Small Claims Court Tosses 139 Cases by Unlicensed Lenders
The Milimani Small Claims Court has ruled that only licensed non-deposit taking lenders can file claims in the court to tame firms abusing the court process'. Kenyan laws, including a [...]
Govt Plans More Toll Roads, Discounts, Penalties, to Finance Maintenance
The Ministry of Roads and Transport is mulling discounts to motorists as it seeks to toll more new and improved roads to finance maintenance, according to a draft road tolling [...]Fintech OAPay Expands Remittance Services to Kenya, Four Other Markets
OAPay, a fintech licensed in the UK and several states in the United States, has expanded operations to Kenya, Ghana, Nigeria, Uganda, and Tanzania. “Our mission is to provide the [...]KCB, Co-op Bank Cut Lending Rates
Two major commercial banks moved to lower their base lending rates, following the Central Bank of Kenya’s decision to cut the benchmark rate to 10.75% on Wednesday last week. In [...]How to Choose a Secure Crypto Exchange in Kenya
You’re sitting in a matatu, scrolling through your phone, and you come across a post from a friend who just made a 50% return trading Bitcoin. You’ve been hearing about [...]
Genghis Capital Wards off KSh 2bn Asset Freeze in Debt Feud
The High Court has thrown out an application by a South African businessman seeking to freeze the accounts of Genghis Capital, ruling that there was no evidence that the Kenyan [...]KWAL Secures Distribution Deal for Namibia's Windhoek Beer
The Kenya Wine Agencies Limited (KWAL) will ramp up its market portfolio after bagging a deal with a Namibian distillery for the distribution of Windhoek beer in Kenya. Windhoek beer [...]What Health Insurance Covers Doesn’t Cover in Kenya
You wake up one morning feeling unwell, head to the hospital, and after a few tests, you're handed a medical bill that leaves you speechless. You confidently hand over your [...]Kenya’s Forex Reserves Increase on Higher Inflows, Stable Shilling
Kenya’s forex reserves increased to their highest in 2025 owing to high dollar inflows from exports as the shilling maintained stability. According to the CBK, the current usable reserves are [...]Looming Job Cuts in NGOs after Trump's Aid Suspension
A survey by global NGO network ICVA reveals that many US-funded Non-Governmental Organizations (NGOs) are planning to reduce staff costs as they anticipate diminished cash flow after Washington suspended foreign [...]Kenya's Stock Exchange Targets 9 Million Retail Investors in New 5-Year Strategy
The Nairobi Securities Exchange (NSE) has unveiled an ambitious five-year strategy aimed at attracting 9 million active retail investors, both domestically and in the diaspora. The plan, which kicked off [...]
Hotel Rooms Supply More than Doubled in 2024
The supply of new hotel rooms more than doubled last year concurrent with a surge in tourist arrivals but overall supply is expected to remain subdued for the next two [...]
