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The Association of Kenya Insurers (AKI) says the standard requires insurers to provide highly detailed reporting, which many companies are ill-equipped to handle. According to the latest AKI report, historical records were inconsistent, missing, or dispersed across legacy IT systems incapable of supporting the new accounting requirements.
Data from the State Department for Housing and Urban Development shows that only 292,326 Kenyans had signed up on Boma Yangu by the end of June, far below the government’s target of 565,800. This reflects a lukewarm response to President William Ruto’s flagship housing project, intended to provide affordable homes across the country.
According to the latest quarterly statistics, the tally rose from 111,313 recorded three months earlier. This added 4,340 new registrations, representing a 3.9 percent increase. The authority noted that the upward trend has been consistent since 2018, when the registry stood at 85,744, before rising to 101,123 in 2020 during the widespread shift to online platforms brought on by Covid-19 restrictions.
According to the Kenya National Bureau of Statistics (KNBS), the figure represents wages and allowances paid directly by families to domestic workers and other household staff. KNBS notes that these payments account for 0.6 percent of Kenya’s economy.
Fresh data from the central bank shows that DIB Bank Kenya, Consolidated Bank of Kenya, Co-operative Bank of Kenya, Kingdom Bank, UBA Kenya Bank, Diamond Trust Bank Kenya, Premier Bank Kenya, and Access Bank Kenya have all raised their overall weighted average lending rates in the year to August.
According to Treasury data, monthly loans to the private sector rose to Sh10.7 billion in June, compared to Sh2.5 billion during the same period last year, ending a five-year stretch where lenders were reluctant to advance funds.
Data from the Communications Authority of Kenya (CA) shows the pay-TV provider had only 188,824 active users by June 30, 2025, a steep fall from 1.19 million in the same period last year.
Figures from the Business Registration Service (BRS) reveal that 2,260 companies applied to cease operations, both voluntary and forced, marking a 24.3 percent increase from the 1,817 that closed in the previous year ending June 2024.
According to internal reports, 719 schools were flagged for supplying incorrect bank details, raising fears of misdirected payments, while about 900 schools submitted incomplete records that left many learners unaccounted for.
Pedestrians make up the largest share of deaths at 1,285, followed by 858 motorcyclists, 568 passengers and 309 drivers.
The report reveals that young people aged 25 to 34, often called Zillennials, have the highest Internet usage rate at 59.3 percent. This group benefits from a stronger financial position and the need to use digital tools for work.
The growing inflow of imported shoes presents a fresh test for the Ruto administration’s promise to grow the country’s leather value chain and reduce Kenya’s reliance on foreign products.