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Kenya Lays Groundwork for Mau Summit-Eldoret-Malaba Road
Kenya has initiated a pre-feasibility study for the proposed Mau Summit–Eldoret–Malaba road upgrade under a public-private partnership framework. The assessment will determine the project’s technical and financial viability ahead of potential procurement of a private partner to finance, build, and operate the corridor.
Kenya's Stock Market Closes First Week of February at All Time High
The NSE finished Week VI at an all-time NASI high of 202.73, pushing market value to KSh 3.199 trillion. Banks led trading, lifting the NSE 20 by 1.46%, while equity turnover rose to KSh 4.76Bn. Foreign investors sold KSh 1.06Bn net, but local demand kept prices firm. Bond turnover eased to KSh 57.5Bn, and derivatives activity jumped to 4,693 contracts.
Why Carbon Finance Is Still the Only Way to Scale Clean Cooking in Africa
Despite recent failures in the sector, carbon finance remains the most effective—and only—path to scaling affordable clean cooking across Africa.
SIB's Mansa-X Special Funds Cross US$ 1 Bn in Assets
Mansa-X Special Funds, the flagship investment product of Standard Investment Bank (SIB), has officially crossed the US$ 1 billion mark in Assets Under Management (AUM).
South Africa and China Explore Deeper Trade Ties
South Africa and China have signed a new economic framework that outlines areas for future trade and investment cooperation, including a proposed early harvest trade agreement.
EV Adoption Will Threaten Kenya’s Lucrative Fuel Levy
The government is vague on what alternative revenues it shall develop to reduce over reliance on the fuel levy as EVs become more popular on Kenyan roads.
Safaricom Dividend Sparks Record NSE Rally as Investor Wealth Hits KSh 3.2 Trillion
Africa Global Logistics, Yusen Logistics Launch East African Joint Venture
Africa Global Logistics (AGL) and Yusen Logistics have launched Yusen Africa (East Africa) Limited, a new joint venture company headquartered in Nairobi, just weeks after securing regulatory approval.
Safaricom's Market Valuation Briefly Crosses US$ 10bn
Safaricom declared a record interim dividend of KSh 0.85 after bumper profits, sending its shares to a three-year high and briefly above a US$10bn valuation.
Why All Bank Deposits Are Taxable Unless Proven Otherwise
KRA is entitled to treat all money flowing into a company’s bank account as taxable income, unless the taxpayer explains otherwise, the Tax Appeals Tribunal has ruled.
Standard Group’s KSh 1.5 Billion lifeline hits pause after 18 months
Standard Group Plc has suspended its previously proposed KSh 1.5 billion rights issue, putting its flagship recapitalization plan on hold.