Kenya’s Financial System Liquidity Surpasses KSh6 Trillion for the First Time
Kenya’s financial system liquidity surpassed KSh6 trillion for the first time after broad money (M3) reached KSh6.03 trillion in December 2025, according to Central Bank data. The milestone caps five years of rapid expansion from about KSh4 trillion in 2020, driven by growth in bank deposits, domestic credit and foreign currency balances. Transaction deposits, savings and external assets have all expanded as Kenya’s banking system deepened.
Treasury Bill Auction Hits Record KSh 100Bn Demand
Kenya’s domestic debt market is seeing strong investor demand as liquidity flows into government securities. The latest Treasury bill auction drew KSh100.43 billion in bids against a KSh24 billion offer, the highest demand in recent records. Interest in government paper has also remained strong in the bond market, where FY2025/26 auctions to mid-February attracted KSh1.38 trillion in bids against KSh540 billion offered, highlighting sustained institutional appetite for Treasury securities.Kenyan Firms Step Up Hiring Despite Limited Growth-Stanbic PMI
Kenya's employment growth quickened in February compared to January, even as broader private sector momentum eased, according to the latest Stanbic Bank Kenya Purchasing Managers’ Index
Kenya Revives JKIA Modernization Plans to Stay Ahead of Addis Ababa
A modernized JKIA could provide Kenya Airways and its partners with improved infrastructure to densify routes, reduce turnaround times, and attract additional transit traffic. Without comparable investment, Kenya risks ceding further ground to Addis Ababa as the region’s primary intercontinental gateway.East African Businesses Face Rising Cyber Risks Amid Talent Shortage
Kenya's Tea Exports in the Crosshairs of Global Conflicts
Ten destinations account for 82.7% of Kenya’s monthly tea exports, and most of them are currently grappling with internal and external conflicts.Why the Strait of Hormuz is so Important for Global Trade
At its narrowest, the Strait of Hormuz is only about 33 kilometres wide — but it is the only maritime exit for the Persian Gulf's oil-producing nations: Saudi Arabia, Iraq, Kuwait, the UAE, Iran, and Qatar.The Legal Fault Lines That Could Crumble Kenya's Infrastructure Fund
Kenya’s plan to launch a KSh 5 trillion National Infrastructure Fund, billed as a self-sustaining engine to finance highways, railways and airports without leaning further on taxes or sovereign borrowing, could run into constitutional headwinds.Kenya's Domestic Debt Crosses KSh 7 Trillion for the First Time
Kenya's domestic debt crossed KSh 7 trillion for the first time in February 2026, reaching KSh 7.05 trillion as sustained Treasury issuance pushes local borrowing to successive records. The last three trillion have each been added in roughly 14 months. Banks now hold 35.7 percent of government securities, deepening the sovereign-bank nexus, while 87.4 percent of the FY 2025/26 borrowing target is already deployed.NSE Adds KSh 327Bn in February as Bank Stocks Lead Rally
The Nairobi Securities Exchange closed February sharply higher, adding KSh 326.99 Bn in market capitalization to end the month at KSh 3.41 Trillion, more than double January’s KSh 138.56 Bn gain. All major indices posted double-digit gains, led by the Banking Index. Market breadth was strong, with only seven stocks declining during the month. The rally held despite foreign net selling, supported by strong domestic demand and a clean all-gainer final week.Unga Group's Interim Profit Spikes by 537% on Lower Finance Costs
Unga Group posted a sharp interim rebound for the six months ended December 2025, with profit after tax rising 537% to KSh 523.2 million as operating margins recovered and finance costs fell 53%. Revenue climbed 12% to a record KSh 14.48 billion, lifting operating profit above KSh 746 million. Management cited cost discipline, stable FX and easing interest rates, while withholding a dividend to rebuild working capital.After Two Years on the Grey List, Kenya Moves From Law to Action
Last week, the National Assembly committee on Finance and National Planning formally approved Naphtaly Kipchirchir Rono as the new Director-General of the FRC.
