Collapsed cement manufacturer ARM Cement Limited is set to wind up its operations due to mounting debt and unresolved tax liabilities, as confirmed by its joint administrators.

• Total outstanding debt stands at Sh11.8 billion.
• Key entities involved include ARM Cement and tax authorities such as the Kenya Revenue Authority, Tanzania Revenue Authority, and Rwanda Revenue Authority.
• The resolution of tax disputes, particularly with the KRA, is expected by June 2026.

Standard Chartered Bank Kenya Limited has announced the resignation of its Chief Financial Officer and Executive Director, Chemutai Murgor. Her departure is set to take effect on May 31, 2026, concluding a significant tenure with the bank.

• Chemutai Murgor has resigned after more than 15 years with Standard Chartered Bank Kenya Limited.
• The resignation follows closely after the departure announcement of the bank's Managing Director and CEO, Kariuki Ngari.
• This period of executive exits occurs in the wake of a Supreme Court ruling ordering the bank to pay approximately Sh7 billion to over 600 former employees in a pension dispute.

The Insurance Regulatory Authority (IRA) has identified Directline, Trident Insurance, and AMACO as the general insurers facing the highest number of customer complaints in Kenya during the third quarter of 2025.

• Directline received the most complaints with 124 cases, followed by Trident with 68 and AMACO with 50.
• Of the 532 total complaints registered by the IRA in Q3 2025, 82.9% were against general insurance providers.
• The report highlights the resolution rates for these complaints, with 47.2% of general insurance grievances and 50.5% of long-term insurer complaints being resolved.