Nakumatt Collaborates with MasterCard to Launch new Card to Over One Million Customers

Posted on by wademinnie | 14325 Views | 25 min read

Leading Regional East African retail chain Nakumatt Holdings Limited today launched the Nakumatt Global Prepaid MasterCard card, in partnership with Kenya Commercial Bank and Diamond Trust Bank. The new card, which is EMV compliant, replaces the current Nakumatt Cybercash loyalty smartcard and provides a range of enhanced benefits and security features. With the multicurrency Nakumatt

Diamond Trust Bank, NMG and TimesofMoney Launch Money Remittance for East Africa

Posted on by wademinnie | 20344 Views | 12 min read

The global African diaspora currently consists of more than 30 million individuals. The International Fund for Agricultural Development (IFAD) estimates that these migrants jointly contribute about US$40 billion annually in remittances to their families and communities in Africa. With this potential in perspective, Diamond Trust Bank, in association with the Nation Media Group (NMG), has