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Jubilee plans special dividend from Sh4.5bn Allianz deal

Nairobi, March 4 -- Jubilee Holdings Limited plans a special dividend from part of Sh4.5 billion expected from the sale of general insurance stakes in Kenya, Uganda, Tanzania, Burundi and Mauritius to... Read More


Sacco loans default rate falls to 5.9pc on improved payment

Nairobi, March 3 -- The share of bad loans among saccos supervised by the Sacco Societies Regulatory Authority (Sasra) has dropped to near the recommended maximum threshold of five percent, pointing t... Read More


APA to acquire two insurance companies in Tanzania market

Nairobi, March 2 -- APA Apollo Group is set to acquire two insurance companies in Tanzania as it moves to increase its share of underwriting businesses outside Kenya. The insurer, which already has a... Read More


The chemist who crafted a 50-year insurance career

Nairobi, March 1 -- Ashok Shah says risk behaves a lot like chemistry, where variables interact, reactions follow patterns, and results reward patience. It is a lesson he first learned at Kingston Uni... Read More


Iran war threatens Kenya's Sh700bn Gulf trade

Nairobi, March 1 -- The widening conflict in the Middle East in the wake of joint US-Israel strikes against Iran has put Kenya's trade worth over Sh700 billion at risk, with ramifications for inflatio... Read More


Ruro-linked insurer cedes PSV ground to Karauri, SK Macharia

Nairobi, Feb. 26 -- A vicious market share fight is un-folding in Kenya's multi-billion shilling public service vehicle (PSV) insurance industry that has seen an insurer linked to President William Ru... Read More


China firm lines up Sh2bn copper plant in Makueni

Nairobi, Feb. 25 -- A Chinese firm is planning to set up a Sh2 billion copper mining plant at Mtito Andei in Makueni County, marking the latest wave of foreign-backed projects targeting Kenya's emergi... Read More


Insurers spared from rushed rulings in accident claims

Nairobi, Jan. 25 -- Insurers have received a reprieve after the High Court ruled that the Small Claims Court cannot hear injury compensation claims arising from road traffic accidents, ending a system... Read More


Why NCBA chose Nedbank offer over rival bidders

Nairobi, Jan. 22 -- NCBA Group has revealed that it opted for South Africa's Nedbank Group as a strategic investor after snubbing other bidders, citing its preference for minimal disruption to its bus... Read More


State now seeks to tighten control of KenGen's board

Nairobi, Jan. 22 -- Electricity producer KenGen wants to amend its internal rules to grant the government board control, irrespective of its shareholding, mirroring a similar move atKenyaReinsurance C... Read More