Patrick Alushula

Jubilee Holdings averted Sh1.28 billion losses in fictitious claims last year, nearly three times the previous year's figure, as it deployed artificial intelligence (AI) tools to curb insurance fraud.

Co-op Bank raised its dividend for the year ended December 2025 by 66.6 percent to Sh2.50 per share, amounting to a record Sh14.6 billion, on the back of double-digit earnings growth.

The prosecution of Metropolitan's former officials mirrors the action taken against ex-officials of Kenya Union of Savings and Credit Co-operatives (Kuscco) after a forensic audit unearthed a Sh13.3 billion fraud that left the umbrella body insolvent to the tune of Sh12.5 billion.

Cooperatives umbrella organisation suffered a Sh13.3 billion fraud that was disclosed in 2025.

Metropolitan Sacco is facing mounting liquidity pressure as a surge in member exits forces the troubled institution to refund the withdrawing depositors following orders from co-operatives tribunal.

In the judgment, the court held that the renewal of a CEO's contract in a State corporation is not solely a board decision but is subject to concurrence by the parent ministry—in this case, the Treasury.

Kenya is well positioned because it combines strong infrastructure opportunity, with deep domestic savings and a sophisticated financial sector.

Rwanda's commercial bank BK Group reported a 3.7 percent profit growth in the first quarter ended March, helped by higher interest income.

Kenya's inflation accelerated ‌for the second month running in May, hitting its highest in more than two years, largely due to fuel price increases linked to the Iran war and further eroding workers' disposable income.

The awards recognised the two Kenyan institutions for expanding access to finance and capital markets across the region.