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Kenya Re faces more competition in foreign markets

Nairobi, Aug. 2 -- Listed reinsurer Kenya Re is expected to face increased competition in the international market as more countries lock premiums within their borders by increasing mandatory retentio... Read More


Gathungu, Nyakang'o flag Sh7.7bn charges for unused loans

Nairobi, Aug. 2 -- Auditor-General Nancy Gathungu and Controller of Budget (CoB) Margaret Nyakang'o have flagged Sh7.7 billion in commitment charges for loans tapped but not used over five years, warn... Read More


KCB wins fight to auction Cytonn hotel in Sh425m row

Nairobi, Aug. 2 -- The High Court has cleared KCB Group to auction Cysuites Apartment Hotel, a luxurious serviced apartment hotel owned by Cytonn Investments, over a defaulted Sh425.6 million loan. J... Read More


Iniside Kenya's iconic XYZ show that never made money

Nairobi, Aug. 2 -- "Had I had the same success as an entrepreneur in France as I had in Kenya, I'd be a millionaire." Marie Lora -Mungai confesses as she reflects on the one-time popular Kenyan TV sho... Read More


Banks tap AI to spot loan defaulters before they miss payments

Nairobi, Aug. 2 -- For decades, banks have looked at customers' payslips, account statements, credit histories and collateral to decide if one can repay a loan. Once the money is disbursed, they often... Read More


Calls for oversight as artificial intelligence shakes up PR

Nairobi, Aug. 2 -- As communicators commemorated World PR Day under the theme "The Golden Age of Strategic PR," attention fell on artificial intelligence. What began as a productivity tool has become ... Read More


Collective investment scheme rules: what investors need to know

Nairobi, Aug. 2 -- The growth of collective investment schemes (CISs) or unit trusts in the past 10 years has been phenomenal. It has played a key role in mobilising funds to support the economy. The... Read More


Dominance of big five NSE stocks cut to 62pc

Nairobi, Aug. 2 -- Small and medium-sized stocks have cut the dominance of the five largest firms at the Nairobi bourse amid a rally in share prices and fresh listings of Kenya Pipeline Company (KPC) ... Read More


Treasury drops cap on crypto ownership in investor boost

Nairobi, Aug. 2 -- The National Treasury has scrapped a proposal that would have capped ownership in cryptocurrency exchanges, wallet providers and stablecoin issuers at one-third, easing a restrictio... Read More


Court rejects KPLC's move to drag Epra in power surge claims

Nairobi, Aug. 1 -- The energy sector regulator, Epra, has no role in determining compensation to victims of power surges whose claims arising from damaged electrical equipment will be reviewed by the ... Read More