The Kenya Deposit Insurance Corporation (KDIC) has published the official list of institutions whose deposits are insured up to 30 June 2026. Deposits placed in these institutions are protected under the Kenya Deposit Insurance Act, 2012, which guarantees up to KSh 500,000 per depositor per institution in the event of a bank failure. This statutory…
The Roundup Hello, Iโm Annah. Welcome to todayโs edition of The Business Roundup. In this issue, we examine loan rates across Kenyan banks as released by the Central Bank of Kenya (CBK), the proposed capping of M-Pesa and Airtel money transfer fees, the creation of more jobs as construction begins on a Ksh19 billion electric…
Billionaire Dr. Benson Wairegi. PHOTO/The Kenyan Wall Street. Billionaire Dr. Benson Wairegi is one of Kenyaโs most accomplished corporate leaders, having led Britam Holdings Plc from a struggling home insurer into a regional financial services powerhouse. With a career of about 40 years, Wairegi is widely regarded as Kenyaโs longest-serving CEO of a listed company…
An aerial view of Nairobi City. PHOTO/Safari Vacations and Travel Services. The Nairobi International Financial Centre (NIFC) has been admitted as the 21st member of the World Alliance of International Financial Centers (WAIFC) during its Annual General Meeting in Frankfurt, Germany. In a statement on September 30, the National Treasury stated that the move affirms…
Safaricom CEO Dr. Peter Ndegwa. PHOTO/Safaricom. Safaricom has announced disruption in Fuliza services. In a statement on September 30, Safaricom confirmed the disruption is affecting customers and asked them to report the challenges they are experiencing. Hello, we are currently experiencing challenges with Fuliza repayments. What challenge do you have on your end? Customers raised…
Waste management truck. PHOTO/NEMA Waste management in Kenya is tightly regulated, requiring every business that handles collection, transport, treatment, or disposal of waste to obtain a licence from the National Environment Management Authority (NEMA). The system is designed to curb environmental risks, promote public health, and professionalise a sector that has long suffered from informality.…
The National Cereals and Produce Board (NCPB) has announced new maize purchase prices ahead of the harvesting season. The National Cereals and Produce Board (NCPB) has announced new maize purchase prices ahead of the harvesting season. In an internal memorandum dated Tuesday, September 23, NCPB set the purchase price for Grade I and II maize…
M-Pesa Africa is the continentโs largest fintech platform, serving more than 60 million customers and 5 million businesses across eight countries. Every day, we power over $1.2 billion in transactions, helping people and organizations send and receive money, make payments, access affordable credit and savings solutions, and grow their wealth. We are proud to be…
HFC Limited, the banking and property finance subsidiary of HF Group has an exciting opportunity in our Retail Banking Department.We are seeking for a talented, dynamic, self-driven and results oriented individual who is committed to performance, excellence and participating in our growth strategy. Manage the tills portfolio by monitoring the transaction numbers, managing tills dormancy,…