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Britam courts informal workers with monthly Sh336 medical cover

Nairobi, July 29 -- Insurance firm Britam has rolled out a low-cost medical insurance cover with monthly premiums starting from Sh336 as it targets to tap into the country's vast informal workforce. ... Read More


Kenya Re lines up Sh1.5bn for Tanzania, Rwanda, India expansion

Nairobi, July 29 -- Kenya Reinsurance Corporation (Kenya Re) has lined up Sh1.5 billion to fund a regional and international expansion plan targeting Tanzania, Rwanda and India as it seeks to restore ... Read More


PSC issues ultimatum to Ketraco over CEO's fight

Nairobi, July 29 -- The Public Service Commission (PSC) has issued a 14-day ultimatum to the Kenya Electricity Transmission Company (Ketraco) board to respond to a petition seeking the removal of its ... Read More


Bank accounts tip-offs trigger seizure of Sh15.6bn illicit wealth

Nairobi, July 27 -- The tracking of bank transactions helped a State agency tasked with monitoring money laundering unearth illicit wealth worth $120.91 million (Sh15.65 billion) in the year to Decemb... Read More


KenGen purchases staff pension scheme plazas for Sh1.9bn

Nairobi, July 27 -- The Kenya Electricity Generating Company (KenGen) has acquired two office properties from its staff pension scheme for Sh1.92 billion, helping the fund meet prescribed investment t... Read More


Rising agent numbers cut average M-Pesa commissions to record low

Nairobi, July 25 -- Average annual commissions earned by M-Pesa agents have dropped to a record low of Sh112,244 in the year ended March 2026 as increased competition squeezes returns, pushing them to... Read More


Idle GDC drilling machines put Sh15bn investment into question

Nairobi, July 23 -- The Geothermal Development Company (GDC) is on the spot after an audit flagged Sh15.93 billion drilling rigs that are either idle or non-functional, adding to a list of underutilis... Read More


Jubilee taps embedded insurance to widen health cover access

Nairobi, July 23 -- Jubilee Health Insurance has partnered with Singapore-headquartered insurtech bolttech to expand access to health insurance by embedding its products into digital platforms that co... Read More


Treasury ousts four Kenya Re directors amid clashes

Nairobi, July 22 -- The Treasury has ejected four of its representatives from the Kenya Reinsurance Corporation (Kenya Re) board, including chairman Erick Gumbo, in a bid to quell tensions that have r... Read More


Pesalink money transfer fee cuts spread to 19 banks in retail battle

Nairobi, July 21 -- The number of banks cutting Pesalink fees has nearly doubled to 19, as lenders roll out free transfers of up to Sh1,000 and a flat charge of Sh20 on larger transactions to attract ... Read More