Britam Insurance has designed the Milele Health Plan to provide individuals and families with a strong health insurance solution. This plan caters to your healthcare needs throughout your life, ensuring financial security and access to quality medical care. Britam Milele Health Plan Benefits Lifetime Coverage: Unlike many insurance plans that expire at a certain age,…
Healthcare expenses are continuously increasing in Kenya today, with unforeseen illnesses potentially causing significant financial strain. Thankfully, health insurance in Kenya provides a crucial safety net, ensuring financial protection during hospitalizations or medical emergencies. However, with a lot of health insurance companies and plans available, choosing the most cost-effective option that suits your needs can…
Nippon Paint, the world’s fourth-largest paint manufacturer by revenue, has officially entered the East African market with its subsidiary, NIPSEA Paint Kenya. This move brings advanced Japanese technology to enhance customer experiences in automotive refinish, car care, wood coating, and industrial coatings. The paint giant, operating through a distributorship model, has established Nairobi as its…
Farmers Choice has announced the launch of a new addition to their product range: Beef Smokies Bazenga. This product promises to revolutionize the snack and meal experience for meat consumers. Beef Smokie Bazenga is crafted from the finest quality beef, seasoned uniquely and smoked to perfection. Falling under cooked products range, this irresistible smokie offers…
APA Insurance and Hollard Health have announced the launch of a new international health insurance solution named APA Hollard Health. This innovative offering integrates state-of-the-art technology with a personalized approach, empowering individuals, families, SMEs, and corporates to manage their health and well-being effectively. APA Hollard Health emphasizes preventive care and wellness, distinguishing itself with extensive…
Jambojet has launched a new direct flight route from Zanzibar to Mombasa, Kenya, as part of a strategic initiative to enhance socio-economic growth in tourism, trade, and culture in alignment with East Africa Vision 2050. The inaugural flight departed from Mombasa’s Moi International Airport and arrived at Zanzibar’s Abeid Amani Karume International Airport (AAKIA). The…
Kenya’s National Health Insurance Fund (NHIF) is at the center of a financial scandal following a recent audit that uncovered a Sh368 million discrepancy in claim payouts. The Auditor-General, Nancy Gathungu, discovered the irregularities during an investigation into the Fund’s activities for the fiscal year ending June 2023. According to the audit, NHIF disbursed an…
The Central Bank of Kenya (CBK) has announced the licensing of seven additional Digital Credit Providers (DCPs), increasing the total number of licensed lenders in the country to 58. This follows the licensing of 19 DCPs in March 2024. This development signifies continued advancement in regulating Kenya’s digital credit market. Since March 2022, the CBK…
Equity Group shareholders have overwhelmingly approved all proposals presented by the Board of Directors during their 20th Annual General Meeting held virtually on Wednesday. Shareholders endorsed a Ksh 15.1 billion dividend payout for the second consecutive year, reflecting a payout ratio of 36%, up from 33.6% the previous year. “The Kshs. 4 per share dividend…
Kenyan listed banks are set to generously reward their shareholders with a combined payout of Ksh 63.08 billion for the financial year 2023, expected on this Friday, the 28th. This exciting announcement follows a period of strong performance by the banks, with most reporting significant growth in net profits. Equity Group Holdings, a regional banking…
