Nairobi, July 20 -- The Kenya National Highways Authority (KeNHA) has incurred Sh8.2 billion in penalties on delayed payments to contractors in the financial year to June 30, 2025, even as project dis... Read More
Nairobi, July 19 -- Stanbic Holdings paid Sh1.11 billion in franchise fees to its South Africa-based parent, Standard Bank Group, in the year ended December 2025, marking the latest such payout to the... Read More
Nairobi, July 19 -- The Central Bank of Kenya (CBK) has differed with the Supreme Court judgment requiring commercials banks to seek formal approval from the Treasury Cabinet Secretary before changing... Read More
Nairobi, July 16 -- Deposits held by microfinance banks have edged up for the first time in three years, signalling a tentative recovery for a sector that has been under pressure from tight economic c... Read More
Nairobi, July 16 -- Mauritius-based insurer MUA Limited is weighing recapitalisation of its Kenyan subsidiary following the uncovering of Sh1.6 billion hidden liabilities through a forensic audit that... Read More
Nairobi, July 16 -- Insurance and reinsurance firms have increased the share of their investments at the Nairobi Securities Exchange (NSE) to a four-year high of 3 percent, riding on a sustained equit... Read More
Nairobi, July 14 -- Kenya's insurance sector has witnessed repeated cases of delays in submission of quarterly reports to the Insurance Regulatory Authority (IRA). Many insurance firms have ended pay... Read More
Nairobi, July 13 -- Directline Assurance has reclaimed its position as the top insurer of public service vehicles (PSVs), marking a comeback in a segment that has seen rivalry and shifting market shar... Read More
Nairobi, July 13 -- Directline Assurance has reclaimed its position as the top insurer of public service vehicles (PSVs), marking a comeback in a segment that has seen rivalry and shifting market shar... Read More
Nairobi, July 13 -- Seven insurance firms are facing regulatory fines for missing deadlines to submit records of their business performance, including premiums received and claims paid out. Disclosur... Read More