Britam General Insurance, Hotpoint Appliances, and MIC Global Risks have announced a strategic partnership to offer a 12-month all-risks insurance cover on select appliances purchased at Hotpoint outlets nationwide and online at no extra cost to customers. The cover is automatically activated at the point of purchase and protects eligible appliances against accidental damage, power surges, fire, water damage, transit loss, theft, burglary, and political violence and terrorism. Customers also benefit from a repair-or-replace guarantee, with claims processed via Britam’s digital claims portal. What’s Covered Eligible products include: Refrigerators and freezers Televisions and selected audio equipment Laundry machines and dishwashers…
Author: Lorine Otamo
Zenith Bank, Nigeria’s second-largest lender by asset base and market capitalisation, is set to acquire Kenya’s Paramount Bank in a strategic move that deepens its footprint in East Africa and signals growing investor confidence in Kenya’s evolving financial landscape. Nigerian Banks Deepen East African Presence Zenith joins Access Bank, which acquired the National Bank of Kenya from KCB Group in April 2025, as part of a broader wave of Nigerian financial institutions expanding into Kenya’s high-growth market. Executives from Zenith Bank recently travelled to Nairobi to meet with Paramount Bank shareholders. The transaction is expected to close within months, pending…
Kenya’s remittance inflows reached USD 438.8 million in October 2025, marking a 0.4% year-on-year increase from USD 437.2 million in October 2024. This represents the third-highest monthly inflow on record, according to the Central Bank of Kenya. Cumulatively, diaspora remittances over the 12 months to October 2025 totalled USD 5.08 billion, up 5.8% from USD 4.80 billion in the same period last year. This puts 2025 on track to exceed USD 5 billion in annual remittances for the first time, reinforcing the sector’s role as a key pillar of Kenya’s foreign exchange earnings and balance of payments support. Year-to-Date Performance…
Showmax is set to premiere Adam to Eve, a bold new original dramedy starring Blessing Lungaho (Untying Kantai) as Adam, a charming Nairobi playboy whose life takes a surreal turn when a mysterious curse transforms him into a woman. The series drops on November 26, 2025. Produced by Historia Films, Adam to Eve follows Adam as he navigates the consequences of his past behaviour. Known for treating women as disposable, Adam wakes up one morning as Eve, forced to confront his own misogyny and experience life from the other side. To break the curse and reclaim his former life, he…
Naivas Limited, Kenya’s largest retail chain, has teamed up with Uber Eats to accelerate e‑commerce growth and enhance shopping convenience nationwide. Announced on November 13, the partnership allows customers to shop Naivas products directly via the Uber Eats app and enjoy fast, reliable home delivery. Naivas CEO Andreas Von Paleske said the collaboration reflects the retailer’s commitment to meeting customers where they are. “This partnership with Uber Eats extends our trusted in‑store experience to the digital space, giving shoppers more convenience, choice, speed, and flexibility in how they access everyday essentials,” he noted. Uber Eats Adds Value Through Technology Uber…
Kenya’s leading supermarket chain, Naivas, has reported a 43.4% surge in net profit to Sh2.39 billion (861.7 million Mauritian Rupees) for the financial year ending 2025, driven by robust consumer demand and aggressive store expansion. The previous year’s net profit stood at Sh1.87 billion (600.7 million Mauritian Rupees), marking a strong year-on-year performance. Revenue and Store Growth Naivas’ total revenue rose by 21.6% to Sh111.6 billion (40.28 billion Mauritian Rupees), powered by new store openings and increased footfall. The retailer now operates 108 outlets across strategic locations in Kenya, according to its majority shareholder, IBL Group. “Naivas increased its turnover,…

