Kenya Seeks REIT Reforms to Attract Investor Capital
Kenya’s push to build a vibrant real estate investment trust (REIT) market has been blunted by a tax regime that industry players describe as structurally punitive.
Kenya’s Broadcast Subscriptions Contracted Marginally in 2025
Kenya’s broadcasting industry recorded a marginal contraction in the final quarter of 2025, driven by shifting consumer habits and growing competition from internet-based platforms,
Jubilee Holdings Lifts Dividend to Record KSh 15
Jubilee Holdings Limited posted an 18% rise in net profit to KES 5.55 billion for the full year ended 31 December 2025, with gross written premiums growing 18% to KES 62.40 billion. The board declared a total dividend of KES 15 per share, up 11% on the prior year. The result extends a decade of compounding in which total assets have tripled to KES 251.08 billion and earnings per share have doubled to KES 80. Jubilee Health Insurance Kenya recorded an underwriting loss as claims costs outpaced revenue in select corporate segments.
Kenya’s Complicated Place in the New World Order
The military part of the Gulf Crisis might be finally coming to an end, but the world will never be the same again. It’s time to redefine Kenya’s place in it.
Kenya’s Banking Sector Splits Into Winners and Laggards
Kenya’s banking sector is no longer moving as one trade, according to the FY25 Kenya Banking Sector Report published by Wall Street Africa Group.
Kenya Private Sector Credit Hits KSh 4.15 Trillion Record
Kenya's private sector credit stock hit an all-time high of KSh 4.15 trillion in March 2026, the sixth consecutive monthly record, recovering from a trough of KSh 3,789.10 Bn in September 2024.
Year-on-year growth accelerated to 8.1%, led by building and construction up 37.1% and agriculture up 28.9%. Banking sector liquidity stood at 59.3% with profit before tax at KSh 83.90 Bn in Q4 2025.
The NPL ratio ticked up to 15.6%, the second increase of 2026, but remains more than 200bps below the 17.6% cycle peak of August 2025.
Centum Closes 3-Year Share Buyback With 10.84M Shares Acquired, Far Short of 66.54M Target
Centum Investment Company PLC has closed its three-year share buyback programme, acquiring 10,839,300 ordinary shares across two phases against an original target of 66.54 million shares. The first phase (Feb 2023 to Sep 2024) yielded 10,688,500 shares at a maximum price of KSh 9.03. The second phase, running Oct 2024 to Mar 2026 at a maximum of KSh 9.51, added only 150,800 shares as the stock re-rated above the buyback threshold. All acquired shares are held as treasury stock. NSE float now stands at 644.75 million ordinary shares.
120 of Kenya's State-Funded Digital Hubs are Incomplete or Empty
Out of 391 planned digital hubs, 271 are fully equipped and operational, while 120 remain incomplete or empty.
World Bank Approves KSh 71bn For Isiolo-Mandera Road, Fibre Optic Cable
The World Bank has approved US$550 million (KSh 71 billion) to upgrade 508 km of the 740 km Isiolo–Mandera road and roll out more than 1,200 kilometres of fibre optic cable
Sasini Exits Avocado Processing After Houthi Disruptions Cut Shipments by 69%
Sasini PLC has invited sealed tenders for the sale of its avocado processing and packing plant at Sameer Industrial Park, Nairobi, through subsidiary Sasini Avocado EPZ Limited. The move follows two years of losses in the fruit segment after Houthi attacks on Red Sea shipping reduced container shipments from 71 in FY2024 to just 22 in FY2025. The plant, commissioned in 2021, processes up to 8 tonnes per hour. Tenders close 8 May 2026. Sasini is pivoting toward Asian markets as it retreats from direct processing.
KESONIA, Lower Rates, and the New Profit Test for Kenya's Banks- Wall Street Africa FY25 Kenya Banking Sector Report
After nearly two years of strong macro tailwinds, banks are now being forced to prove how much of their profitability was structural and how much was simply helped by high interest rates, elevated Treasury bill yields and foreign exchange volatility.
Wall Street Africa Group Launches Inaugural Kenya Banking Sector Report
Wall Street Africa Group’s inaugural banking sector report shows that FY2025 marked the end of easy earnings for Kenyan banks.
FY2026 now set to test which institutions can sustain performance in a lower-rate, tighter-margin environment.