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    Counties Get Budget Lifeline in Proposed Law Changes

    Counties Get Budget Lifeline in Proposed Law Changes

    Kenya’s counties could soon enjoy greater stability in financing their operations under a fresh constitutional amendment that seeks to overhaul the budget-making framework at both the national and county levels. [...]
    Fred
    Fred Obura
    5 months ago
    Kenya is Wasting 40% Of Its Harvest Even as Hunger Bites, WRI Warns

    Kenya is Wasting 40% Of Its Harvest Even as Hunger Bites, WRI Warns

    At dawn in Makueni, you can smell the paradox before you see it. Mangoes, split and overripe, carpet the red earth beneath their trees. Acres of yellow sweetness fermenting in [...]
    Brian
    Brian Nzomo
    6 months ago
    35 SACCOs Risk Sanctions as Regulator Escalates Anti-Money Laundering Crackdown

    35 SACCOs Risk Sanctions as Regulator Escalates Anti-Money Laundering Crackdown

    Thirty-five savings and credit cooperatives (SACCOs) are staring at possible sanctions after failing to register with the Financial Reporting Centre (FRC) as required under new anti-money laundering regulations. SASRA noted: “A [...]
    Fred
    Fred Obura
    6 months ago
    New Regulations to Tighten Customer Service in Kenya's Power Sector

    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 [...]
    Chelsy
    Chelsy Maina
    6 months ago
    Ethiopia MPC Holds Policy Rate at 15%, Raises Credit Growth Ceiling to 24%

    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%. [...]
    Harry
    Harry Njuguna
    6 months ago
    Kenya Plans To Slash Mobile Money Transaction Fees

    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 [...]
    Brian
    Brian Nzomo
    6 months ago
    Kenya To Raise Compensation Limits to Bolster Trust in the Financial Sector

    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 [...]
    Brian
    Brian Nzomo
    6 months ago
    Lawmakers Push Government Advertising Agency to Ditch “Analogue” Monitoring

    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 [...]
    Brian
    Brian Nzomo
    6 months ago
    MPs to Consider Interest Cap So Borrowers Don't Pay More Than They Borrow

    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 [...]
    Brian
    Brian Nzomo
    6 months ago
    African Gaming and Lottery CEOs Host First Forum in South Africa

    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 [...]
    Staff
    Staff Reporter
    6 months ago
    Nairobi Tops Counties in Foreign Travel Spending

    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 [...]
    Fred
    Fred Obura
    6 months ago
    Private Hospitals Suspend Services For SHA Beneficiaries Citing Delays

    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 [...]
    Brian
    Brian Nzomo
    6 months ago

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