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Depositors in top banks lose Sh63.7bn in a year as rates dip

Nairobi, April 7 -- Kenyans with money to keep in the country's top nine banks saw returns drop Sh63.7 billion last year as lenders cut savings rates more aggressively than lending rates in a push to ... Read More


What happens when an insurance firm collapses

Nairobi, April 7 -- A growing number of insurance firms in Kenya have been placed under statutory management, sparking confusion and anxiety among customers. The law allows the Insurance Regulatory A... Read More


How three insurers collapsed with Sh3.4bn clients' claims

Nairobi, April 6 -- Three Kenyan insurers, which were recently placed under statutory management and barred from taking on new business, owed customers more than Sh3.43 billion in unpaid claims as of ... Read More