NAIROBI, Kenya – In a landmark move that marks a significant milestone for Kenya’s aviation industry, Britam General Insurance has unveiled the country’s first-ever Pilot Loss of Licence Cover, a specialized insurance product designed to provide comprehensive financial protection to pilots and aviation trainees who face the career-threatening prospect of losing their medical clearance due […]
NAIROBI, Kenya – In a transformative move that signals AXA Global Healthcare’s long-term commitment to the African market, the global insurance leader has announced an exclusive distribution agreement with Executive Healthcare Solutions (EHS) for all international private medical insurance (IPMI) sold across Africa. The landmark partnership, which includes local underwriting by Old Mutual General Insurance […]
Kenya’s largest bank by customer base, Equity Group Holdings, has announced a remarkable 32.66 per cent surge in its third-quarter net profit, climbing from Sh39.2 billion in the previous year to Sh52.1 billion. This impressive performance comes at a critical time when Kenya’s economy is experiencing a significant slowdown, offering a glimmer of hope for […]
BRUSSELS – The European Union is preparing a comprehensive reform package that could fundamentally transform how financial markets are regulated across the 27-member bloc. According to sources familiar with the matter, the European Securities and Markets Authority (ESMA) could soon receive authority comparable to that wielded by the United States Securities and Exchange Commission (SEC), […]
In a stunning display of the growing importance of digital dollars in the cryptocurrency ecosystem, Ethereum-based stablecoins processed $2.82 trillion in on-chain transaction volume during October 2025, setting an unprecedented record that underscores the blockchain’s pivotal role as the backbone of modern digital finance. This remarkable 45% increase from September’s previous record of $1.94 trillion […]
Kenya’s escalating debt burden has reached a new milestone, with total public debt climbing to KSh 11.97 trillion at the end of August 2025, according to the latest Monthly Debt Bulletin published by the National Treasury. This figure represents 67.4% of the country’s Gross Domestic Product, underscoring the significant fiscal challenges facing President William Ruto’s […]
The Central Bank of Kenya (CBK), serving as the government’s fiscal agent, has returned to the primary bond market in October 2025 with an ambitious fundraising target of KSh 50 billion through the sale of two long-term reopened Treasury Bonds. This issuance represents the first bond auction of the month and forms part of the […]
In a significant departure from established practice, the Central Bank of Kenya (CBK) has announced it will not remit dividends to the National Treasury for the 2025 cycle, marking the first time in seven years that Kenya’s monetary authority has withheld its operational surplus from government coffers. This strategic decision, which retains a substantial KSh […]
The Central Bank of Kenya (CBK) has reaffirmed its confidence in the country’s macroeconomic stability by projecting that inflation will remain steady at 5.25 per cent through the end of the current economic cycle extending into 2026. This forecast, which keeps inflation comfortably below the midpoint of the central bank’s target range, reflects what monetary […]
In a strategic move that signals the growing sophistication of Kenya’s investment landscape and the increasing appetite for international diversification among local investors, CIC Insurance Group (CIC Group)—a prominent insurance and investment conglomerate partially owned by Kenyan business magnate Gideon Muriuki—has officially entered the global investment market with the launch of an innovative dollar-denominated collective […]
Trade between Kenya and the United Kingdom has entered one of its strongest phases in recent years, with the latest...
Børge Brende, President of the World Economic Forum (WEF), has issued a stark warning about the potential formation of three...
Africa stands at the cusp of an unprecedented digital transformation, with the continent's rapidly expanding digital economy projected to reach...
President William Ruto has made a candid admission that Kenya's electricity supply is insufficient to meet current demand, forcing the...
