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 […]
The global cryptocurrency market is witnessing a tectonic shift in its center of gravity, driven by a convergence of regulatory clarity and institutional adoption in Asia. This shift was definitively underlined on December 1, 2025, when HashKey Group, the dominant licensed cryptocurrency exchange in Hong Kong, successfully passed its Hong Kong Stock Exchange (HKEX) listing […]
The global cryptocurrency market began the week with a jolt, as Bitcoin (BTC) experienced a sharp and volatile pullback, sliding rapidly from its tight consolidation band to test the $85,000 zone. This sudden decline was not primarily driven by adverse fundamental news, but rather by a technical event: a large liquidation cluster situated just beneath […]
Kenya’s Treasury bill market continues to defy conventional market expectations, presenting a paradoxical situation where even as yields fall to their lowest levels in months, investor demand shows no sign of cooling. In fact, appetite for government short-term securities has intensified, with the 364-day paper emerging as the clear favourite among institutional investors, high-net-worth individuals, […]
Kenya’s National Treasury has unveiled controversial plans to borrow more than Ksh1 trillion in the 2026/27 financial year, a massive borrowing target that has reignited intense debate over the country’s rapidly rising public debt burden and the government’s capacity to manage its finances sustainably without compromising future generations’ economic prospects. The ambitious borrowing plan comes […]
The Central Bank of Kenya (CBK) has taken a significant step toward democratizing access to government securities by introducing a groundbreaking feature on its DhowCSD platform that allows retail investors to pay for their successful bids on Treasury bills and bonds using mobile money. This innovative integration of mobile payment technology with formal investment infrastructure […]
Kenya’s insurance landscape continues to reflect a deeply troubling pattern of inequality, with new data revealing that Nairobi and Kiambu counties maintain commanding leads in insurance uptake while several western and eastern regions lag dramatically behind, leaving millions of households exposed to financial devastation from health emergencies, accidents, and livelihood losses. This persistent disparity raises […]
Madison Life Assurance Limited has launched an aggressive campaign to revolutionize insurance accessibility in Kenya by specifically targeting the informal sector, a vast and largely untapped market segment that company executives believe holds the key to dramatically boosting the insurance industry’s contribution to the national economy. The initiative comes at a time when Kenya’s insurance […]
. In a significant development for regional infrastructure cooperation, President William Ruto has confirmed that Uganda will acquire a stake in the Kenya Pipeline Company (KPC) once the privatisation process is completed, marking a new era of joint ownership of strategic energy infrastructure in East Africa. The announcement, made during an investment tour in Uganda […]
The Kenya Revenue Authority has announced an 8 percent market interest rate for fringe benefits and low-interest employee loans for...
Turkey's Central Bank of the Republic of Türkiye delivered a more cautious than expected 100 basis point reduction in its...
The European Union has positioned Nigeria and other African countries as major beneficiaries of its 2026 humanitarian response, allocating €557...
In a significant boost to Kenya's climate finance infrastructure, the World Bank has committed approximately Sh5.5 billion ($43 million) to...
