Middle East Conflict Deepens Strain on Kenya’s Economy- Stanbic PMI
The economic shockwaves from the Middle East war are beginning to show up in Kenya’s private sector, with the latest business survey pointing to a demand slowdown colliding with stubborn, locally rooted inflation pressures.
Inside Advtech's Kenya Bet: 6,000 Students, KSh 1.29Bn Acquisition, and Plans to Double
In an exclusive interview with Kenyan Wall Street, Advtech Regional MD Horace Mpanza revealed Makini Schools has surpassed 6,000 students across seven Kenya campuses. The KSh 1.29 Bn Regis Runda acquisition is driving 17% enrolment growth. Cambridge demand is surging, with enrolments growing sevenfold since 2020. Mpanza confirmed ADvLEARN is live in Kenya with measurable maths improvement. A second Crawford campus is "not closed" as an idea.
CBK Breaks 19-Month New Issuance Drought With 30-Year Bond
The Central Bank of Kenya is set to issue the FXD1/2026/030, a new 30-year Treasury bond with a 12.50% coupon maturing March 2056, the first fresh bond issuance in 19 months since September 2024. It is paired with a reopened savings development bond (SDB1/2011/030, 12.00% coupon, 14.9 years remaining) in a combined KSh 20Bn offer. The new issue extends the domestic yield curve by a decade and prices at exactly par with zero accrued interest. It is the third bond auction in April, bringing total monthly issuance to KSh 80Bn across two reopenings and a switch. Auction is 15 April, settlement 20 April.Kenya Seeks REIT Reforms to Attract Investor Capital
'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 millionNSE 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.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.Africa's Small Businesses Deserve World Class Banking
Micro, Small and Medium Enterprises (MSMEs) form the backbone of the global economy, yet their growth is constrained by limited access to finance.
March Wipes KSh 343Bn From NSE Shareholders as Middle East War Bites
The NSE closed March 2026 with every major index down between 8.5% and 10.5%. The NSE 10 led losses at -10.49%, the Banking Index fell 8.89%, and the NASI declined 9.84%. Only 7 of 69 listed stocks gained. Foreign investors sold KSh 4.28Bn net across 17 of 22 sessions. Market cap fell KSh 179Bn to KSh 3.23Tn, though the KPC listing in early March masks a deeper KSh 343Bn hit to existing shareholders. Week 13 erased KSh 231Bn, the second worst week since 2008. Banks closed at a median 5.4x P/E and 8.3% dividend yield amid record earnings.Kenya's Listed Firms Post Highest Governance Score in 8yrs, Mandatory ESG Disclosures Loom for 2027
Kenya's 53 listed issuers scored 78.88% on the Capital Markets Authority's FY2024/2025 corporate governance scorecard, the highest in eight years of assessments and only the second time the Leadership Rating threshold has been crossed. Leadership-rated companies rose from 27 to 38 while Needs Improvement issuers fell from 4 to 2, down from 17 in FY2017/2018. All seven CG Code principles reached Leadership Rating simultaneously for the first time. Agriculture remains the only Fair-rated sector at 62.80%. Mandatory IFRS S1 and S2 sustainability disclosure standards are targeted for adoption from January 2027.Kenya's Listed Companies Have Been Shortchanging Shareholders, CMA Report Reveals
Kenya's Capital Markets Authority FY2024/2025 governance report has found that listed companies are delegating to their boards the approval of policies expressly reserved for shareholders under Clause 8.21 of the POLD Regulations 2023, conducting AGMs too short for shareholders to question management, and have for years operated boards filled with directors misclassified as independent. Sixteen of 53 assessed companies have not reached Leadership Rating on the Rights of Shareholders principle. The Agricultural sector scored 62.22% on shareholder rights, the weakest sectoral performance. The Minority Shareholders Association of Kenya has been formally registered in response to these accumulated failures.
