Wells Fargo Gets Away with KSh 14.9mn in Quickmart Heist Dispute
Kenya Sets Stage for Digital Asset Era as Regulations Near Finalization
Kenya is moving toward regulating digital assets through the Draft Virtual Asset Service Providers (VASP) Regulations, 2026, developed by the National Treasury to operationalize the VASP Act of 2025.
Family Bank Posts Record KSh 5.4Bn Profit Ahead of NSE Debut
Family Bank Group posted a record profit after tax of KSh 5.38 billion in the full year ended December 2025, up 55.4% from KSh 3.46 billion in 2024. Net interest income rose 46.1% to KSh 15.63 billion as total assets crossed KSh 208.7 billion. The lender raised KSh 8 billion through an oversubscribed private placement in December 2025, lifting core capital to KSh 24.4 billion. Family Bank is scheduled to list on the Nairobi Securities Exchange by introduction in May 2026, with Standard Investment Bank advising on the transaction.
Kenya’s Broadcasting Industry Faces Shake-Up as Regulator Tightens Licence Crackdown
A deepening standoff between the Communications Authority of Kenya (CA) and major broadcasters is testing the balance between regulatory enforcement, commercial survival and constitutional protections on press freedom.Bomas Delays Push France-Africa Summit To KICC Fallback
DTB Kenya Completes Burundi Divestiture, Subsidiary Profit Collapsed 56% in Final Year
Diamond Trust Bank Kenya has completed the sale of its entire 83.67% shareholding in Diamond Trust Bank Burundi S.A. to a consortium of primarily Burundian investors, closing a 16-year regional presence that began in 2009. The transaction, completed on 31 December 2025, followed regulatory approval from the Bank of the Republic of Burundi. DTB Burundi had contributed just KSh 50.6 million to group pre-tax profit in FY2024, down 56% year-on-year, as total assets contracted from KSh 5.9 billion to KSh 4.6 billion amid Burundi's 39% inflation environment.NSE Suffers Worst Week Since Covid 19 Week, Oil Shock Wipes KSh 231Bn From Market
The Nairobi Securities Exchange recorded its worst week since COVID-19, erasing KSh 231.17Bn across five consecutive losing sessions in the second largest weekly decline since 2008. The Banking Index fell 8.03%, posting its worst day since launch on Thursday. The NSE 10 lost 9.02%, also a record worst week. ABSA dropped 14.5%, KCB shed 10.5%, and Equity fell 9.8%. Brent crude closed above $106 after Iran rejected US peace talks, with Kenya facing a fuel price shock at the April 15 EPRA review. Foreign investors were net sellers at KSh 503.76M. Market cap fell to KSh 3,241Bn. YTD gains narrowed from 12.24% to 4.76%.Kenya Re's Underwriting Engine Stalls, Investment Income Carries the Load
Kenya Reinsurance Corporation (NSE: KNRE) reported a KSh 3.92 billion profit after tax for the year ended 31 December 2025, an 11.6% decline from KSh 4.44 billion in 2024. The insurance service result collapsed 96.3% to KSh 108 million as net reinsurance contract expenses nearly doubled to KSh 1.35 billion. Net investment income surged 41.4% to KSh 6.60 billion, largely on a foreign exchange swing of KSh 1.44 billion. Operating cash flow fell 80.2% to KSh 876 million. A final dividend of KSh 0.15 per share was declared.KCB Kenya Appoints Peter Ng'eno as New Corporate Banking Director
KCB Group has appointed Peter Kipkorir Ng’eno as the Director Corporate Banking-KCB Bank Kenya, with effect from March 27, 2026, succeeding John Okulo
Kenya Clarifies USB-C Rule, Affirms Budget Phones Remain Legal
The authority emphasized that the rules apply only to newly imported devices seeking type approval; phones already in circulation or in transit remain fully legal.Treasury CS Mbadi Rules Out New Taxes In Finance Bill 2026
Treasury is betting that tighter enforcement, digital tax collection and broader compliance can raise enough revenue to support the next budget.Nairobi Securities Exchange Posts Record 2025 Performance, Moves to Extend Trading Hours
Total revenue crossed the KSh 1 billion mark for the first time, growing 31% year-on-year, supported by strong performance across both the equities and fixed income markets.
