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Uchumi Calls First AGM Since 2018 as Survival Fight Continues
Uchumi Supermarkets has called its first annual general meeting since 2018, scheduled for 29 April 2026, where shareholders will adopt eight years of unadopted financial statements in a single sitting. The meeting comes as the company fights to avoid liquidation under a court-supervised CVA, with a Court of Appeal ruling on its disputed KSh 2.38Bn Kasarani land asset remaining the decisive factor in its survival. The company posted an operating profit of KSh 8.8Mn in FY2025 on revenue of KSh 86.29Mn, against total liabilities of KSh 9.8Bn.
Hisa Launches Hisa 2.0, Delivering the Investing Experience African Investors Deserve
“This is more than just an update; it’s a complete rebuild,” said Leah Njoroge, COO at Hisa. “We’ve reimagined the platform from the ground up to deliver a faster experience, simplify investing, and lay the foundation for the next phase of growth.”
Kazakhstan, Oman, Open New Growth Markets for Kenya's Tea
Kazakhstan tea imports recorded an increase of 15.92 Million Kgs (186.92%) while Oman recorded an increase of 13.53 Million Kgs (320.14%).
'County Revenues Are Not Subject to VAT' - Tax Tribunal
In a decision in a case between the County Government of Kiambu and the tax authority, the Tribunal set aside most of a disputed tax bill that had originally reached about Ksh 559.9 million
NSE Rebounds 1.93% but Foreign Investors Sell KSh 748Mn
The NSE snapped its five-session losing streak in Week 14, adding KSh 62.68Bn in market capitalisation as all indices rose, led by the Banking Index at +3.01%. The recovery came on thin volume, with equity turnover down 43% to KSh 2.74Bn. Foreign investors sold KSh 748M into the bounce, their heaviest weekly outflow since Week 11, with every session recording net exits. The top five counters held 82.29% of turnover. ABSA rebounded 8.82% after losing 14.5% in Week 13. Brent crude remained above $100 and the April 15 EPRA review looms. The KSh 62.7Bn recovered represents just 27% of Week 13's losses.
Air Travel Under Strain as Flights Shrink and Fares Rise
Air travellers in Kenya are heading into a turbulent season, with fewer available seats and rising ticket prices emerging as the twin pressures reshaping the aviation landscape.
KRA Faces KSh 932 Billion Final-Quarter Gap
Kenya’s tax authority crossed the KSh 2 trillion mark in revenue collection for the first nine months of the 2025/26 fiscal year, but now faces a sharper climb to meet its full-year target
Faulu Loss Halves to KSh 496 Mn, NPL Edges toward 30%
Faulu Microfinance Bank, a member of the Old Mutual Group, narrowed its net loss 50.8% to 496.4 Mn for the full year ended 31 December 2025, from 1.010 Bn in 2024. Total income fell 8.8% to 3.091 Bn as loan interest contracted on a shrinking advances book. Staff costs were cut 28.9% to 889.2 Mn and finance costs fell 71.0% to 101.0 Mn after external borrowings were fully repaid. Capital ratios remain below statutory minimums, with core capital to deposits at 6.7% against an 8.0% floor.
Ghana's Energy Chamber Pushes for Africa Energies Summit Boycott
Kenya's Top Energy Officials Resign Over G2G Fuel Scandal
Kenya's Executive Office of the President has announced the resignation of three senior energy officials: PS Mohamed Liban, KPC Managing Director Joe Sang, and EPRA Director General Daniel Kiptoo Bargoria, following a DCI investigation into an alleged scheme to falsify national fuel stock data and trigger emergency procurement outside the G2G framework. The shipment, carried aboard MV Paloma and docked in Mombasa on 27-29 March 2026, was procured above contracted rates and found non-compliant due to elevated sulphur levels. Investigations continue.
Connecting Africa’s Growth, Interview with Egidio Monteiro, CEO DHL Global Forwarding, Sub-Saharan Africa
Africa’s trade potential remains constrained by border inefficiencies, infrastructure gaps, and limited shipment visibility. Closer collaboration between governments and the private sector, alongside corridor-based investment and greater digital integration, will be key to unlocking more seamless intra-African trade. At the same time, sustainability is rising up the agenda. With DHL Group targeting net-zero emissions by 2050, the focus in Africa is on practical decarbonization measures such as network optimization, multimodal transport, and sustainable fuels to build more resilient, lower-carbon supply chains.