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Saccos face dividend cuts over Sh7bn Kuscco losses

Nairobi, Oct. 4 -- Sacco members face cuts on dividends after the regulator asked cooperatives to make provisions of about Sh7.67 billion in the insolvent Kenya Union of Savings and Credit Co-operativ... और पढ़ें


Sacco accounts holding millions rise to 154,000

Nairobi, Sept. 30 -- The number of Sacco accounts with deposits of over Sh1 million grew by 10 percent to 154,000 last year amid incessant inequality that has seen a majority of savers maintain less t... और पढ़ें


1.9m stop sacco savings as take-home pay drops

Nairobi, Sept. 28 -- Dormant members in savings and credit co-operative societies (saccos) grew 14.1 percent to 1.9 million in the year ended December amid reduced disposable incomes that could have f... और पढ़ें


Insurance regulator limits buying of foreign reinsurance

Nairobi, Sept. 27 -- The Insurance Regulatory Authority (IRA) has tightened rules on offshore reinsurance, requiring insurers to first exhaust local capacity before seeking approval to place Kenyan ri... और पढ़ें


Kenya Re moves to map East Africa's flood, earthquake risks

Nairobi, Sept. 24 -- Kenya Reinsurance Corporation (Kenya Re) wants to map its exposure to floods and earthquakes across East Africa as extreme weather risks become an increasing concern for insurers ... और पढ़ें


Kenya cash outflows fall by Sh25bn on Trump NGO cuts

Nairobi, Sept. 24 -- The termination of big-ticket non-governmental organisation (NGO) contracts by the US government in Kenya triggered a Sh25.3 billion drop in the flow of money out of the country l... और पढ़ें


Kenya Power cuts supplier late payment penalties to Sh290m

Nairobi, Sept. 24 -- Kenya Power cut interest charges on late payments to suppliers by nearly a quarter to Sh290.3 million in the year ended June 2026, helped by an improvement in its working capital ... और पढ़ें


Electricity theft, transmission losses at 11-year low

Nairobi, Sept. 23 -- The share of electricity that Kenya Power loses dropped to 18.58 percent in the year to June 2026, the lowest point in 11 years, narrowing the gap with the regulatory benchmark as... और पढ़ें


Access Bank solves Sh2.1bn capital deficit with NBK merger

Nairobi, Sept. 23 -- Access Bank Kenya is set to resolve a Sh2.11 billion capital shortfall through its merger with National Bank of Kenya (NBK) as their parent firm consolidates its Kenyan operations... और पढ़ें


Clerical jobs stage a comeback as banks expand branches

Nairobi, Sept. 22 -- Kenya's banking sector is seeing a renewed demand for clerical workers as lenders expand their branch networks, reversing the recent shift toward hiring management and higher-skil... और पढ़ें