Nairobi, Oct. 29 -- In 1995, when CIC Insurance, then trading as Co-operative Insurance Services Ltd (CIS), was declared technically insolvent and was on the verge of collapse, one man saw a slim chan... Read More
Nairobi, Oct. 28 -- Safaricom created an estimated Sh1.247 trillion in value for the Kenyan economy in the year ended March 2026, with its spending and supply chains supporting more than 1.4 million a... Read More
Nairobi, Oct. 27 -- Safaricom sacked 118 employees in the year ended March 2026, coinciding with a period the firm recovered Sh953 million in inflated agent commissions as it intensified the war on fr... Read More
Nairobi, Oct. 26 -- The Nairobi Securities Exchange (NSE) attracted 333,043 new investors in the nine months ended September, more than triple the growth in investor base over the same period last yea... Read More
Nairobi, Oct. 26 -- APA Apollo Group has acquired two insurance companies in Tanzania as it moves to increase its share of underwriting businesses outside Kenya. The insurer, which already had a subs... Read More
Nairobi, Oct. 22 -- An insurer backed by Quiver Lounge & Grill owner Peter Mbugua and SportPesa CEO Ronald Karauri has captured a quarter of Kenya's matatu insurance market barely 18 months after ente... Read More
Nairobi, Oct. 22 -- The Insurance Regulatory Authority (IRA) and the Retirement Benefits Authority (RBA) plan a lifetime health cover for retirees, which would allow the pensioners to pay for it using... Read More
Nairobi, Oct. 22 -- An insurer backed by Quiver Lounge & Grill owner Peter Mbugua and SportPesa CEO Ronald Karauri has captured a quarter of Kenya's matatu insurance market barely 18 months after ente... Read More
Nairobi, Oct. 21 -- Life insurance premiums surged by 33.6 percent to Sh147.46 billion in the six months ended June 2026, pushing them past general covers, fueled by retirement savings channelled via ... Read More
Nairobi, Oct. 21 -- Djibouti's State-owned geothermal agency has offered to pay Kenya Electricity Generating Company (KenGen) about Sh129 million ($1 million) as the first instalment towards a five-ye... Read More