The Nairobi Securities Exchange (NSE) has secured a landmark achievement in its quest to position Kenya as a premier investment destination in Africa, following a significant upgrade by one of the world’s most influential index providers. The exchange has been elevated from “Restricted” to “Pass” status on the Efficient Trading Mechanism criterion by the FTSE […]
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 […]
The Nairobi Securities Exchange concluded the trading week of October 13, 2025, on a decidedly bearish note, with major market indices posting significant losses across the board. The comprehensive downturn reflects growing investor concerns about corporate earnings, sectoral challenges, and broader macroeconomic headwinds affecting East Africa’s largest economy. Build the future you deserve. Get started […]
Kenya’s telecommunications and entertainment landscape is set for a significant transformation as Axian Telecom of Mauritius moves forward with its acquisition of Wananchi Group, the parent company of popular brands ZUKU and ZukuPay. The deal, which will see Axian acquire a 99.63% controlling stake in the Kenyan broadband and pay-television provider, is being backed by […]
Nairobi’s intensifying struggle to provide affordable and environmentally sustainable housing has received a substantial boost following the successful handover of 200 green housing units by real estate developer Mi Vida Homes to International Housing Solutions (IHS) Kenya at the strategically located 237 Garden City project along the busy Thika Superhighway. This milestone transaction represents a […]
Kisumu County has entered into a landmark partnership with the United Nations Human Settlements Programme (UN-Habitat) to implement an ambitious large-scale social housing upgrade programme that promises to transform urban living conditions for some of Kenya’s most vulnerable populations. The groundbreaking initiative, valued at Sh2.7 billion for implementation across both Kisumu and Nairobi, represents a […]
Knight Frank Kenya, a leading global property consultancy with extensive operations throughout East Africa, has released its comprehensive Kenya Market Update for the first half of 2025, providing detailed analysis of the country’s real estate performance and broader economic dynamics. The report reveals encouraging resilience across multiple key sectors including office space, hospitality, residential property, […]
Kenya has successfully raised $1.5 billion through a strategically timed international bond issuance, deploying the bulk of the proceeds to repurchase its existing $1 billion 2028 note while simultaneously extending the country’s debt maturity profile and reducing near-term refinancing pressures that have weighed on the nation’s fiscal outlook. The landmark transaction, launched on October 3, […]
Kenya is poised to establish a transformative national infrastructure fund designed to finance major development projects including roads, dams, and power generation facilities, in a strategic pivot that will substantially reduce the country’s reliance on external borrowing while ensuring sustainable, locally-financed development that addresses critical infrastructure gaps constraining economic growth. This landmark initiative, announced by […]
The latest auction of Treasury bills (T-bills) in Kenya delivered a dramatic signal: yields on short-term government securities have sunk to their lowest in 36 months, and investor demand is cooling at the short end of the yield curve. According to the Central Bank of Kenya’s (CBK) weekly bulletin, the 182-day T-bill averaged 7.9851 per […]
Kenya's government has raised Ksh.112.374 billion from the Initial Public Offering (IPO) of Kenya Pipeline Company (KPC), after the share...
The US dollar staged one of its most decisive geopolitical rallies in years this week, climbing broadly against the euro,...
Nigeria's maritime sector delivered one of its most impressive performances on record in 2025, with total cargo throughput, container volumes,...
Berlin- and Singapore-based venture capital platform GHARAGE Ventures has officially launched its first institutional fund, closing Fund I at €40...
