The report titled “ Money Insurance Market ” offers a primary overview of the Money Insurance industry covering different product definitions, classifications, and participants in the industry chain structure. The quantitative and qualitative analysis is provided for the global Money Insurance market considering competitive landscape, development trends, and key critical success factors (CSFs) prevailing in […]
Britam Insurance headquaters in Upper Hill. /FILE Britam Holdings now targets low income earners to increase insurance uptake even as it marks paying Sh3 billion in health and life claims to customers since 2015. The company’s Emerging Consumer Business Director Saurabh Sharma said many Kenyans, especially smallholder farmers and small businesses, could not afford insurance […]
Securities trader Mbuthia Irungu at Nairobi Securities Exchange (NSE) trading floor at the Exchange building in Nairobi on August 26, 2020. PHOTO | SALATON NJAU | NMG Nearly 97 percent of equities accounts used for trading at the Nairobi Securities Exchange (NSE) have been dormant in the past two years, revealing the apathy among retail […]
Kenya has the lowest saving and investing rate at 14 per cent among the top economies in East Africa with Tanzania at 36 per cent and Uganda at 22 per cent The country has seen three firms launch digital savings and investment platforms since the start of 2022, giving banks a run for their money […]
The Kenyan capital market has an estimated 90,000+ registered online traders trading forex and stocks. This is no mean feat as Kenya ranks third in Africa behind Nigeria and South Africa on the list of African countries with the highest number of online traders. Availability of mobile internet all over Kenya, advancement in modern technologies […]
Standard Chartered Plc #ticker:SCBK is set to enter the local e-commerce business through Solv, an India-based technology firm in which it invested in December 2020. The multinational’s local subsidiary, Standard Chartered Bank Kenya, is expected to be the financial partner of the platform which offers small businesses an online marketplace, credit, and support services. “Expansion […]
Overlapping regulatory mandates on how companies should report on the environment and corporate governance is making compliance difficult, a global audit firm has said. The environmental, social and governance (ESG) head at KPMG East Africa Edgar Isingoma said regulations from multiple bodies is creating a complex landscape for implementation of guidelines. “There are scattered initiatives […]
LONDON, ENGLAND, February 23, 2022 /24-7PressRelease/ — Global Banking and Finance Review is privileged to honour those financial institutions who have achieved outstanding results and who stand out in their particular area of expertise in the banking and finance industry. Global Banking & Finance Review would like to congratulate the award winners and look forward […]
The national statistics agency has failed to account for Sh500 million that was spent on allowances for security personnel who oversaw the 2019 population census after police refused to provide expenditure details. Kenya National Bureau and Statistics (KNBS) director-general Macdonald Obudho told Parliament that it wired Sh500 million to the National Police Service to meet […]
The National Treasury is seeking to raise Sh50 billion from three bond sales in March, comprising reopening of securities that were first auctioned between 2020 and last year. The government’s fiscal agent, the Central Bank of Kenya, on Thursday opened the sale of a five-year, 15-year and 25-year bond and the period of sale closes […]
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