Insurance Claim Settlement Improves in Q1 2021
The claims payment ratio in the insurance sector in Kenya improved in the first quarter of 2021 according to a report released by the Insurance Regulatory Authority (IRA). Claims payment [...]
Kenyans to Pay More for Fuel, Fruit Juice, Beer, Cigarettes, Bottled Drinking Water
Kenyans will begin paying more for fuel, cigarettes, bottled drinking water, beer, fruit juice and other excisable products, effective October 1st, 2021. This follows a legal notice published by the [...]
Kenya's Retirement Benefit Schemes Record Improved Returns in Q2, 2021 Survey
Kenya's retirement schemes recorded a median return of 5.4% over the quarter ended 30th June 2021, compared to 2.5% in March 2021- attributed to solid performance in the equities and [...]US Stocks Stable, Earnings, Crypto
US stocks closed mostly higher on Wednesday with the Dow gaining 0.62%, the SP 500 gaining 0.25% while the Nasdaq 100 fell by 0.17% led by pharmaceutical andbiotechnologycompany Moderna which [...]
Shelter Afrique to Seek US$ 1.25 Billion Through Bond Issuance
Shelter Afrique plans to return to the market to raise US $1.25 Billion in local-currency bonds by the end of 2021. This happens as the Nairobi-based Pan-African Mortgage Financier emerges [...]Kenya Consumer Protection Advisory Committee Gets New Members
The Cabinet Secretary for Industrialization, Trade and Enterprise Development Betty Maina recently appointed new members to the Consumer Protection Advisory Committee. The committee was created under the Consumer Protection Act, [...]NSE Equity Turnover Declines 3% to KSh 523.4 Million
The Nairobi Securities Exchange( NSE) recorded a 3% drop in Equity Turnover to KSh 523. 4 Million on a volume of 11.9 Million shares that exchanged hands in 953 deals. [...]Kakuzi Plc picks Githu Muigai to Head its Human Rights Advisory Committee
Kakuzi Plc, an agri-business listed at both the Nairobi Securities Exchange(NSE) and the London Stock Exchange, has picked former Attorney General Prof Githu Muigai to head its newly established Independent [...]CIC Insurance Posts KSh260 Million Six-Months Profit
CIC Insurance has reported a KSh260 million net profit for the half-year period that ended on 30th June 2021, a big improvement from a net loss of KSh335.5 million reported [...]Isiolo International Airport to Resume Operations in January 2022
The Isiolo International Airport will resume operations in January, according to disclosures by Rtd Col Cyrus Oguna, the official Government spokesperson. This aviation facility is part of links to the [...]Absa Kenya Unveils WhatsApp Banking
Absa Bank Kenya haslaunched a new digital innovation dubbed Abby, which allows its customers to access their accounts and transact via WhatsApp. Abby is an AI- powered conversational bot that [...]How to Write an Effective SMS for your Bulk SMS Campaign
On average, 98% of text messages get to be read by mobile users and therefore making it the most powerful mobile marketing tool for companies. Coupons distributed by text messages [...]
