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Kenyan business and current-affairs publication covering companies, markets, economy, careers, technology and national news.

Motor Insurance Bleeds Ksh8.2B as Claims and Fraud Hit Kenyan Insurers
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Motor Insurance Bleeds Ksh8.2B as Claims and Fraud Hit Kenyan Insurers

The Insurance Regulatory Authority (IRA) has revealed that Kenya’s motor insurance business is becoming increasingly difficult to sustain, with insurers recording billions of shillings in losses as rising claims, fraud and soaring vehicle…

4 min read
CMA Raises Red Flag Over Special Funds With ‘Abnormal’ Returns
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CMA Raises Red Flag Over Special Funds With ‘Abnormal’ Returns

Capital Markets Authority (CMA) has warned managers of fast-growing Special Funds against unethical marketing, including advertising of high returns without providing investors with sufficient information and disclosures, which often masks…

2 min read
10 Arrested as Saba Saba Protests End Without Major Incidents
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10 Arrested as Saba Saba Protests End Without Major Incidents

10 people were arrested during the Saba Saba protests in Nairobi on Monday as authorities reported a largely peaceful day marked by the absence of fatalities, injuries or major criminal incidents. According to an official update, no deaths…

1 min read
CBK Tightens Rules on Emergency Bailouts for Struggling Banks
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CBK Tightens Rules on Emergency Bailouts for Struggling Banks

The Central Bank of Kenya (CBK) will now be required to apply stricter rules before offering emergency financial support to struggling banks, following the enactment of a new law aimed at strengthening the country’s financial system and…

3 min read
KRA Re-introduces Amnesty to Overburdened Taxpayers
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KRA Re-introduces Amnesty to Overburdened Taxpayers

KRA (Kenya Revenue Authority) has announced a tax amnesty program to erase financial burdens of taxpayers. Re-introduced under the Finance Act 2026, this initiative waives 100% of penalties, interest and fines on tax debts accrued up to…

1 min read
BOC Kenya Accepts Resignation of Ramashala as Non-Exec Director
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BOC Kenya Accepts Resignation of Ramashala as Non-Exec Director

BOC Kenya says Joseph Ramashala has resigned as a Non-Executive Director effective 3rd July, ending a board tenure that begun in September 2021. Joseph Ramashala, aged 56 years old and a South African citizen, was been a member of the…

2 min read
Sunshine Development Tour Emerges as Springboard For Golf Stars
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Sunshine Development Tour Emerges as Springboard For Golf Stars

The Sunshine Development Tour has established itself as a critical pathway for golfers seeking to progress to higher levels of competition across Africa, with consistent tournament play providing players with the experience required to…

3 min read
KRA Scraps Excise Duty on Bottled Water
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KRA Scraps Excise Duty on Bottled Water

The Kenya Revenue Authority (KRA) has removed excise duty on bottled water following changes introduced under the Finance Act, 2026, a move that is expected to lower compliance costs for manufacturers and ease the tax burden on the…

1 min read
Govt Project Brings New Hope to Flood-Hit Kano Communities
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Govt Project Brings New Hope to Flood-Hit Kano Communities

Residents of the flood-prone Kano plains in Kisumu County are beginning to see hope after years of devastating floods, following the implementation of a major government flood mitigation project aimed at protecting lives, livelihoods and…

2 min read
NMG Uganda Considers Ousting MD Susan Nsibirwa
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NMG Uganda Considers Ousting MD Susan Nsibirwa

Nation Media Group (NMG), one of East Africa’s largest media organisations, is considering removing or reassigning its Uganda managing director, Susan Nsibirwa, as it seeks to resolve a standoff with the Ugandan authorities that has forced…

2 min read
KDF, Military Families to Benefit From Major Affordable Housing Drive
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KDF, Military Families to Benefit From Major Affordable Housing Drive

The Kenyan government is pushing ahead with an ambitious programme to provide modern, high-quality housing for thousands of Kenya Defence Forces (KDF) personnel and their families, aiming to boost welfare, morale and living standards…

1 min read
Absa Bank Kenya and Unilever Sign KSh 4Bn Financing Deal for SMEs
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Absa Bank Kenya and Unilever Sign KSh 4Bn Financing Deal for SMEs

Absa Bank Kenya and Unilever Kenya have signed an agreement for a KES 4 billion financing programme designed to address access to working capital, one of the most significant constraints facing distributors and retailers. The initiative is…

3 min read