Fish Farm Gate Prices Rise, State Sets KSh1.5Bn for New Landing Sites
Fish farmers have been experiencing stable and improved farm gate prices in nearly all major fisheries value chains for the past four years, data from the Kenya National Bureau of [...]
Nigerian Fintech Moniepoint Gets Green Light to Acquire Kenyan Microfinance Bank
The Competition Authority of Kenya (CAK) has cleared a proposed acquisition by U.S.-based fintech Moniepoint Inc., which plans to take a controlling 78% stake in Sumac Microfinance Bank Limited, marking [...]Kenya's Fresh Vegetable Exports Tank as Pesticide Concerns Bite
Kenya's earnings from the export of fresh vegetables fell from KSh 51 billion in 2023 to KSh 23.4 billion in 2024, primarily due to growing concerns about the pesticide levels [...]Marginal Dip in Energy Prices Pushes Inflation Down to 3.8%
Kenya’s inflation rate was lower in May, at 3.8%, compared to 4.1% reported a month earlier, according to statistics from the Kenya National Bureau of Statistics (KNBS). “Core inflation contributed [...]Kenya’s Public Debt Hits Record KSh 11.36 Trillion in March 2025
Kenya’s public debt has continued its upward march, hitting KSh 11.36 trillion by March 2025, a record high that underscores the country’s deepening fiscal pressures and the urgent need for [...]
Access Bank Completes Acquisition of National Bank of Kenya from KCB
Access Bank Plc has completed its acquisition of National Bank of Kenya (NBK) from KCB Group Plc. With the acquisition of 100% of NBK, its second after acquiring and rebranding [...]Commercial Race for Anti-Venom Heats Up as Researchers Petition Senate
Three researchers from Machakos have petitioned the Senate seeking protection of their rights to research and commercialize a traditional, non-animal plasma anti-venom, citing hostility from government agencies including the Kenya [...]Court Halts Hiring at Social Health Authority Over Unfair Recruitment Rules
The Employment and Labour Relations court on Thursday blocked the new health insurance agency, the Social Health Authority (SHA), from proceeding with a hiring process that excluded most job seekers. [...]System Vulnerabilities Surge as Reported Cyberattacks Double to 3.5 Billion
The total number of reported online crimes almost doubled to 3.5 billion in 2024, the Kenya National Bureau of Statistics (KNBS) 2025 Economic Survey shows. The total number of cybersecurity [...]Equity Group Posts 4% Profit Decline in Q1
The largest bank in East and Central Africa by market capitalization, Equity Group Holdings Plc, has reported a net profit of KSh 15.4 billion for the first quarter ended March [...]Weak Governance to Blame for High Electricity Prices in Kenya, World Bank Says
Electricity tariffs in Kenya are among the highest on the continent partly because of poor governance in power purchasing agreements with independent power producers, the World Bank says in its [...]TransCentury Breaks 10-Year Loss Streak with KSh 580 Million Profit in 2024
TransCentury Plc, the best-performing NSE stock in 2025 with +212.82% year-to-date gain at the time of publishing, has reported a net profit of KSh 580 million for the year ended [...]
