Resource not found.
Sorry the page you were looking for cannot be found. Try searching for the best match or browse the links below:Latest Articles
Trump’s Somalia Controversy Tests East Africa’s Stability
President Trump’s remarks dismissing Somalia sparked strong backlash from Somali communities worldwide and raised concerns about regional security implications. Somali leaders and citizens rejected the characterization, emphasizing ongoing efforts to rebuild their country. Security analysts warn that such rhetoric could fuel extremist recruitment, strain U.S.-Somalia relations, and heighten risks for Kenya by disrupting intelligence cooperation and amplifying domestic anti-Somali sentiment.
Kenya’s Private Sector Credit Rises to KSh 4.15Trillion on November Growth
Private sector credit rose 6.3 percent YoY to a record KSh 4.15T in November 2025, reversing the January contraction and signalling a clear shift in Kenya’s credit cycle. Lending rates fell to 14.9 percent as the Central Bank cut the policy rate to 9 percent. Banks reported stronger liquidity and steady credit standards in Q3, while the NPL ratio eased to 16.5 percent from the mid-year peak.
Safaricom Green Bond Oversubscribed at KSh 41.4Bn
Safaricom’s first green MTN tranche attracted KSh 41.4Bn in bids against a KSh 15Bn target, a 275.7% oversubscription. The company will take up the full KSh 5Bn greenshoe, lifting the tranche to KSh 20Bn and refunding KSh 21.4Bn. The five-year tax-exempt note, priced at 10.4%, will fund energy-efficient network upgrades and lists on the NSE on 16 December.
CBK Extends Record Easing Run With Ninth Straight Interest Rate Cut
Central bank of Kenya cut its benchmark rate for a ninth straight meeting, lowering the Central Bank Rate to 9% as stable inflation and a firm shilling gave policymakers room to extend the longest easing cycle in the bank’s history. FX reserves rose to 12.1 billion dollars and credit growth improved. The MPC said growth is strengthening and highlighted the upcoming transition to a KESONIA-linked pricing framework that will tighten the link between policy and lending rates.
Local Content Quota Falls to 74.49% as TV Stations Slip on Compliance- CA
The sharp fall in local content may reflect mounting financial strain across TV houses as advertising spend plateaus and production budgets tighten.
Airtel Money Breaks 10% Market Share as M-Pesa Slips Below 90% for the First Time
Airtel Money reached 10.3% in the September 2025 quarter, entering double-digit market share for the first time. M-Pesa fell to 89.7%, its first drop below 90% in the available records. The shift comes as Kenya’s mobile-money ecosystem expands sharply, with 47.7 million active wallets and 91% penetration by June 2025. Long-term data shows rising transaction volumes and wider agent networks supporting this change.
Uchumi's Share Price Crosses 1000% YTD, Kakuzi Nears New Record Highs
Uchumi crossed the 1000% YTD mark and hit a day high of 1.93 as Kakuzi reached a new 52-week high at 440. Stanbic drew heavy block trades at 189, pointing to foreign exits. Turnover hit KSh 960.8M, with foreign buys at 49.17M and sells at 190.8M as the NASI fell 1.56%.
Safaricom Extends Lead in Kenya’s Home Internet Market
Kenya’s fixed broadband market grew 6.9% in Q1 2025/26 to 2.29 million subscriptions, lifted by fibre expansion and rapid wireless growth. Safaricom led with 815,037 users, followed by Jamii and Wananchi. Fibre reached 1.27 million customers as most users chose 10–30 Mbps speeds. Wireless subscriptions rose 10.2%, driven by Vilcom, Mawingu and Vijiji. Starlink increased to 19,470 users while satellite remained a niche.
Amsons Outlines Turnaround Plan for East African Portland Cement after Acquiring Majority Control
Amsons intends to triple EAPCC’s production capacity within three years while pursuing fresh investments to anchor the firm’s turnaround
Why Rift Valley, Nyanza Tea Farmers Earn Less
The biggest threat to the Kenyan tea industry is not the abrupt convulsions of the global market but the people managing the factories that feed it, according to a new report
NSE Opens the Week Lower as Uchumi Hits 935% Year-to-Date
Uchumi hit KSh 1.76 at midday, extending its streak and lifting YTD gains to 935%. Turnover reached KSh 575M, led by KCB and Safaricom. Foreign sells of KSh 210M outpaced buys of KSh 170M. The NASI fell 0.85% with mixed moves across large caps.