President William Ruto has directed the Ministry of Transport to initiate an immediate review of the Insurance Act (Cap 487), which regulates the insurance industry, while the Auctioneers Act (Cap 526) governs the licensing and conduct of auctioneers.

🇰🇪 Breaking It Down

Together, these legal frameworks are meant to ensure financial consumer protection and maintain strict compliance standards for the recovery of debts and collateral.

However, according to the Head of State, matatus have been forced to dig into their pockets to foot the bills after accidents, something he wants changed.

📰 Source: Kenyans.co.ke