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CALL FOR PANELISTS
This is a call for all students of the University of Nairobi and other invited universities to submit Concept
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Money outside banks increases by Sh34 billion
The value of currency circulating outside banks rose by Sh33.9 billion in two months to November, touching a five-month high after the end of Central Bank of Kenya (CBK) demonetisation process in September.
Fresh data from CBK shows currency outside banks rose from Sh157.7 billion in September to Sh191.6 billion in November.
The circulation was at Sh222 billion in May before dropping to Sh196.9 billion in June when the four-month exercise of mopping up the old Sh1,000 notes started.
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How increasing internet speed is dictating pace of innovation
The glitzy Mobile World Congress held last year in Barcelona, Spain, set the tone for the roll-out of 5G internet network, marking a new dawn in communication and the overall realm of innovation. The new generation network, which experts describe as super-fast, is set to provide the launch pad for a wide range of innovations comprising Artificial Intelligence (AI), Internet of Things (IoT), augmented reality, smart cities, among others.