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Kenya’s Public Debt Climbs to KSh 11.97 Trillion as Domestic Borrowing Accelerates Amid Fiscal Pressures

Kenya’s escalating debt burden has reached a new milestone, with total public debt climbing to KSh 11.97 trillion at the end of August 2025, according to the latest Monthly Debt Bulletin published by the National Treasury. This figure represents 67.4% of the country’s Gross Domestic Product, underscoring the significant fiscal challenges facing President William Ruto’s […]

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Central Bank of Kenya Holds Steady on 5.25% Inflation Target While Cutting Interest Rates to Boost Economic Growth

The Central Bank of Kenya (CBK) has reaffirmed its confidence in the country’s macroeconomic stability by projecting that inflation will remain steady at 5.25 per cent through the end of the current economic cycle extending into 2026. This forecast, which keeps inflation comfortably below the midpoint of the central bank’s target range, reflects what monetary […]

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CIC Group Launches Dollar-Denominated Global Fund to Democratize International Investment Access for Kenyan Investors

In a strategic move that signals the growing sophistication of Kenya’s investment landscape and the increasing appetite for international diversification among local investors, CIC Insurance Group (CIC Group)—a prominent insurance and investment conglomerate partially owned by Kenyan business magnate Gideon Muriuki—has officially entered the global investment market with the launch of an innovative dollar-denominated collective […]

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Quick Mart Supermarket Owners Diversify Into Financial Services Through Strategic Minet Insurance Brokerage Acquisition

In a strategic move that significantly expands the business interests of the investors behind Kenya’s rapidly growing Quick Mart supermarket chain, Bima Holdings Ltd—an investment vehicle backed by Mauritius-based private equity firm Adenia Partners—has received regulatory approval from the Competition Authority of Kenya (CAK) to acquire full ownership of Minet (Mauritius) Holdings Ltd, a prominent […]

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Kenyan Tea Companies Deploy Bonus Shares Strategy as Global Prices Weigh on Profits

Two of Kenya’s prominent listed tea companies have implemented an unconventional financial strategy by issuing bonus shares to their shareholders despite experiencing significant financial headwinds and declining profitability. Williamson Tea Kenya and Kapchorua Tea have both executed bonus share distributions aimed at rewarding loyal investors, improving share liquidity, and maintaining market presence during a challenging […]

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