kenya told to act fast to escape FATF grey listing

Kenya told to act fast to escape FATF grey listing

NAIROBI, Kenya, April 25 – Kenya must urgently implement key financial sector reforms to address gaps in anti-money laundering and counter-terrorism financing, according to a new report released following the Inaugural Kenya Anti-Financial Crime Summit. The report, published jointly by Flywheel Advisory and the Financial Reporting Centre (FRC), identifies immediate regulatory interventions—especially around virtual assets—as critical…

Airports may soon say goodbye to traditional travel documents

Airports may soon say goodbye to traditional travel documents

The future of travel at South African airports may be on the brink of a technological revolution, as the International Civil Aviation Organisation (ICAO) proposes the implementation of digital travel credentials (DTC). This initiative aims to replace traditional passports and boarding passes, transforming the travel experience into a seamless process driven by smartphones and facial…