SK Macharia’s Directline Assurance Faces Shutdown Drama

Kenya’s matatu industry is in turmoil after Directline Assurance, the leading insurer for public service vehicles (PSVs), announced a sudden closure. However, the Insurance Regulatory Authority (IRA) swiftly refuted the claim, stating the company remains operational.

Family Feud or Financial Woes?

Royal Credit Limited, owner of Directline, blames the closure on a family dispute and alleged mismanagement by former directors. They claim the company lost Sh7 billion and accuse the IRA of inaction.

IRA Denies Closure, Vows to Protect Policyholders

The IRA dismisses the closure as invalid and assures policyholders their coverage remains intact. They’ve placed Directline under close watch and plan to take necessary steps to ensure its stability and protect policyholders’ interests.

Matatu Industry Calls for Intervention

The Matatu Owners Association (MOA) urges government intervention to ensure policyholder safety and industry stability. They express concern about confusion caused by conflicting reports and potential fraud from “fake” claims. The MOA calls on the Law Society of Kenya (LSK) to crack down on such fraudulent activities.

Directline’s Financial Troubles

While the closure drama unfolds, reports suggest Directline faced financial difficulties. Profits drastically dropped in 2023, and liabilities exceeded assets.

Uncertain Future

The future of Directline remains unclear. The family feud complicates matters, and the IRA’s actions will determine the company’s fate. One thing’s certain: the matatu industry awaits a resolution to ensure continued insurance coverage.

“He is my father!” Maina Kageni exposes unknown relationship with Citizen TV founder SK Macharia

Classic 105 presenter Maina Kageni has for the first time disclosed relationship with SK Macharia – who is the founder and chairman of Royal Media Services (RMS).

Also read: Maina Kageni discloses why he might never marry!

In an interview with Churchill, the renowned media personality revealed that his biological father passed away when he was really young.

Classic 105’s Maina Kageni

However, he never really missed his real father thanks to SK Macharia who he could ask for anything that he needed and solicit advice form.

“I hardly ever knew my father, he died when I was a toddler. Growing up without a father didn’t affect me much because you don’t miss what you never had.

But I had a strong father figure in SK Macharia. If there is anything that I needed, I’d go to him. He basically is my father. He raised me,” he stated.

Maina Kageni with Diamond Platnumz

Further, Maina Kageni revealed that he and SK Macharia’s children are very close since they are like brothers and sisters, adding that he’s grateful for the role that the media mogul played in his life.

The breakfast show host also shed light on other things including the time he went to live in the UK and ended up driving fish trucks to put food on his table.

Watch the video below.

SK Macharia’s son dies in a freak road accident involving his 13 million Porsche (Photos)

Media mogul SK Macharia has lost his son in a freak accident. John Macharia died on Thursday night after being involved in a freak accident.

John succumbed to his injuries on Thursday night while undergoing treatment at Karen Hospital. He was rushed to the hospital after he crashed his Porsche Cayenne 911 Turbo S along Southern bypass.

John Macharia
John Macharia

John Macharia is said to have been speeding when he lost control of his super car and crashed it. The accident happened around 10pm on Thursday.

The German machine was totally wrecked in the accident. The car Porsche was hauled to Karen police station, the extent of the damage became evident as daylight broke.

John Macharia's Porsche at the police station
John Macharia’s Porsche at the police station
Previous accident

John Macharia had previously been involved in another accident while driving his Porsche. SK’s son was arrested and charged with drink driving in November 2016.


Kenya Power notice leaves Kenyans thinking hard about how rich Citizen TV owner SK Macharia is

Kenya Power stunned Kenyans with a public notice that made most people start thinking about SK Macharia’s wealth and influence.

The electricity distribution company stirred up talks on social media when it published a notice on Facebook about an impending power interruption at various places.

Kenya Power routinely issues notices of power interruption at specific areas but RARELY  does the company notify individual Kenyan about impending power interruption at their home.

The notices are usually only focus on general regions, estates and shopping centres and are posted daily on Kenya Power Facebook account.

But guess what, Kenya Power notified billionaire media mogul SK Macharia about an impending power interruption at his residence in Kiambu scheduled for Monday between 9am and 5pm.

The special notice to Royal Media owner caught the eye of Kenyans who were quick to scold Kenya Power for the preferential treatment.