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Missing pillar in Kenya's sovereign wealth fund

Nairobi, July 16 -- Last week's ceremony at State House had all the trappings of a historic moment. President William Ruto signed the Sovereign Wealth Fund Act, 2026 into law, flanked by the Deputy Pr... Read More


Banks dealt blow in fight over bancassurance charges ban

Nairobi, July 16 -- The Kenya Bankers Association (KBA) has suffered a setback after the High Court rejected its request to have a circular by the Commissioner of Insurance banning service-based fees ... Read More


Future workforce needs more than technical skills

Nairobi, July 16 -- It is said that every generation inherits its defining challenge. For this one, that challenge is preparing for a world of work that is changing faster than any previous generation... Read More


Tullow gets Sh1.1bn to waive Kenya oil royalties

Nairobi, July 16 -- Kenya's Gulf Energy will pay Tullow Oil $9 million (Sh1.16 billion) for the British firm to give up rights to future royalties of $0.5 (Sh65) per barrel and repurchase of shares in... Read More


Gala honours young women driving impact

Nairobi, July 16 -- Winners of the 2026 edition of Business Daily's Top 40 Under 40 Women were feted onThursday with a call to leverage innovation, personal brands and influence to solve regional prob... Read More


SIB founder James Wangunyu on legacy, innovation and succession

Nairobi, July 16 -- In a rare interview with the Business Daily, Standard Investment Bank (SIB) founder and managing director James Wangunyu offers lessons on building a legacy, innovating for the fut... Read More


Heineken beats Sh56m fee claim by its lawyers

Nairobi, July 16 -- A law firm has lost its bid to recover Sh56.3 million in legal fees from Dutch brewer Heineken after the High Court upheld the dismissal of its advocate-client bill of costs. The ... Read More


Kenya revives 'golden visa' plan to lure capital

Nairobi, July 16 -- Kenya has revived plans to introduce a "golden visa" programme that would grant immediate permanent residency to wealthy foreign investors, signaling a shift towards immigration in... Read More


IVF demand surges in Kenya but the high cost locks out many couples

Nairobi, July 16 -- Kenya's fertility industry is now one of the country's fastest-growing specialised healthcare markets, with over 15 established in vitro fertilisation (IVF) centres now operating n... Read More


Insurer MUA Kenya to get extra capital after Sh1.6bn hole

Nairobi, July 16 -- Mauritius-based insurer MUA Limited is weighing recapitalisation of its Kenyan subsidiary following the uncovering of Sh1.6 billion hidden liabilities through a forensic audit that... Read More