Why Rural Electrification Costs May Soon Hit Your Power Bill
The country's push to rescue its struggling power sector has taken an ironic twist as lawmakers want to embed nearly KSh 30 billion in rural electrification debt
Microsoft's AI Project Gecko Targets Local Kenyan Languages
Project Gecko, an initiative aimed at building AI systems that work reliably in low-resource and oral-first communities, with Kenya serving as one of the project’s central testing grounds.
Laikipia's Aviation Traffic Picks Up as Conservancy Tourism Rebounds
Passenger traffic through Nanyuki Airstrip has surged for a second straight year, driven by renewed momentum for Laikipia’s high-end tourism circuit
Markets at Midday; Uchumi Up 264% YTD and DTB Hits Fresh 2020 Highs
Uchumi climbs to KSh 0.62, up 264% YTD and at its highest since 2019. DTB hits an intraday high of KSh 118, last seen in 2020.
Midday turnover stands at KSh 875M led by KCB, Equity and Co-op.
Foreign buys hit KSh 38M, with KCB taking 37M, while sells reach KSh 41M.
NASI is up 0.25% at midday, with Flame Tree and Africa Mega among top gainers.
Safaricom CFO Dilip Pal: Behind the Record Half-Year Numbers
Safaricom Group has delivered its strongest half-year performance in history, reporting KSh 42.78 billion in net income and surpassing KSh 200 billion in group revenue for HY26. In an interview with The Kenyan Wall Street, Safaricom CFO Dilip Pal broke down the principles, decisions, and execution behind these standout results across Kenya and Ethiopia.
Digitizing Trade Stumbles on Costs, Standards
Report identifies interoperability gaps, regulatory inconsistencies and implementation challenges as the most significant obstacles to digitising trade.
Kenya Seeks Tighter Oversight on International NGOs’ Tax and Compliance Privileges
Treasury on the Spot for KSh 55Bn Kenya Airways Exposure, KSh 6.2Bn Telkom Deal
Treasury faced the Public Accounts Committee after an audit flagged unsupported KSh 55B Kenya Airways loans issued without signed agreements and an unapproved KSh 6.2B Telkom Kenya buyout done through Article 223.
Uchumi, Limuru Tea Lead Tuesday Gains as Foreign Sells Stay Heavy
Uchumi rises to KSh 0.57 and Limuru hits its highest level since 2022 in Tuesday trade.
Turnover reaches KSh 690M, led by Safaricom at KSh 314M.
Foreign sells stand at KSh 323M and buys at KSh 35M.
NASI slips 0.16%.
Absa reports Q3 profit of KSh 16.9B, up 14.7%, with non-funded income rising 11.2% to KSh 13.61B.
Stears, Ventures Platform Launch Index to Track Liquidity in African Private Markets
Stears, a financial data provider, and venture capital firm Ventures Platform, have launched the Stears-VP Liquidity Index (SVL Index)
Digital Fraud Surges in Kenya, Gaming Sector Leads with 10.4%
Goldman Sachs to Acquire Kenya's Mace Consult
Competition Authority has approved the takeover of Mace Consult’s Kenyan units by Consult Bidco, a Goldman Sachs-controlled acquisition vehicle with no activity in Kenya.