The controller’s role is preventive: to ensure that public money is lawfully withdrawn before it leaves a public fund.
Kenya Re’s move comes against the backdrop of a 2024 advisory by the Insurance Regulatory Authority (IRA) urging insurers to review their risk models to capture a changing risk ...
The reduction came as the utility firm made progress in clearing overdue obligations and strengthening its liquidity position, with working capital improving to Sh1.9 billion in June 2026 from ...
Opinion
Banking lobby chief on scaling private sector credit, rates outlook and recent sector reforms
Chief Executive Officer Raimond Molenje sat down with the Business Daily and discussed a range of topics, including pushing more credit to the private sector amid evolving macroeconomic risks, the ...
The decline came as the Trump administration embarked on one of the biggest restructurings of US foreign assistance in decades.
Official reporting by the National Guidelines on Workplace Mental Wellness shows that out of the total workforce of 24.9 million Kenyans, approximately 3.7 million of them are suffering from ...
Under the proposed rules, banks with a core capital of less than 8.625 percent of their loan book will be barred from paying any dividend to their shareholders.
Court declined a claim by the petroleum firm that the collapse of its banker, Imperial Bank, had frustrated the repayment obligations.
Weekends tend to push her spending even higher, with brunches from Java, two-piece meals from KFC, and a steady stream of snacks, from croissants and crisps to flavoured popcorn.
Kenya Power attributed the dismal reserves to lack of fresh electricity generation on the national grid despite fast-growing consumption.
The High Court has rejected an application by Kenyan beverage marketing company, Wow Beverages, to block a South African wine maker, Namaqua Wines, from terminating their five-year distributorship ...
Every successful project should teach us what to repeat, while every delayed, over-budget, or unsuccessful project should teach us what to improve.
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