The Kenyan insurance industry is undergoing a significant transformation, moving away from rigid, traditional products towards more accessible, customer-centric, and digitally-driven models to cater to a dynamic market.

• Insurers must adapt to a market with a large informal economy and tech-savvy youth by offering flexible, usage-based options instead of annual premiums.
• Small and Medium-Sized Enterprises (SMEs), which employ over 80 percent of Kenya's workforce, are largely underserved and require modular, scalable insurance bundles.
• Companies like First Assurance Company are innovating by offering tailored coverage, such as modular medical plans for small teams, and expanding their regional footprints beyond Nairobi.

Capital FM is hosting a Business, Investment and Growth townhall on Thursday, July 30, bringing together leading Kenyan experts to discuss wealth creation and economic prospects.

• The townhall, themed "driving business growth and smart investing," will run from 8:00 a.m. to 10:00 a.m. at Strathmore University.
• Key participants include CEOs and financial experts from organizations like I&M Capital Limited, Nabo Capital, KPMG East Africa, and Mentoria Economics.
• The event aims to provide practical insights for investors and entrepreneurs on navigating the current economic landscape and making informed financial decisions.

Kenyan SMEs are increasingly turning to alternative financing like structured trade finance to navigate a severe liquidity crunch caused by escalating unpaid government pending bills.

• Outstanding public pending bills reached a record high of Sh465.87 billion as of March 2026.
• Faulu Microfinance Bank, an Old Mutual-backed institution, is expanding its trade finance offerings to support these affected businesses.
• The bank utilizes mitigated credit strategies such as LPO and invoice financing to provide crucial cash advances to SMEs struggling with delayed payments from government entities.

The Competition Authority of Kenya (CAK) has closed an abuse of dominance case against Chinese ceramic tile manufacturer KEDA.

• KEDA holds a 25 percent market share in Kenya's ceramic tiles market.
• The complaint alleged anti-competitive practices such as predatory pricing and exclusive dealing.
• CAK determined KEDA is not dominant and the market is contestable, thus closing the matter.