Kenya’s Power Imports, Exports Hit Record Highs in Q1 2025
Kenya exported 10.76 GWh of electricity in March 2025, setting a new monthly record primarily driven by Tanzania’s return to importing Kenyan power, ending a six-year absence that had left [...]
America Wants a Slice of Remittances
As recently as2016,a World Bank articlelistedBahrain, Saudi Arabia, the US,and theUAEas countries considering imposing taxes on remittances. Washington is now proposing a 5% on remittances in its new tax plan. [...]
Kenya Airways 2024: The Plan, The Profit, and the Road to Recapitalization
In an exclusive interview with The Kenyan Wall Street, Kenya Airways (KQ) acting CFO Mary Mwenga outlines the airline’s internal transformation—from cultural shifts to balance sheet overhauls—and what it will [...]Social Media is Shifting News Consumption Habits in Kenya
More Kenyans are now using social media as a primary source of news than any other media, although television and radio remain prominent sources of news, according to the State [...]
Wealthy Kenyans Shift From Real Estate Investments as Economic Pressures Mount
Wealthy Kenyans are retreating from real estate, with only 22% investing in residential property — down from over 50% last year — as they shift to more liquid income-generating assets, [...]President Trump 5% Tax on Remittances Set to Rattle Kenya's Foreign Currency Flows
Buried on page 327 of what U.S House Republicans are hailing as “the one, big, beautiful bill,” a proposal by the Trump administration to impose a 5% tax on remittances [...]Kenya's Microfinance Banks Cut Back on Innovation
Microfinance banks (MFBs) are leading in the overall reduction of dedicated innovation teams among banking institutions, a new survey by the Central Bank of Kenya (CBK) shows. MFBs have cut [...]Sanlam Kenya’s Stock Falls 43% as Shareholders Face 77% Dilution
When Sanlam Kenya Plc announced plans for a KSh 2.5 billion rights issue on April 3, 2025, its stock price surged to a post-announcement high of KSh 10.35 — an [...]Safaricom's Balance Sheet Takes KSh 111Bn Hit as FX Losses Bite
Safaricom PLC has posted a net profit of KSh 69.8 billion and maintained a KSh 48.08B dividend, but its total equity fell by KSh 111.7B (–33.3%), from KSh 335.7B in [...]Kenya’s GDP Growth Slows to Weakest Pace Since 2013
Kenya’s GDP expanded by 4.7% in 2024, a slowdown from 5.7% in 2023, as global headwinds, tight financial conditions, and easing post-pandemic momentum shaped economic activity. Nominal GDP reached KSh [...]Stanbic PMI Highest in 10 Months as Jobs Grow
Kenya’s private sector recorded higher sale volumes despite inflation rising to 4.1% in April, the latest Stanbic Purchasing Managers' Index (PMI) shows. “The Kenya PMI for April reveals a private [...]Kenyan Banks' Average Lending Rates Fall to 13-Month Low
Kenya’s commercial banks' average lending rate eased to 15.77% in March 2025 — the lowest level recorded in over a year — marking a turning point after months of elevated [...]
