Author: Patrick Alushula
Kenya plans 16% VAT on insurance agency and brokerage services
Kenya’s insurance agencies and brokerage services could start attracting up to 18% value added tax (VAT) by as early as July 2024, as the government l [...]
Continental Re Kenya names new managing director
Pan-African reinsurance firm Continental Reinsurance has named Kevin Mworia as the new managing director for the Kenya subsidiary following the retire [...]
Africa bets on larger share of carbon credit market to sustain green projects
Africa wants to boost its carbon credits production 19-fold by 2030 to get a much bigger share of a growing $2bn market as it seeks money to sustain i [...]
Africa sets stage for COP 28 by adopting Nairobi Declaration on climate change
Africa will push for a global carbon tax on fossil fuels, reforms on the world financial system and operationalisation of the loss and damage facility [...]
Africa nets $23bn commitments in inaugural climate summit
Africa netted climate-related deals worth US$23bn in the inaugural climate summit held in Nairobi, Kenya, giving hope to the sustainability of the con [...]
Africa must be allowed to use all it has including fossil, AfDB head stresses, as insurers battle with the balance of sustainability
African Development Bank (AfDB) president Akinwumi Adesina says Africa must be allowed to optimise all the energy mix it has including exploiting its [...]
African youth seek inclusion in the continent climate finance agenda
Africa’s youth are demanding involvement in charting the path to climate change adaptation and mitigation, warning that the continent stands to lose a [...]
Africa seeks end to global north vs global south climate change debate
Africa wants to drop off from the global discourse about countries that have contributed the most to climate change and chart its own path in investin [...]
ICEA Lion Life stresses the role of agents training in boosting insurance uptake
Kenya’s largest life insurer by asset base, ICEA Lion Life Insurance, says the sector must prioritise training of sales agents if the industry is to c [...]
Kenya pushes for climate change resilience to avert KES321bn annual exposure
Kenya is rolling out a package of climate change resilience interventions to enhance its sustainability, with annual costs of repeated patterns of cli [...]