32 Kenyan families are set to receive a total of Sh11.3 billion in additional compensation linked to the 2019 Ethiopian Airlines Flight 302 crash.
Each family will receive about Sh353 million, on top of an earlier payout of about Sh188 million.
Banks’ profit performance in the first six months of 2026
— Equity: Up 32% to Sh45.5 billion
— KCB: Up 14% to Sh36.9 billion
— Co-op: Up 28% to Sh18 billion
— NCBA: Up 12% to Sh12 billion
— Absa: Down 9.8% to Sh10.5 billion
— Stanbic: Up 1% to Sh6.6 billion
— DTB: Up 34% to Sh6.4 billion
— StanChartKE: Down 17% to Sh6.7 billion
— Family Bank: Up 62% to Sh3.7 billion
— Sidian: Up 28% to Sh1.2 billion
Electricity prices will remain unchanged after the Energy Ministry withdrew Kenya Power’s proposed tariff review that could have raised costs from July 1, 2026 to 2029.
The proposal had sought to adjust retail electricity tariffs, but it has now been dropped
Kenyans now prefer life insurance over general insurance.
Life insurance premiums have gone up to about Sh235 billion, compared to about Sh227 billion for general insurance, as of 2025.
A new bill has been proposed in Parliament to block illegal movie and sports streaming sites in Kenya.
If passed, internet providers will have 48 hours to block these sites after a complaint from a copyright owner.
Starlink has now officially introduced mandatory in-person ID verification for all customers in Kenya.
Subscribers now have until April 30, 2026, to visit an authorised retailer with a valid ID and their account details.
Kenya has officially ended physical business certificates.
Entrepreneurs can now access all registration documents digitally through the eCitizen BRS portal.
Top in Business Daily tomorrow | 18th Dec
• Diageo has agreed to sell its controlling stake in East African Breweries Limited to Japan’s Asahi Group, crystallising an estimated KES 47B profit on its investment.
• Kenya Airways is facing a leadership vacuum following the exit of CEO Allan Kilavuka, compounding governance and execution risks at the national carrier.
• The cost of voluntary early exits by civil servants has risen sharply to KES 1.6B, highlighting the growing fiscal impact of public sector separation programmes.
• Regulators have introduced new rules requiring virtual asset service providers to maintain a minimum paid up capital of KES 50M, tightening oversight of the digital assets sector.
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Here is how payslips will look after February 2026, with NSSF rising for higher earners
The calculations we have done include PAYE, Housing Levy, SHIF, and the new NSSF deductions:
— A salary of Sh50,000 → Net pay: Sh39,270
— A salary of Sh75,000 → Net pay: Sh63,500
— A salary of Sh100,000 → Net pay: Sh70,660
— A salary of Sh200,000 → Net pay: Sh137,300
— A salary of Sh350,000 → Net pay: Sh237,000
— A salary of Sh500,000 → Net pay: Sh335,500
— A salary of Sh800,000 → Net pay: Sh525,700
— A salary of Sh1,000,000 → Net pay: Sh647,500
State House has overspent its budget by 125%, using Sh4.3 billion instead of the planned Sh1.9 billion in the first three months of the current financial year.
This raises concerns about spending control at State House.
Millions of gamblers are set to give part of their betting money to SHIF and pension savings under the new rules.
This decision comes after the government allowed the betting regulator to set a savings deduction from each bet.
The two balloons, which carried more than 18,000 packs of cigarettes, interfered with 30 flights and affected around 6,000 passengers.
https://t.co/r4YUbe8l2H