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Kenya's SACCO Bad Loans Stand at 8.39%, Well Below Double-Digit Peers
Kenya’s SACCO sector closed 2024 with KSh 845.11 billion in gross loans, up from KSh 758.57 billion a year earlier, while the industry’s non-performing loan (NPL) ratio held at 8.39%
Court Declines Kilimani Residents' Bid to Halt High-Rise
Once a low-density suburb of standalone homes, Kilimani has rapidly transformed into one of Nairobi’s most contested high-rise zones, driven by rising housing demand, zoning shifts, and the economics of land use
East Africa's Most Valuable Banks Post Mixed Q1 Results as Tanzania Shilling Strength Bites
CRDB Bank and NMB Bank, East and Central Africa's most valuable listed lenders, posted divergent Q1 2026 profits. CRDB grew earnings 18.9% to TZS 206.20 billion while NMB rose 4.9% to TZS 193.09 billion, as funding costs surged and FX income contracted at both banks.
Safaricom FY26 Preview: Analysts See Dividend Rise, Earnings Surge
Analysts forecast Safaricom FY26 EPS of KSh 2.14 and attributable net income of KSh 86.1 Bn, with M-Pesa revenue near KSh 190 Bn. A dividend increase from the three-year KSh 1.20 floor is widely expected, with estimates ranging KSh 1.50 to 1.84 per share.
West African Designers Turn to Nairobi to Gauge East African Fashion Demand
West African fashion designers will test East African retail demand for their products in Nairobi this week at a curated showcase linked to the Africa Forward 2026 Summit.
Express Kenya Posts 12th Straight Loss-Making Year
Express Kenya has recorded its 12th consecutive annual loss, with revenue falling 19% to KSh 21.27 Mn in 2025 as strip mall construction curtailed rental income. Finance costs of KSh 51.57 Mn more than doubled total revenue. A KSh 300 Mn land sale agreed in June 2025 completed in Q1 2026 and will be recognised in FY2026 results.
Inside Kenya's Modest Manufacturing Gains in 2025
Kenya’s manufacturing sector expanded modestly in 2025 but the growth was uneven, with industrial and construction-linked production driving gains while agro-processing weakened
Kenya’s Refugee Population Hits 835,793 as Eritrean Arrivals Double
The surge has intensified pressure on Kenya’s refugee infrastructure, including camps such as Dadaab and Kakuma, while accelerating the shift toward urban settlement.
Cloud9 Acquires Digital Ticketing Platform M-Tickets
By embedding financial services within ticketing services, Cloud9 and Mtickets said they "aim to remove friction from the entire event journey."
Nedbank's KSh 105 per Share Offer for NCBA Opens 28 May
Nedbank's partial tender offer for approximately 66% of NCBA Group PLC opens 28 May 2026 and closes 10 July 2026 at 5:00 PM EAT. Shareholders may tender at KSh 105 per share. NCBA's Board has recommended the offer. Results are expected by 21 July 2026.
Kenya Has What it Takes to Lead Africa’s Semiconductor Breakthrough
While Africa may not compete with global leaders in advanced chip fabrication in the short term, it is well-positioned to enter key segments of the value chain, including circuit design, assembly, and testing.