Business Daily

Kidney patients have faulted plans by the National Hospital Insurance Fund (NHIF) to slash payouts for renal dialysis as part of a cost-cutting drive, warning it would put thousands of lives at risk.
The State-backed insurer has proposed to chop the average payout for a renal dialysis sess…

Hospitals and healthcare providers found processing fake claims from the National Hospital Insurance Fund (NHIF) will be stripped of their accreditation permanently under changes to the law aimed at protecting the scheme from fraud.
The stiff penalty for cheats is contained in the National…

Equity Group has set aside Sh500 billion to finance Kenyan and South African firms seeking to trade or invest in Africa, in a move to expand its business beyond seven countries where it operates.
The bank will offer credit to companies that want to set up manufacturing, const…

Former Treasury Cabinet Secretary Henry Rotich has opposed plans to merge two case files involving the Sh63 billion Kimwarer and Arror dams’ scandal, arguing that it was a ploy by the prosecution to delay his trial.
Further, Mr Rotich told chief magistrate Lawrence Mugambi to…

The Court of Appeal has barred the anti-graft body from auctioning properties worth millions of shillings belonging to a former chief accountant at the National Treasury suspected to have been acquired from Anglo Leasing scandal proceeds.
Justices Asike Makhandia, Jamila Mohammed and Dr Im…

Chief executive officers face Sh1 million fine or 10 years in jail if they fail to set up internal code of conduct for battling bribery and corruption as the State extends the fight against graft to the private sector.
The new guidelines will require firms to have a written code mapping ou…

Kenya Airways has the most expensive tickets among airlines operating in Africa, charging more on average than carriers such as Ethiopian Airlines, South African Airways and Air France.
A new study by competition authorities representing a total of 24 African countries found that KQ, as th…

Sonko moved to the Court of Appeal in a bid to convince it to order a status quo – in effect, ensuring that Kananu does not assume office until his appeal is heard and determined.
He said he was apprehensive that should Kananu become the substantive Governor, then his appeal …

When a genre of music that has changed very little of its original format over a period of almost a century begins to embrace contemporary influences, then its traditional fanbase is often stunned by the transformation.
Taarab, the soundtrack of the East Coast of Africa, whose core influen…

Paint prices are likely to rise by five to 10 percent in the coming days, on costlier raw material, manufacturers said.
Industry data shows that the price of a tonne of Titanium Dioxide, which is used to make paints, has gone up by 45.46 percent to Sh3,661 ($33) from Sh1,997….