New Regulations to Tighten Customer Service in Kenya's Power Sector
Kenya’s electricity distributors and retailers will soon be required to meet strict customer service standards, including publishing service charters, reconnection timelines, and complaint-handling procedures, under new draft regulations published by [...]
Ethiopia MPC Holds Policy Rate at 15%, Raises Credit Growth Ceiling to 24%
The National Bank of Ethiopia’s Monetary Policy Committee has kept the benchmark rate at 15% in its fourth meeting in September 2025, while raising the credit growth ceiling to 24%. [...]
Kenya Plans To Slash Mobile Money Transaction Fees
The Central Bank of Kenya (CBK) is moving to slash the cost of mobile money transfers in a sweeping effort to reignite financial inclusion in a market that has long [...]Kenya To Raise Compensation Limits to Bolster Trust in the Financial Sector
Regulators are moving to reinforce the Policyholders’ Compensation Fund, which protects insurance customers in the event of an insurer collapse, by raising the compensation ceiling from KSh 250,000 to KSh [...]Lawmakers Push Government Advertising Agency to Ditch “Analogue” Monitoring
Members of Parliament are pressing the Government Advertising Agency (GAA) to overhaul its monitoring systems, accusing the body of relying on outdated methods to justify multimillion-shilling advertising deals. “How do [...]MPs to Consider Interest Cap So Borrowers Don't Pay More Than They Borrow
Members of Parliament (MPs) are reviewing a petition that seeks to limit loan interest so it never exceeds the original principal, citing the steady rise of unscrupulous lenders with unjustly [...]African Gaming and Lottery CEOs Host First Forum in South Africa
The African Lotteries and Gaming Association (ALGA) convened leading regulators and chief executives from across the continent for the inaugural ALGA CEOs Forum dubbed ‘’The Black Table’’, in the quest [...]
Nairobi Tops Counties in Foreign Travel Spending
The Nairobi City County Executive spent KSh 128.4 million on foreign travel in the 2024/25 financial year, the highest among the 47 devolved units, a new report by the Controller of Budget [...]Private Hospitals Suspend Services For SHA Beneficiaries Citing Delays
The Rural and Urban Private Hospitals Association (RUPHA) has stated that beneficiaries of the Social Health Authority (SHA) insurance scheme will have to pay cash across 700 private and faith-based [...]Counties Finally Received KSh 32.9Bn in August After July Freeze
Kenya’s forty seven county governments received their first equitable share transfers of the 2025/26 fiscal year in August, after going without any disbursements in July. For real time market updates [...]Homa Bay, Kitui, Nakuru Counties Own Highest Number Of Bank Accounts
County governments were running 5,476 bank accounts June 30, according to the Controller of Budget, despite rules requiring most funds to be kept at the Central Bank, exposing billions of [...]Kenya Targets Electricity Providers With Penalties, Compensation Demands Over Blackouts
Kenya's new draft energy regulations would compel electricity providers to compensate consumers for outages and poor-quality supply, imposing fines for missed reports, inadequate outage notices, and technical failures. Industrial consumers [...]
