Nairobi, Jan. 13 -- Directline Assurance is looking for a new CEO hardly three months after its former boss, Sammy Kanyi, was ejected amid a shareholders' row at the country's second-largest public se... Read More
Nairobi, Jan. 12 -- The State has doubled the maximum compensation payable to policyholders of collapsed insurance companies to Sh500,000 per claim, marking a boost to consumer protection in the insur... Read More
Nairobi, Jan. 12 -- Kenyan businesses and households are clinging to cheque payments as African peers increasingly walk away from one of the world's oldest banking instruments amid rising preference f... Read More
Nairobi, Jan. 8 -- Co-operative societies have been cautioned over the growing practice of placing members' funds in unregulated firms, with the regulator warning that the trend is exposing savers to ... Read More
Nairobi, Jan. 8 -- Last year marked a shift in Kenya's interest rate cycle, with loan rates easing and returns paid to depositors falling following nine successive cuts in the Central Bank Rate (CBR).... Read More
Nairobi, Jan. 7 -- Patrick AlushulaThe Central Bank of Kenya (CBK) has put on sale about 281 tonnes of old and unserviceable coins, marking one of the unique asset-disposals undertaken by the regulato... Read More
Nairobi, Jan. 6 -- Sammy Kanyi has resurfaced in the insurance sector as the new CEO of Kenya Orient Insurance, marking a fresh chapter after his abrupt departure from Directline Assurance amid owners... Read More
Nairobi, Jan. 3 -- At least 605 digital lenders are awaiting Central Bank of Kenya (CBK) clearance as the New Year begins, signalling sustained investor interest in the fast-growing digital credit mar... Read More
Nairobi, Dec. 29 -- Funeral insurance is slowly catching on in Kenya, but fundraisers are still doing the heavy lifting. It is often said that no one needs roses when the sun has gone down. Yet for th... Read More
Nairobi, Dec. 15 -- The insurance industry in Kenya has deepened its use of artificial intelligence (AI) in onboarding new customers, assessing risks, and managing claims in a shift that has cut the c... Read More