Centenary Bank has launched Gonza Pay, a secure digital wallet aimed at enhancing financial transactions in Uganda. This initiative comes as the country experiences significant growth in digital financial services, despite a continued reliance on cash among many citizens, according to TechJaja.

MTN Uganda has introduced a new digital transport solution called Cashless School Days, designed to enhance the safety and convenience of student commutes. Launched at Kololo Secondary School, the initiative features wearable technology that enables students to access school transport services without the need for cash payments.

The Cabinet has ordered the Directorate of Criminal Investigations (DCI) to investigate payroll fraud after an audit revealed irregularities totaling Ksh 6.2 billion across 12 state departments. This decision, made during a meeting led by President William Ruto, aims to address longstanding payroll fraud, enhance the integrity of the public wage bill, and safeguard taxpayer funds through a comprehensive overhaul of the payroll system.

Tala is set to lay off 10% of its workforce in Kenya as part of a merger with Vodacom, according to Techpoint Africa. This decision comes amid changes to tax filing deadlines in Kenya under the Finance Act 2026, and is part of broader discussions regarding the business landscape in the region.

Kenya has solidified its status as a leading digital financial market, bolstered by widespread mobile money adoption and a growing cashless payment ecosystem. The mobile merchant payments sector has seen consistent growth, primarily fueled by Safaricom's Lipa na M-Pesa platform, which has significantly enhanced mobile retail transaction volumes.

Absa Bank Kenya PLC has appointed Diana Mwaniki as its Acting Chief Financial Officer (CFO), effective July 1, 2026, to ensure leadership continuity following recent executive changes. This appointment is subject to regulatory approval and follows the naming of former CFO Yusuf Omari as Interim Managing Director.