Kenya is setting the stage for what could become its largest public offering in over a decade: a plan to sell up to 65% of Kenya Pipeline Company (KPC) and raise approximately $1.15 billion. The state’s move comes at a time when debt burdens are high, capital market reforms are underway, and the government is […]

Shares of Umeme Limited, once Uganda’s dominant electricity distributor, have suffered a 71% plunge on the Nairobi Securities Exchange (NSE), falling from KSh 23.70 in July to just KSh 6.94 by September 23, 2025. The dramatic sell-off follows the expiry of Umeme’s 20-year concession, a record interim dividend, and ongoing disputes with the Ugandan government […]

Diamond Trust Bank Kenya (DTB) has agreed to exit Burundi by selling its 83.67% stake in DTB Burundi to a consortium of primarily local investors, marking a major shift in its regional footprint. The decision underscores DTB’s renewed focus on its core East African markets — Kenya, Uganda, and Tanzania — and raises questions about […]

The Nairobi Securities Exchange (NSE) experienced its most volatile trading week of the year during the third week of September 2025, as international investors orchestrated a massive capital flight that sent shockwaves through Kenya’s equity markets. The dramatic sell-off, triggered by anticipation of U.S. Federal Reserve monetary policy changes, marked the steepest decline in market […]