Banking Stocks Drive NSE Gains in January
The NSE began 2026 with broad index gains led by banking stocks, even as equity turnover declined and foreign investors turned net sellers. Bond market activity rose sharply, and valuations remained supportive, pointing to rotation rather than exhaustion after a strong 2025.
Kenya's Stock Market Closes January Higher as Turnover Jumps and Foreign Inflows Return
The NSE closed the final week of January 2026 higher, with indices advancing and turnover rising 39% to KSh 4.45bn. Trading remained concentrated in large caps, while foreign investors returned to net buying with a KSh 506.8m inflow, reversing last week’s outflows.EABL's Interim Dividend Jumps 167% as Brewer Posts 38% Rise in Profit
East African Breweries reported a 38% rise in interim profit for the six months to December 2025 as revenue climbed 11% to a record 75.5 Bn. Volume grew 8%, expenses stayed flat, and lower finance costs lifted margins. Cash strengthened to 17.7 Bn, total debt fell to 37 Bn, and leverage improved to 0.5x EBITDA. The board declared an interim dividend of 4.00 per share, up 167% year on year, even as management flagged weak consumer spending and rising illicit alcohol penetration.SACCO Moves to Recover KSh 108.8mn from Insolvent KUSCCO
A Christian-based SACCO has obtained court orders to auction the movable assets of the KUSCCO to recover KSh108.8 million in unpaid deposits.
InvestKenya Announces the Upcoming Kenya International Investment Conference 2026
The 4th Kenya International Investment Conference (KIICO) 2026 is set to be the largest and most impactful investment promotion conference in Kenya’s history.
Dar Tycoon Bets US$200mn in Portland Cement's Modernization
The East African Portland Cement (EAPC) is undertaking a US$200 million expansion aimed at sharply increasing output and reasserting its relevance.African Women-Led Firms Post Growth, Lag in Private Capital
Although female-led startups in Africa are outpacing their male peers in both growth and revenue, women remain underrepresented in senior roles where investment decisions are madeNSSF Assets Surge by KSh 173 Bn in FY2025, Investment Income More Than Doubles
NSSF delivered a record FY2025 as members’ funds rose 43% to 572.8 Bn, driven by a sharp rise in contributions and strong investment returns. Member contributions increased 35% to 83.97 Bn, while net investment income surged 152% to 105.3 Bn, lifting returns to 22%. Investment assets expanded to 558.0 Bn, led by higher Treasury bond, equity, and Eurobond holdings, marking the fastest balance sheet expansion in the fund’s history.AfDB Approves US$16.5mn Loan for Menengai Geothermal Plant
AfDB approved a US$16.5 million loan to support construction of a new 35-megawatt power plant at the Menengai geothermal field near NakuruNSE Last Week: Indices Advance as Turnover Rises and Foreign Outflows Ease
The NSE closed Week IV with modest gains across major indices as turnover rose 24.65% to KSh 3.2Bn.A County Industrialization Fund Could Unlock Kenya’s Manufacturing Potential
Kenya’s manufacturing sector remains stuck at 7.3% of GDP, far below Vision 2030 targets, with industrial activity concentrated in a few urban counties. As global manufacturers shift from high-cost economies like China, Kenya has a narrow window to absorb labour-intensive industries and tackle rising rural poverty and youth unemployment. Analysts are calling for a USD 4.7 billion County Industrialization Fund to anchor factories, agro-processing and exports across all 47 counties, leveraging public-private partnerships to drive rural industrialization and position Kenya as a regional manufacturing hub.
Safaricom Defends Ethiopia Strategy as Share Sale Pricing Remains Sticky Point
Lawmakers and several stakeholders have questioned why the shares were not offered to the wider public, arguing that an open market process could have allowed Kenyans to participate
