The Capital Markets Authority (CMA) has embarked on an ambitious expansion of Kenya’s financial sector, licensing four new players in a move designed to deepen the country’s capital markets and enhance investment opportunities for both institutional and retail investors. The comprehensive licensing spree represents one of the most significant regulatory developments in Kenya’s financial sector […]
European law enforcement agencies have successfully dismantled a major cryptocurrency fraud network that defrauded over 100 victims across Germany, France, Italy, and Spain of at least €100 million ($118 million). The coordinated operation, spearheaded by Eurojust and supported by Europol, represents one of the most significant cryptocurrency fraud takedowns in European history. The sophisticated scheme, […]
What’s Being Rolled Out The Kenyan government, through the Social Health Authority (SHA), is introducing the National Emergency Ambulance Dispatch Service. The aim is to strengthen emergency medical response across the country by centralizing dispatch, standardizing ambulance charges, and using digital tools. Health Cabinet Secretary Aden Duale announced the plan during a visit to Vihiga […]
Financial Highlights: Growth on Top Line, Pressure on Bottom Line Britam Holdings posted a profit before tax (PBT) of KSh 2.5 billion for the six months ended June 30, 2025, a decline from KSh 2.8 billion in the same period of 2024. The company attributed the dip mainly to higher claims payouts and the impact […]
What Kenya Is Proposing Kenya is preparing to issue its first sovereign Sustainability-Linked Bond (SLB) worth US$500 million (≈ KSh 65 billion) in March 2026. The bond will be structured around two Key Performance Indicators (KPIs): forestation and rural electrification, reflecting Kenya’s ambition to combine climate action with development priorities. The framework for this SLB […]
Demand Surges in September Investor appetite for the 364-day Treasury bill has been unusually strong in September. According to the Central Bank of Kenya, bids for the paper have exceeded supply for two consecutive weeks, highlighting how investors are positioning themselves in a declining rate environment. On 8 September 2025, the CBK received bids worth […]
Global online broker Axi today announced the launch of fiat-settled crypto perpetual contracts, a groundbreaking move designed to provide traders with a more transparent, secure, and streamlined approach to accessing the rapidly expanding crypto derivatives market. This strategic product launch comes at a critical time when the crypto derivatives sector is experiencing unprecedented growth and […]
In this comprehensive Market Wrap-Up for August 2025, we analyze the performance of Money Market Funds in Kenya, USD MMFs, Fixed Income Funds, and Special Funds against the backdrop of significant monetary policy shifts and evolving economic conditions. The month marked a continuation of the downward yield trend that has characterized Kenya’s investment landscape for […]
The Capital Markets Authority (CMA) has granted approvals to several market players for the establishment of new collective investment schemes and sub-funds, in a move aimed at deepening Kenya’s capital markets and enhancing product diversity for investors. This latest round of approvals reflects the growing sophistication of Kenya’s investment landscape and increasing investor appetite for […]
What Happened: Broker Licences Cancelled The Insurance Regulatory Authority (IRA) of Kenya recently took decisive action by cancelling the licences of 20 insurance brokerage firms. The change was officially communicated via a Kenya Gazette notice on 18 July 2025, and it states that the affected brokers ceased transacting insurance business as of 30 June 2025, […]
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...
