NAIROBI, KENYA | Xinhua | East African countries unveiled a strategic plan on Thursday aimed at increasing insurance penetration in the region. Kaddunabbi Ibrahim Lubega, Chairman of the East African Insurance Supervisors’ Association and CEO of the Insurance Regulatory Authority of Uganda, announced the plan in Nairobi, Kenya. Lubega said …
Read More »Kenyan shilling sustains free fall against global currencies
NAIROBI, KENYA | Xinhua | The Kenyan shilling traded at a new low of 161.4 against the U.S. dollar on Tuesday, the Central Bank of Kenya (CBK) said on Tuesday, as it continued with its free fall against major global currencies. The local currency crossed the psychological 160 mark against …
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