Serrari Group

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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Kenyan Stock Market Experiences Weekly Decline Amid Heavy Trading in Safaricom and Power Sector Volatility

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 […]

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International Finance Corporation Backs KSh 9.6 Billion Deal for Axian Telecom’s Wananchi Group Acquisition

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 […]

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Mi Vida Homes Delivers 200 Green Housing Units to IHS Kenya in Major Boost to Nairobi’s Affordable Housing Drive

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 […]

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Kisumu County and UN-Habitat Partner on Sh2.7 Billion Social Housing Transformation to Uplift Vulnerable Communities

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 […]

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Kenya’s Real Estate Market Expands 5.6% in First Half of 2025 as Government Channels KSh 217 Billion Into Infrastructure Development

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, […]

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