CIC Group’s shareholding in Takaful Insurance of Africa fell from 22% to 7.4% after a Djibouti-based firm took majority control of the Kenyan insurer. Tamini Insurance S.A. acquired 65% of Takaful Insurance of Africa’s issued share capital, a transaction the Competition Authority of Kenya approved unconditionally in April 2025. The deal diluted all existing shareholders, including CIC Insurance Group, whose combined stake now stands at 35% alongside other minority investors. The Authority cleared the deal on the grounds that Tamini holds no general insurance operations in Kenya. The acquisition therefore leaves the structure of the local insurance market unchanged. Competing…
Author: Lynet Awino
Lynet Awino
Lynet Okumu, a Masinde Muliro University graduate, is a digital journalist passionate about impactful storytelling. She writes on health, business, relationships, and daily life, blending accuracy and creativity to craft engaging, informative content.
The Kenya Copyright Board (KECOBO) has launched the Consolidated Music and Audio-Visual Works Tariffs for 2026 to 2028, bringing changes to how royalties get collected across the country’s entertainment and commercial sectors. The framework consolidates royalty payments for authors, producers, performers, and actors into a single licensing fee, a shift designed to simplify compliance for businesses that previously dealt with multiple rights bodies separately. What the New Tariffs Cover The regulations cast a wide net. Mobile DJs face an annual fee of Ksh 30,000, or Ksh 1,000 per event, while DJ academies pay a flat rate of Ksh 20,000 per…
MultiChoice Talent Factory Eastern Africa Academy celebrated 19 filmmakers from Kenya, Ethiopia, Tanzania, and Uganda. This graduation concludes a nine month program designed to sharpen the skills of the next generation of storytellers. These graduates mastered a curriculum covering directing, producing, cinematography, scriptwriting, and editing. Industry Mentorship and Authentic Narratives Students moved beyond traditional classrooms to gain mentorship from award winning professionals. This hands on approach resulted in high quality content that captures genuine African experiences. Academy Director Victoria Goro praised the cohort for their resilience during the ceremony. “Each of you carries the responsibility of shaping Africa’s creative future…
A chief executive who sends sexually explicit WhatsApp messages and forwards suggestive TikTok videos to a junior employee commits sexual harassment, regardless of how casual or informal the workplace culture may be. That is the unambiguous message Kenya’s Employment and Labour Relations Court sent to employers on 19 September 2025, in a ruling that extends the legal boundaries of workplace harassment well beyond the physical office and into the digital spaces where most professional communication now happens. The judgment arrives at a moment when the line between professional and personal communication grows thinner by the day. Managers routinely reach employees…
Three major corporations are joining forces to manufacture and sell feminine hygiene products in Kenya, building on sales that have already outpaced their own expectations and targeting a market where only three in ten women currently use sanitary pads. Toyota Tsusho Corporation, CFAO Kenya Limited and Japan’s Unicharm Corporation have formally notified the COMESA Competition Commission of their intention to establish Sofy East Africa Limited, a joint venture company to be incorporated in Nairobi. The new company will manufacture and sell feminine hygiene absorbent products, including disposable sanitary pads, tampons, pantyliners and reusable pads, with an eye on export to…
Kenya welcomed 7.9 million tourists in 2025, earning Ksh 0.5 trillion as international arrivals grew at more than double the global average. International visitors rose from 2.47 million in 2024 to 2.7 million in 2025, a 9 percent increase that outpaced the global growth rate of 4 percent. The figures, released Thursday in the Kenya Tourism Sector Performance Report 2025, confirm the country’s growing pull among travellers worldwide. What Drove the Growth The Ministry of Tourism and Wildlife pointed to three main factors: a visa-free policy, increased flight connections, and sustained marketing under the Magical Kenya brand. The sector generated…