Liberty Life Assurance Kenya and Heritage Insurance Company Kenya have been awarded an AA+(KE) financial strength rating with a Stable Outlook by Global Credit Rating Company (GCR), an affiliate of Moody’s global rating agency, reinforcing their position among the country’s most financially resilient insurers. The two companies are subsidiaries of Liberty Kenya Holdings, and the…
The Kenyan Court of Appeal has rejected an application by Paul Ndung’u to reopen a concluded legal dispute over the SportPesa brand. The decision, delivered by a three-judge bench, rejected the application made by Mr. Ndung’u and ultimately dismissed his motion in its entirety, finding it had “no merit”, and awarding costs to Milestone Games….
The Commission on Revenue Allocation (CRA) has proposed a resource allocation of Sh458.94 billion to the County Governments, citing the need for equitable sharing between the two levels of government. Led by its chairperson, CPA Mary Wanyonyi Chebukati, the Commission made their submissions regarding the 2026 Budget Policy Statement (BPS) before the Committee on Budget…
Kenya has taken a bold step toward securing a more reliable, affordable, and sustainable energy future with the enactment of the Energy (Integrated National Energy Plan) Regulations, 2025 (Legal Notice 83 of 2025). The new regulations operationalize provisions of the Energy Act, 2019 and introduce the Integrated National Energy Plan (INEP), a comprehensive framework designed…
Two former senior county officials and a sitting Member of the County Assembly of Garissa County were yesterday arraigned over the alleged fraudulent loss of Sh51,495,253 from the Garissa County Government. Bambala MCA Abdi Ibrahim Daar, former Director of Accounting Services Mohamud Dubow Korane, and former Senior Principal Economist Yussuf Bethe Ali were charged alongside…
Stanbic Bank has renewed its commitment to Africa’s long-term economic transformation through a Platinum Sponsorship of the 2026 Africa Editors Congress. The bank said the sponsorship underscores its support for strong and trusted institutions that enhance market confidence and broaden economic participation across the continent. The inaugural congress, organised by the African Editors Forum and…
By Dr. Edna Chawiya In Kenya, approximately 58 percent of people plan to celebrate Valentine’s Day, with average spending expected to reach around KES 9,000. This figure may appear modest in isolation, but it becomes more significant when viewed against broader economic realities, rising living costs, and the demographic reality of a young population navigating…
The Kenya Medical Practitioners, Pharmacists and Dentists Union (KMPDU) has served a seven-day strike notice in Mombasa County after the suspension of Coast General Teaching and Referral Hospital (CGTRH) Chief Executive Officer, Dr Iqbal Khandwalla. In a statement issued on Tuesday, February 24, the union criticised the county government’s handling of the suspension, questioning both…
Efforts to rid the Coast region of criminal elements received a major boost after security officers arrested two-armed suspects linked to a violent robbery and abduction in Mombasa and recovered a loaded AK-47 rifle. The suspects — Collins Ochieng alias Voke (22) and Timothy Omondi Mgowe (23) — are believed to be behind a February…
A trailer donated to Nairobi Senator and embattled ODM Secretary General Edwin Sifuna’s Linda Mwananchi campaign has been stoned after an attack in Kisumu. This has been revealed by the embattled SG who disclosed that the trailer was pelted with stones and suffered damage to its windshield. The trailer donated by those in support of Sifuna’s…
