Home ownership has traditionally been the foundation of the average Kenyan’s growth in net worth. Year over year, however, the ability of Kenyans to purchase land or homes has decreased. The World Bank estimated in 2017 that 6 out of 10 households in Nairobi are in the informal settlements[1]. In government administrations, current and previous, housing […]

Kenyan cooperative insurer, CIC Insurance Group, took a clear stand to pay claims resulting from losses due to political violence, unlike some insurance companies that have attached conditions to honoring such claims. Post-election related claims paid by the company amounted to about Kshs. 100 million (USD 1.2 million), mainly from small businesses owned by members […]