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News
Kenyan insurers tweak products in race for informal sector customers
3+ hour, 19+ min ago (596+ words) Kenyan insurers are redesigning products and distribution models to tap the country’s large informal sector, with flexible premiums, digital platforms and embedded insurance emerging as key strategies to expand coverage. The shift comes as conventional insurance products, which often require…...
Rejected swimming trip visa letter request sparks Sh5.9m workplace award
5+ hour, 19+ min ago (739+ words) A rejected visa support letter request for a child’s trip for a swimming competition in South Africa became the final trigger in a workplace dispute that cost logistics firm Schenker Limited Sh5.9 million. The Employment and Labour Relations Court found that…...
The CEO who loves to watch animals chew
7+ hour, 19+ min ago (584+ words) If I were to ask your children what their father does for work, what would they say? I'm a doctor for animals, and that I love animals. What's one rule you live by? Keep your promise. Honestly, I feel awkward…...
Wetang’ula directs probe into crypto firm’s Kenya operations
1+ day, 3+ hour ago (389+ words) National Assembly Speaker Moses Wetang’ula has given the committee two weeks to probe the activities of a platform, which is offering investment opportunities to Kenyans by combining cryptocurrency payments with trading in United States stocks. The National Assembly Finance and…...
The tailor who treats his physique as a marketing tool
1+ day, 7+ hour ago (1160+ words) Job Mathegi at the gym. At 37, John Mathegi says he feels stronger than he did in his 20s. As he approaches 40, he is betting that the physical and financial foundation he is building today will give him the freedom to navigate…...
Old Mutual injects Sh1.2bn capital into Faulu Microfinance Bank
1+ day, 5+ hour ago (502+ words) Group Chief Executive Officer of Old Mutual Holdings PLC Arthur Oginga. Old Mutual has injected an additional Sh1.2 billion into its subsidiary Faulu Microfinance Bank as the lender steps up investments in technology, including its core banking system, to defend its…...
State ordered to table rice import records in transparency push
1+ day, 21+ hour ago (726+ words) Workers arrange bags of rice at a storage facility in Ahero. The High Court has ordered the government to file a status report on the importation of 490,000 tonnes of duty-free rice authorised under a Gazette Notice published last month. The…...
Treasury projects Sh143bn wider budget deficit
1+ day, 21+ hour ago (578+ words) The National Treasury building in Nairobi. The National Treasury expects Kenya’s budget deficit to widen by Sh143 billion to Sh1.288 trillion, driven by higher interest payments on domestic debt and potential tax cuts in the run-up to the 2027 general elections. A wider…...
Vodacom expands Safaricom board control after Sh204bn stake deal
1+ day, 18+ hour ago (668+ words) South Africa’s Vodacom has added two directors to Safaricom's board in a shake-up that reflects its increased ownership of the Kenyan company following its acquisition of a 15 percent stake from the government. Vodacom appointed Mariam Cassim, its chief executive for…...
780 private healthcare facilities turn to solar in cost-cutting push
2+ day, 1+ hour ago (714+ words) Installation of the solar panels in private health facilities is part of a twin approach to cut electricity bills, guarantee stable supply, and avoid the outages tied to the national grid. Some 780 private healthcare facilities across Kenya have shifted to…...