Diaspora Inflows Hit Record KSh 55.2 billion in August
Money sent home by Kenyans living and working in the diaspora hit a record high in a single month, clocking US$427.2 million (KSh55.2 billion), in August. In the 12 months [...]
NSE, UK's MOBILIST Partner to Drive New Listings
The Nairobi Securities Exchange (Ticker: NSE) has entered into a partnership with UK government programme MOBILIST to drive the listing of new investment products in the Kenyan market. “The strategic [...]Safaricom Secures Another KShs. 15bn Loan from 4 Banks for ESG
A year after it received the first tranche of a sustainability loan, Safaricom PLC has secured the second tranche of KShs. 15bn from KCB, ABSA, Standard Chartered, and Stanbic to [...]
Kenyan Climate Startup Flux Sells Africa's First Carbon Removal Credits
In mid-September, Nairobi-based climate startup, Flux, sold carbon removal credits worth US$370 each to the Milkywire Climate Transformation Fund through the CYNK platform. We are incredibly proud to be selected [...]5 Ways to Invest in Real Estate as a Kenyan in Diaspora
As a Kenyan living abroad, investing in real estate in Kenya can be a way to build wealth and stay connected with home. The real estate market in Kenya is [...]
Capital Markets Tribunal Greenlights Investigation into Kakuzi PLC's Financial Dealings
The Capital Markets Tribunal has rejected a bid by Kakuzi PLC (Ticker: KUKZ) and its directors to bar the Capital Markets Authority (CMA) from investigating the listed agricultural company's financial [...]Meta, Facebook, Can Be Sued in Kenya, Court Rules in Moderator Controversy
A civil application by American tech giant, Meta, was recently dismissed in a ruling by the Court of Appeal, affirming the decision of a lower court that the company can [...]Over 30 Airlines Seek Regulator Nod for Kenya's Airspace
Saudi Arabian Airlines, Bluebird Aviation, Jetways and the African Express Airways are among airlines seeking licenses and v from the Kenya Civil Aviation Authority (KCAA) for either domestic or international [...]Kenyan Banks to Report Foreign Customers' Account Data to Combat Tax Evasion
Financial institutions, such as banks and fintechs. are gearing up to comply with a set of regulations called the Common Reporting Standards (CRS), which were published by the Attorney General [...]Safaricom Increases Internet Speeds, Introduces 1000Mbps Platinum Package
Safaricom has increased internet speeds for existing home and business packages, introducing the new 1000mbps platinum plan at KSh 20,000 per month, according to a statement seen by The Kenyan [...]Kenyan Shilling Stable on Dollar Inflows
The Kenyan Shilling gained ground in the previous week against a weaker dollar, with the U.S. Federal Reserve's 50 basis points rate cut. On the international front, yields on Kenya’s [...]Service Industry Lead Employer in Nairobi County, Gender Gap Narrows-KIPPRA
The percentage of male and female employees in Nairobi County is almost at par, The Kenya Institute for Public Policy Research and Analysis (KIPPRA) found in its Economic Report 2024. [...]
