Connect with us
Kenya’s insurance sector faces scrutiny as a shareholder dispute at Cannon Insurance highlights challenges in mergers, acquisitions, and corporate governance.
CIC Insurance doubles profit to $21M, announcing a $5.6M bonus share issue while maintaining dividends, underscoring its strong growth in East Africa’s market.
Equity Group prioritizes internal financing, maintaining a Sh16B dividend payout while strengthening regional operations for sustained growth and stability.
Mwalimu Sacco embarks on a strategic shift after exiting Spire Bank, refocusing on core financial services and new investment opportunities for long-term growth.
Britam forgoes dividends despite record profits, focusing on reinvestment and expansion into the DRC to strengthen its financial position and fuel long-term growth.
Kenya faces scrutiny over financial mismanagement as unused COVID-19 loans continue to accrue costs, raising concerns about accountability and fiscal oversight.
Co-op Bank wins Kenya’s Most Sustainable Bank award for the 5th year, reaffirming its commitment to ESG principles. Through its foundation, the bank has supported over...
TPLF rejects PM Abiy Ahmed’s call for a new Tigray leader, calling it a violation of the Pretoria Agreement. Tensions rise over governance and aid concerns.
Rwanda cuts ties with Belgium, accusing it of interference in regional conflicts. Belgium calls the move “disproportionate,” highlighting strained diplomacy.
If accepted, Somalia's offer would expand the U.S. military presence in the Horn of Africa, enhancing counterterrorism efforts and enabling rapid deployment across the region.
