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 […]
In a dramatic escalation, private and faith-based hospitals across Kenya have suspended services for beneficiaries under the Social Health Authority (SHA) scheme, demanding urgent government intervention over unpaid claims and system failures. The Rural and Urban Private Hospitals Association (RUPHA) says that until its concerns are addressed, patients enrolled in SHA will need to pay […]
Fraud Landscape: Motor Insurance in the Spotlight Kenya’s insurance sector has once again found itself grappling with persistent fraud, with motor vehicle insurance emerging as the leading category of abuse. A report by the Insurance Regulatory Authority (IRA) shows that in the first half of 2025, the Insurance Fraud Investigation Unit (IFIU) received 85 reports […]
South Korea has emerged as a critical battleground in the global fight against cryptocurrency-enabled financial crime, with the country’s Financial Intelligence Unit (FIU) reporting a staggering 36,684 suspicious transaction reports between January and August 2025. This unprecedented figure not only surpasses the combined totals of the previous two years but also signals a troubling acceleration […]
Solana (SOL) stumbled sharply in recent hours, shedding more than 8% in value as market sentiment turned sour and capital chased higher-risk / higher-reward bets in emerging payment finance (PayFi) projects. The abrupt drop has reignited questions about support levels, network fundamentals, and whether something like Remittix (RTX) might emerge as the next breakout altcoin. […]
On September 18, Binance founder Changpeng Zhao (CZ) issued a stark warning to the crypto industry: North Korean hackers are deploying more advanced, stealthy strategies to infiltrate firms—especially through the hiring pipeline. The threats are no longer limited to phishing or direct network attacks, but increasingly target human processes, turning recruitment into a vector of […]
On Monday, the crypto market experienced one of its most violent corrections in months. Over $1.5 billion in leveraged long positions were forcibly closed, triggering a cascade of margin calls and widespread panic selling across major and minor tokens alike. (CoinDesk) According to data from Coinglass, more than 407,000 traders saw their positions liquidated in […]
Trade between Kenya and the United Kingdom has entered one of its strongest phases in recent years, with the latest...
Børge Brende, President of the World Economic Forum (WEF), has issued a stark warning about the potential formation of three...
Africa stands at the cusp of an unprecedented digital transformation, with the continent's rapidly expanding digital economy projected to reach...
President William Ruto has made a candid admission that Kenya's electricity supply is insufficient to meet current demand, forcing the...
