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What happens when financial inclusion outpaces financial literacy?

Nairobi, July 20 -- Kenya's next financial challenge is not access, it is understanding. Kenya is often held up as a global success story in financial inclusion. With the rise of mobile money service... Read More


Where the rich grow money for their children

Nairobi, July 20 -- For decades, the blueprint for passing down wealth in Kenya was largely predictable. Parents bought land, built rental apartments, accumulated shares in blue-chip companies or tuck... Read More


KeNHA hit with Sh8.2bn penalties as project disputes top Sh32bn

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


Investors and households hit as building costs surge on fuel impact

Nairobi, July 20 -- The average prices of key construction components, including concrete and asphalt, doors, fuel and transport, rose in the second quarter of 2026, pointing to elevated building cost... Read More


Investing or taking education policy? Here's what is likely to serve your goal best

Nairobi, July 20 -- This is the kind of question that comes up over a cup of tea with parents, usually right after someone mentions how fast school fees are increasing. Should you take out an educati... Read More


UK-based asset firm the latest to enter Kenya in partnership deal

Nairobi, July 20 -- The world's largest asset management firms, like Janus Henderson and BlackRock, are seeking a piece of the Kenyan business through local partnerships, expanding domestic investors'... Read More


Bank accounts frozen on Sh282m Turkana County tender fraud

Nairobi, July 20 -- The High Court has frozen Sh180 million held in two fixed deposit accounts of a health and motor vehicle insurance company following a successful application by the Ethics and Anti... Read More


Britam shares jump to an 11-year high, firm to resume payment of dividends

Nairobi, July 20 -- Shares of insurance firm Britam have jumped to an 11-year high of Sh19.95 in the wake of a rally this month on investors' expectations that the company will resume paying dividends... Read More


Taxman's shifting goalposts on housing threaten affordability

Nairobi, July 20 -- Kenya's affordable housing sector is entering a more expensive era after the Finance Act 2026 withdrew key tax incentives that had underpinned the industry's economics for years. ... Read More


Safaricom Chief Financial Services Officer Esther Waititu quits

Nairobi, July 20 -- Esther Masese Waititu has resigned as Safaricom Plc's Chief Financial Services Officer, nearly three years after she took the job. The Business Daily has established that Ms Waiti... Read More