Kenya’s School Enrollment Soars, but Weak Skills Pipeline Threatens Quality
Kenya has made strong gains in getting children into school, but learning outcomes remain dangerously weak,
Moody’s Upgrades Kenya After Eurobond Buybacks Cut Near-Term Default Risk
Moody’s upgraded Kenya’s sovereign rating to B3 from Caa1, citing lower near-term default risk after a sharp rebuild in foreign-exchange reserves, Eurobond buybacks, and improved access to domestic and external funding. FX reserves rose to KSh 1.57 trillion, easing balance-of-payments pressure. The move followed Fitch’s B- affirmation last week, which also flagged stronger liquidity but warned high debt service, fiscal slippage, and weak debt affordability continue to cap Kenya’s credit profile.
Tax Tribunal Rules Del Monte Owes KSh 6.7bn
Del Monte will face a KSh 6.72 billion tax bill after a tribunal determined that the company's challenge to the taxman's assessments fell short of merit.Kenya to Automate External Debt Payments
Kenya is set to roll out a fully automated external debt payment platform under the Treasury Single Account (TSA) framework from February 2026. The system integrates key public financial management platforms, including Meridian, IFMIS, Central Bank exchange rate systems, and statutory approval workflows, replacing manual, paper-based processes.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.Kenya Turns to KSh 454mn EU-Backed Cyber Security Project
Kenya has launched a KSh454 million (€3 million) European Union–funded cybersecurity programme amid rising cyberattacks that have exposed vulnerabilities in government digital systemsTown Hall with Kenya Pipeline MD Joe Sang
For this special Live Trading Bell Townhall, the spotlight will be on a deep-dive conversation with Joe Sang, Managing Director of Kenya Pipeline Company (KPC), as we unpack the details behind one of Kenya’s most anticipated listings. This session offers a rare opportunity to hear directly from the man at the helm of KPC at a defining moment in the company’s history — moving from a state corporation to a publicly traded entity — and to better understand how this transaction fits into Kenya’s broader capital markets and privatization agenda
Regulator Approves KCB’s US$15mn Acquisition of Riverbank
The Competition Authority of Kenya (CAK) has approved KCB Group’s acquisition of a 75% stake in Riverbank Solutions, a payments technology company.Fitch Affirms Kenya's Credit Rating at B- as FX Reserves Hit KSh 1.60Tn, Debt Service and Deficits Weigh on Rating
Fitch Ratings on 23 January 2026 affirmed Kenya’s B- sovereign rating with a stable outlook, citing stronger external buffers after FX reserves climbed to KSh 1.60 trillion (US$ 12.4 billion) and recent Eurobond liability management reduced near-term risks. The agency warned that heavy external debt service of KSh 684 billion in FY26, a wide fiscal deficit, weak revenue collection, and high interest costs continue to constrain the credit profile and limit upgrade prospects.Kenya Faces Food Security Test as Court Weighs Rice Import Policy
With the High Court set to rule on January 29, 2026, on a challenge to the Government’s decision to allow time-bound, duty-free rice imports, the State has moved to reassure farmersSafaricom's Looming Majority Control Shift Triggers EAC, COMESA Inquiries
Regional competition authorities have opened formal inquiries into a proposed transaction that would hand South Africa’s Vodacom Group control of Safaricom PLCHigh Court Upholds WhatsApp, SMS Agreements as Proof of Contract
The court held that the WhatsApp exchanges did not read as casual chat but as ongoing business communication about payment obligations.
