G4S Ordered to Compensate 68 Security Guards For Unfair Dismissal
The Employment and Labour Relations Court in Nairobi has ruled that G4S Kenya Limited unlawfully dismissed a number of its security guards in a protracted dispute
Cassava Technologies Launches AI Model Exchange for Africa's Mobile Operators
Cassava Technologies has announced the launch of its Cassava AI Multi-Model Exchange (CAIMEx), a first-of-its-kind platform designed to make the world’s leading artificial intelligence (AI) tools and large language models (LLMs) easily accessible
Lawmakers Probe Kenya Power Over Past Losses, Power Losses & 26Bn Unpaid Bills
Kenya Power chiefs appeared before Parliament’s Commercial Affairs and Energy Committee to address historical audit findings showing losses and governance issues.
The Kenyan Wall Street and WORKL Crown Kenya’s Best Employers for 2025
The Kenyan Wall Street, in partnership with the world’s largest workplace and employment data company, WORKL, today announced the winners of the highly anticipated ‘Best Places to Work’ 2025 Awards
CMA Grants Takeover Exemption to Tanzanian Tycoon in Portland Cement Deal
CMA approved an exemption allowing Tanzanian tycoon Ebrahim Munif’s Kalahari Cement to acquire Holcim’s 29.2% stake in East African Portland Cement without a takeover offer.
IMF Urges Caution on Kenya’s US$3.5bn Currency Swap Strategy
The International Monetary Fund (IMF) has cautioned Kenya to weigh potential exchange-rate risks following its decision to convert US$3.5 billion of loans from China into yuan
Senegal Pushes Back Against IMF Debt Restructuring Proposal
Senegal’s government is pushing back against IMF pressure to restructure its growing debt, arguing that such a move would tarnish the country’s reputation.
Car & General Extends Rally, BAT and ABSA Set New Highs in Midweek Trade
ABSA hit KSh 26.25 and I&M Holdings reached KSh 46.00 in Wednesday trading, giving it a KSh 80B valuation on 1.74B shares outstanding.
Car & General rose to KSh 63.00 and BAT held at KSh 452.00.
KCB led activity with KSh 122M turnover.
CMA cleared Kalahari Cement’s 26.3M-share EAPCC acquisition without triggering a takeover offer.
Nigerian Billionaire Tony Elumelu Bets US$150mn on Kenya’s Infrastructure and Energy Growth
Tony Elumelu, has signaled a renewed focus on Kenya, committing US$150 million to infrastructure and energy initiatives to reinforce the country’s position as an East African investment hub.
Kenya Moves to Restore Nairobi National Park
Kenya has approved an ambitious plan to reconnect Nairobi National Park with its traditional wildlife dispersal zones in Machakos and Kajiado counties.
KenGen Under Scrutiny for Delayed KSh 5.3bn Substation Handover to KETRACO and Hiring Breaches
KenGen executives appeared before Parliament’s Public Investments Committee on November 11, 2025, to address concerns over non-advertised hiring of engineers and delays in transferring a KSh5.3bn Olkaria substation asset to KETRACO.
Lawmakers questioned transparency in recruitment and oversight of public infrastructure.
CBK Announces 8th Treasury Bond Reopening in FY2025/26
The Central Bank of Kenya has launched its 8th bond reopening of FY2025/26, offering the 8.7-year FXD3/2019/015 and 21.9-year FXD1/2022/025 to raise KSh 40B for budgetary support.
The auction extends the government’s front-loaded domestic borrowing strategy, shifts issuance toward longer maturities, and targets pension and insurance demand for duration.