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 [...]
Linzi FinCo Lists KSh 44.79B Infrastructure-Backed Bond to Fund Talanta Sports City
Linzi FinCo 003 Trust, a subsidiary of the Pan-African Liaison Group, has listed a KSh 44.79 billion Infrastructure Asset-Backed Security (IABS) on the Nairobi Securities Exchange (NSE). GCR Ratings assigned [...]Safaricom Doubles Down on Loss-Making Circle Gas with KSh 2.4Bn Boost
Circle Gas Limited, the smart LPG distributor backed by Safaricom, continues to post heavy losses, even as it expands its footprint in Kenya and accelerates its efforts to digitize clean [...]The Best African Investment No One Is Talking About
1.5 billion people need to eat. And they can’t eat software. Startups are shutting down.VCs are retreating. And in the middle of the chaos, one company quietly pulled off 125x [...]
NSE to List First Global Equity ETF as Satrix Expands into Kenya
In a major milestone for Kenya’s capital markets, Satrix, South Africa’s largest provider of index-tracking funds, will list its MSCI World Feeder ETF on the Nairobi Securities Exchange (NSE) on [...]Olympia Capital Seeks Shareholder Nod for Tenfold Share Capital Increase
Olympia Capital Holdings Plc has unveiled a bold proposal to increase its authorized share capital tenfold—from KSh 250 million to KSh 2.5 billion—as it positions for long-term growth. “That the [...]BuuPass Secures Funding From Yango Ventures to Scale African Intercity Travel
Kenyan mobility startup, BuuPass, has landed an investment from Yango Ventures — the corporate venture arm of the UAE-based tech group Yango — in a deal aimed at transforming long-distance [...]
Old Mutual Winds Down South Sudan Operations after Two Decades
UAP Insurance South Sudan (UAPISS), a subsidiary of Old Mutual Holdings, has halted Insurance business in the South Sudan market beginning this month. “This follows strategic review of the business [...]BangBet Operations Protected as High Court Backs Lucky Bus License
The High Court has dismissed an application seeking to suspend operations of BangBet, a betting platform operated by Lucky Bus DMCC and Afreeken Technology Ltd, dealing a blow to Rabow [...]KSh 17.7 Bn UK Fund Targets 500 Kenyan Startups
The United Kingdom (UK) will channel KSh 17.7 billion into Kenya’s innovation landscape, including startups and SMEs, as part of the renewed Strategic Partnership 2025–2030 signed by Kenya's President William [...]Kenya to Relocate Nuclear Power Project to Siaya After Kilifi Pushback
Kenya's plans for its first nuclear power plant have found new footing in Siaya County after fierce community opposition derailed earlier efforts in Kilifi. In October last year, residents in [...]Olympia Capital Posts KSh 17.6M Profit in FY2025, Boosted by Asset Revaluation
Olympia Capital Holdings Ltd has reported a net profit of KSh 17.6 million for the financial year ended 28 February 2025, down 50% from KSh 35.2 million the year before. [...]
