Tag: RBA


Independent Post-Retirement Medical Schemes To Be Regulated

The Retirement Benefits Authority (RBA) has announced the formation of stand-alone and umbrella Post-Retirement Medical Funds (PRMFs) Regulations. Post-retirement medical schemes can now be registered and regulated...

Drop in Equity, Bond Prices to Hit Pension Industry

Things are expected to worsen for the pension industry due to a drop in contributions, a reduction in the value of assets, and a dip in profits from investments.

Retirement Expert Shares the Most Important Secret to Retiring in Wealth

Kenyans are said to have little knowledge on retirement. In fact, a majority of only start thinking about life after retirement when they are...

Edward Odundo: Pension funds can be invested in infrastructure

According to data from the Retirement Benefits Authority (RBA), the pension industry’s assets hit Sh 1.2 trillion in September, 2018, up from Sh 1.08...

They are supposed to live like kings, but see what retirees go through

In 2009 when the government raised the retirement age from 55 to 60 years, it gave civil servants not only an extended working life...

RBA confirms Nzomo Mutuku as CEO

The board of the Retirement Benefits Authority (RBA) has formally appointed Nzomo Mutuku as its chief executive officer after a year performing the role...

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NSE Gets New CEO As Geoffrey Odundo Exits

The Nairobi Securities Exchange (NSE) has appointed Frank Mwiti...

Uhuru’s Newspaper Dresses Down Ruto, Calls Him ‘Small-minded’

People Daily newspaper criticises President William Ruto and his administration, arguing “the disdain by the Ruto administration for the media has never been disguised.”

Kenya’s Minimum Wage is the Highest in East Africa

Kenya is putting many thousands of shillings in the pockets of those at the bottom end of the pay scale than any of her counterparts, Uganda and Tanzania, in East Africa - it has the highest minimum wage.