The domestic money market in Kenya is currently experiencing a profound period of high liquidity and intense investor confidence in government debt, a sentiment underscored by the Central Bank of Kenya’s (CBK) latest Weekly Treasury Bills Auction. The auction witnessed a significant surge in bids, totaling KSh 44.812 billion against a targeted offer of KSh […]
The Central Bank of Kenya (CBK), acting as the fiscal agent for the National Treasury, has initiated its ninth domestic bond reopening of the Fiscal Year (FY) 2025/26, signaling an intensified commitment to securing durable, long-term funding. The auction seeks to raise KSh 40 billion through a dual-tranche sale featuring two ultra-long-duration instruments: the 30-year […]
The transformation of Kenya’s savings culture has reached a critical inflection point, as evidenced by the spectacular growth recorded in the third quarter of 2025. According to the latest quarterly report by the Capital Markets Authority (CMA), Collective Investment Schemes (CIS) experienced an unprecedented surge, with Kenyans pumping an additional KSh 83.2 billion into these […]
The Capital Markets Authority (CMA) has taken a definitive step to deepen Kenya’s financial markets, announcing on November 26, 2025, the official approval for the establishment of eight new Collective Investment Schemes (CIS) and associated sub-funds. These approvals, granted in strict adherence to the Capital Markets Act and the Capital Markets (Collective Investment Schemes) Regulations, […]
The rapidly accelerating digital transformation of the financial services sector in Africa is forcing a fundamental shift in regulatory paradigms, particularly within the insurance industry. Kenya, a continental leader in technological adoption, is now taking a proactive stance, with the Insurance Regulatory Authority (IRA) preparing comprehensive new rules designed to strengthen cybersecurity, data protection, and […]
Standard Chartered Bank Kenya (SCBK) Limited, a prominent subsidiary of the UK-based Standard Chartered Plc, finds itself navigating a turbulent financial period, reporting a significant and sharp decline in its Profit After Tax (PAT). For the nine months ending September 30, 2025, the lender posted a net profit of KSh 9.79 Billion, marking a steep […]
The East African cement market is currently witnessing one of its most definitive shifts in corporate control, as Tanzania’s Kalahari Cement has officially confirmed its acquisition of a substantial additional equity stake in the East African Portland Cement Plc (EAPC). This strategic maneuver, executed through a Share Purchase Agreement (SPA) with the National Social Security […]
Family Bank Group has delivered an exceptional financial performance for the nine months ending September 30, 2025, recording a significant 56% increase in Profit After Tax (PAT) to KES 3.5 billion, a substantial jump from KES 2.3 billion reported during the corresponding period in the previous year. This robust growth, detailed in the bank’s latest […]
On November 30, the decentralized finance (DeFi) sector absorbed yet another significant security breach, this time striking one of its most venerable protocols, Yearn Finance. The incident, which centered on an older yETH pool designed to manage liquid staking derivatives, resulted in the loss of approximately $9 million in crypto assets. The complexity of the […]
The intersection of decentralized ledger technology (DLT), artificial intelligence (AI), and aerospace is no longer confined to science fiction. Intellistake Technologies Corp. (CSE: ISTK), a developer specializing in decentralized AI and blockchain infrastructure, has announced a landmark partnership with Orbit AI, a Singapore-based aerospace company, to create the Orbital Cloud. This ambitious project seeks to […]
At least $750 million (Sh96.7 billion) in World Bank funding to Kenya remains frozen as the country works to meet...
The Bank of England has delivered a pre-Christmas boost to the struggling UK economy by cutting interest rates to 3.75%,...
The United States International Development Finance Corporation has finalized a $553 million loan with the Lobito Atlantic Railway consortium for...
The Kenyan government has issued an urgent call for applications under the World Bank-funded Kenya Jobs and Economic Transformation (KJET)...
