In a landmark moment for bilateral relations, Kenyan President William Ruto and United Kingdom Prime Minister Sir Keir Starmer on July 1, 2025, signed a renewed 5-year Kenya-UK Strategic Partnership pact that is poised to unlock over Ksh.427 billion (approximately £2.5 billion) in transformative investments. This monumental agreement, formalized during high-level bilateral talks in London, […]

The financial landscape in Kenya has seen a notable development with the Central Bank of Kenya (CBK) announcing the cancellation of the authority granted to Bank Al-Habib Ltd (BAHL) of Pakistan to operate its Representative Office in Kenya. This decision, effective May 15, 2025, follows a strategic rationalization by BAHL to consolidate its international operations, […]

East Africa’s leading investment powerhouse, Centum Investment Company PLC, has sent ripples across the regional financial markets with a recent profit warning. The Nairobi-headquartered firm, a diversified investment vehicle with significant stakes across various critical sectors, has projected a substantial 25% decline in net earnings for the financial year that concluded on March 31, 2025. […]

A transformative era has dawned for chilli farmers in Kenya’s coastal region with the official commissioning of a state-of-the-art Sh250 million (approximately US$1.9 million) processing plant in Malindi town. This significant investment, spearheaded by Equator Kenya Limited (EKL) and backed by strategic international partnerships, is poised to revolutionize the agribusiness landscape for thousands of smallholder […]