Patrick Alushula

The surge in outstanding loans from Sh974.2 billion to Sh1.197 trillion came in the when period outstanding on-lent loan arrears, which include principal and accrued interest not paid, amounted to Sh266.5 billion.

Les gouvernements africains devront collaborer avec les assureurs du continent pour faire de l'assurance un outil permettant de combler le déficit d'investissement prévu de 450 milliards de dollars dans les projets d'adaptation au changement climatique et d'atténuation de ses effets.

African governments will have to work with insurers on the continent to elevate insurance as a tool for closing the projected $450 billion investment gap in climate adaptation and mitigation projects.

Insurers must be prudent when investing premiums so that the chase for a return does not stand in their way of settling customers' claims. That is the delicate balance that underwriters in Kenya are being asked to achieve.

Treasury shows StanChart closed the period with two dollar-denominated loans of Sh14.17 billion and Sh2.46 billion to Kenya Power and Kenya Pipeline, respectively.

Suppliers of goods and services to large firms are facing enhanced scrutiny including on their practices such as minimum wage and payment of

Ride-hailing firms, including Bolt and Uber are working on a joint system that will see errant drivers suspended or locked out of all the apps in the push to improve passenger safety.

'Price is not the only answer to questions within ride-hailing business. There are other things that app companies can do to differentiate.'

Central Bank of Kenya (CBK) data shows that January to August earnings grew from Sh162.3 billion posted in the same period last year.

The race to close gender parity in the banks saw Absa, NCBA, KCB and StanChart close the review period with more female workers than male.