Nairobi, April 22 -- A surge in medical bills, road accidents and car thefts drove insurance claims above the Sh100 billion mark for the first time last year amid fears premiums could spike. The late... Read More
Nairobi, April 22 -- Absa Bank of Kenya is ramping up investment in technology, with up to Sh3 billion annual spending to anchor its digital strategy amid growing customer preference for mobile-based ... Read More
Nairobi, April 21 -- Co-operative Bank of Kenya has signalled plans to expand into new markets and appoint a separate CEO to lead its banking unit in the country following creation of a holding compan... Read More
Nairobi, April 20 -- CIC Insurance's stake in Takaful Insurance of Africa has dropped to 7.4 percent. This is after a Djibouti-based firm, Tamini Insurance SA, acquired a 65 percent holding in Takaful... Read More
Nairobi, April 13 -- The Kenya Revenue Authority (KRA) is under scrutiny after the latest official audit revealed it offered tax compliance certificates to thousands of workers and business people wit... Read More
Nairobi, April 12 -- The cumulative fines imposed by the Competition Authority of Kenya (CAK) against errant firms more than tripled to Sh116.71 million in the year ended June 30, 2025, reflecting an ... Read More
Nairobi, April 9 -- Centum Investment Company has bought back just 16.76 percent of its targeted shares even after extending the repurchase period, highlighting challenges that arose after the stock p... Read More
Nairobi, April 8 -- The Policyholders Compensation Fund (PCF) is preparing to introduce a framework for setting the statutory management fees on collapsed insurers after an audit revealed it currently... Read More
Nairobi, April 8 -- President William Ruto has approved allocation of Sh4 billion to partially settle pending bills owed by the defunct National Health Insurance Fund (NHIF), marking part of the chang... Read More
Nairobi, April 8 -- The Policyholders Compensation Fund (PCF) is preparing to introduce a framework for setting the statutory management fees on collapsed insurers after an audit revealed it currently... Read More