After Going Bust, Lipa Later Now Mulls Buyout Proposals
Ailing fintech firm Lipa Later Limited, is drawing renewed investor interest as competing proposals emerge to salvage and restructure the company’s operations and assets. Meanwhile, Advance Global Capital (AGC) — [...]
SKL Heads to Market with Tripled Revenue, But Liquidity Flags Remain
Shri Krishana Overseas PLC (SKL), a corrugated packaging manufacturer, is preparing for its NSE listing on 24th July 2025 with its balance sheet transformed by aggressive asset expansion and surging [...]
Chinese Firms Position Themselves for the Rironi–Mau Summit Toll Road Project
Two Chinese companies are emerging as front-runners in the race to build and operate the Rironi-Mau Summit highway, a 175-kilometre toll road set to break ground in August under a [...]NSE's KSh 600B Rally Pauses as Profit-Taking Kicks In
The Nairobi Securities Exchange (NSE) snapped a five-day losing streak on July 16, 2025, as the All Share Index (NASI) edged up 0.36% to close at 157.60. This modest rebound [...]Rock and Legatum Licensed as Investment Advisors by CMA
The Capital Markets Authority (CMA) has granted Rock Advisors and Legatum Capital Advisory Limited, as it continues its push to broaden access to professional financial services and promote responsible investing [...]NSE Lists First Equity-Based Global ETF, Opening Doors to Global Markets for Kenyan Investors
The Nairobi Securities Exchange (NSE) has marked a significant milestone with the dual listing of the Satrix MSCI World Feeder Exchange Traded Fund (ETF), the second ETF to be listed [...]Kisumu, Johannesburg Secure AfDB Funding for City Projects
Kisumu has secured $750,000 grant from the African Development Bank (AfDB), channeled through its Urban and Municipal Development Fund (UMDF) for transformation of Kenya’s third larges city. This comprehensive study is designed [...]StanChart, British Investor Launch US$100Mn Trade Finance Facility for Kenyan, Tanzanian Firms
The Standard Chartered Bank and British International Investment (BII), a UK development finance institution, have signed a US$100 million trade finance agreement aimed at expanding access to capital for businesses [...]Bitcoin Surges Past US$122,000 as Institutions Stock Up Ahead of Key U.S. Crypto Legislation
Bitcoin traded to an all-time high of over US$122,000 on Monday, lifted by a wave of institutional buying and growing investor optimism ahead of a pivotal “Crypto Week” in Washington. [...]Centum Cuts Debt, Holds Dividend Despite 69% Profit Slump
Centum Investment Company Plc reported a sharp decline in earnings for the year ended March 2025, with net profit tumbling 69% to KSh 812.8 million, from KSh 2.6 billion the [...]Kenchic Unveils Branded Butcheries in Residential Areas
Kenchic, a dominant player in Kenya’s poultry market, has launched Kenchic Mtaani' butcheries to formalise the meat distribution sector and expand access. “Our priority has always been the health of [...]Kapchorua Tea Shares Hit All-Time High Despite 55% Profit Drop
Kapchorua Tea Kenya Plc surged to an all-time intraday high of KSh 332 on July 11, 2025, before closing at KSh 321.50, marking a 6.46% gain for the day. Management [...]
