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    Court Freezes KSh 20bn For Climate Project As NGOs Wrestle for Control

    Court Freezes KSh 20bn For Climate Project As NGOs Wrestle for Control

    The High Court in Eldoret has halted the movement or spending of donor funds tied to a KSh 20 billion climate resilience project, as a bitter dispute unfolds between the [...]
    Brian
    Brian Nzomo
    a year ago
    Treasury CS Mbadi Proposes Extra KSh 300m to the Hustler Fund

    Treasury CS Mbadi Proposes Extra KSh 300m to the Hustler Fund

    The government has allocated KSh 300 million to the Hustler Fund in the 2025/25 Financial Year, to scale up access to credit for households and MSMEs. “The Government recognizes the challenge of accessing [...]
    Fred
    Fred Obura
    a year ago
    Malls, Retail Premises Dominate Demand in Commercial Real Estate

    Malls, Retail Premises Dominate Demand in Commercial Real Estate

    The commercial real estate market posted a standout performance in 2023, with 75% of all its listed properties, recorded as sold that year — according to the Economic Survey 2025. [...]
    Chelsy
    Chelsy Maina
    a year ago
    Kenya Targets Ksh 70Bn from 32 PPP Projects in FY 2025/26

    Kenya Targets Ksh 70Bn from 32 PPP Projects in FY 2025/26

    Kenya will be implementing 32 Public-Private Partnership (PPP) projects worth Ksh 70 billion in FY 2025/26, focusing on priority sectors such as energy, water, housing, health, and transport. Mbadi made [...]
    Fred
    Fred Obura
    a year ago
    Multichoice's DSTV, Go-TV Subscribers in Kenya Fall 15% as Showmax Grows

    Multichoice's DSTV, Go-TV Subscribers in Kenya Fall 15% as Showmax Grows

    Macroeconomic strain, rising piracy, and growing competition from streaming and social media saw subscribers of Multichoice pay-TV services shrink to 14.5 million, with Kenya's DSTV and Go-TV subscribers declining by [...]
    Brian
    Brian Nzomo
    a year ago
    Gov't to Settle Only KSh 229Bn Out of KSh 522.9Bn Pending Bills

    Gov't to Settle Only KSh 229Bn Out of KSh 522.9Bn Pending Bills

    The Committee on Pending Bills has until the end of June to submit its report on verified bills both the National and County governments owe different entities. “To enhance liquidity in [...]
    Fred
    Fred Obura
    a year ago
    Umeme's FY2024 Loss Marks Turbulent End to 20-Year Electricity Concession

    Umeme's FY2024 Loss Marks Turbulent End to 20-Year Electricity Concession

    Umeme Limited closed FY2024 with a Ushs 511 Billion net loss, reversing a Ushs 11 million profit from the previous year. The loss coincided with the end of its 20-year [...]
    Harry
    Harry Njuguna
    a year ago
    Investor Wealth on the NSE Up KSh 180Bn, Safaricom Briefly Crosses KSh 1Trillion

    Investor Wealth on the NSE Up KSh 180Bn, Safaricom Briefly Crosses KSh 1Trillion

    The Nairobi Securities Exchange (NSE) is on a record-breaking run with all major indices now posting double-digit returns so far in 2025. The rally is broad-based. Returns on all equities [...]
    Harry
    Harry Njuguna
    a year ago
    T-Bill Yields Drop Sharply After CBK Rate Cut, Appetite Shifts to Reopened Bonds

    T-Bill Yields Drop Sharply After CBK Rate Cut, Appetite Shifts to Reopened Bonds

    Treasury Bill (T-bill) yields have accelerated their drop in the latest Central Bank of Kenya auction, sinking to their lowest levels since June 2022. Investor behavior in the most recent [...]
    Harry
    Harry Njuguna
    a year ago
    Europe to Greylist Kenya for Money Laundering

    Europe to Greylist Kenya for Money Laundering

    The European Commission, citing the FATF and onsite visits, has proposed to list Kenya among high-risk jurisdictions with deficiencies in anti-money laundering and countering the financing of terrorism (AML/CFT) regimes. “Following a [...]
    Fred
    Fred Obura
    a year ago
    Court Awards KSh 2.08mn to Ex-Employee Caught Up in Kenya Airways-KLM Contract Dispute

    Court Awards KSh 2.08mn to Ex-Employee Caught Up in Kenya Airways-KLM Contract Dispute

    The Employment and Labor Relations court has ruled that the dismissal of Michael Kariuki Nderitu by Kenya Airways Plc was unfair, awarding the former procurement officer KShs 2.08 million in [...]
    Brian
    Brian Nzomo
    a year ago
    No Takeover Plan by Sanlam Kenya’s South African Majority Owners

    No Takeover Plan by Sanlam Kenya’s South African Majority Owners

    Listed financial services group Sanlam Kenya Plc is navigating a significant corporate restructuring after it recently completed a KES 2.5 billion rights issue which has reshaped its shareholding structure. This [...]
    Harry
    Harry Njuguna
    a year ago

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