Banks Urges CBK to Hold 9% Rate Amid Loan Pricing Risks
The Kenya Bankers Association has urged the Central Bank to keep the policy rate at 9.00% on Tuesday, even after nine consecutive rate cuts since 2023, the longest easing streak on record. It says previous reductions have not fully transmitted to lending rates as banks complete the shift to KESONIA/CBR-based pricing ahead of the March 1 deadline. KBA notes that inflation slowed to 4.4% in January but faces upside risk from drought-driven food prices, even as Q3 2025 growth held at 4.9% and private credit reached 6.3% in November. It adds that policy stability is supported by a steady shilling and usable FX reserves of USD 12.33 billion, equal to 5.3 months of import cover.
KPLC's Power Sales Hit Record as Demand Spikes in 2025
KPLC’s electricity sales reached a record 5,938.2 GWh in July–December 2025/26, up 9.0% year on year, marking the fastest six-month pace since 2021/22Uganda Kickstarts Busy Monetary Policy Week Head for Africa's Central Banks
Seven NSE Stocks Hit New 52-week Highs in Monday's Trade
Seven counters broke into new 52-week highs, extending the market’s strong start to February and lifting the NASI by 0.98% to 194.72 at midday on February 8thKenya’s Property Market Enters Cautious Phase Ahead of 2027 Elections
Political uncertainty and tighter financing conditions are prompting developers to delay new projects, while capital shifts toward segments backed by structured funding and resilient demand.
NSSF's Investment Bills Cross KSh 1bn as Fund Manager Fees Spike
NSSF’s investment costs reached KSh 1.10bn in FY2024/25 after a 61% jump in payments to external fund managers, even as portfolio returns hit 22%.Kenya's School Enrolment Data Gaps Expose Deep Fault Lines
New enrolment verification data reveals significant gaps between projected and funded learner numbers in Kenya’s basic education system. With hundreds of thousands of learners linked to missing or unverified records and hundreds of schools still unauthenticated, public capitation funding is increasingly misaligned with on-the-ground realities, raising concerns about accountability, equity, and the sustainability of small schools.Kenya Lays Groundwork for Mau Summit-Eldoret-Malaba Road
Kenya has initiated a pre-feasibility study for the proposed Mau Summit–Eldoret–Malaba road upgrade under a public-private partnership framework. The assessment will determine the project’s technical and financial viability ahead of potential procurement of a private partner to finance, build, and operate the corridor.Kenya's Stock Market Closes First Week of February at All Time High
The NSE finished Week VI at an all-time NASI high of 202.73, pushing market value to KSh 3.199 trillion. Banks led trading, lifting the NSE 20 by 1.46%, while equity turnover rose to KSh 4.76Bn. Foreign investors sold KSh 1.06Bn net, but local demand kept prices firm. Bond turnover eased to KSh 57.5Bn, and derivatives activity jumped to 4,693 contracts.SIB's Mansa-X Special Funds Cross US$ 1 Bn in Assets
Mansa-X Special Funds, the flagship investment product of Standard Investment Bank (SIB), has officially crossed the US$ 1 billion mark in Assets Under Management (AUM).EV Adoption Will Threaten Kenya’s Lucrative Fuel Levy
The government is vague on what alternative revenues it shall develop to reduce over reliance on the fuel levy as EVs become more popular on Kenyan roads.Safaricom Dividend Sparks Record NSE Rally as Investor Wealth Hits KSh 3.2 Trillion
