Insurers owe policyholders Sh39bn in delayed payments
Policyholders’ claims, also known as non-liability claims, have surged by a third from Sh29.73 billion.
Source: nation.africa
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Mauritian company buys stake in Kenya beverage firm
Phoenix Beverages Limited (PBL) has received approval to acquire a 28.15 percent stake in a local firm.
Source: theeastafrican.co.ke
Kenyans under probe over Sh86bn 'illicit' transactions
Kenyan investigative agencies flagged and investigated more than Sh86 billion generated from suspected illicit activities.
Source: nation.africa
Airtel Africa to build data hub in Kenya after Nigeria project
Airtel Africa plans to build a data centre in Nairobi.
Source: theeastafrican.co.ke
CBK in major operation to stop aggressive dollar bids
CBK is holding private meetings with banks to try to persuade them against aggressive quotes of the dollar.
Source: nation.africa