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    Security Concerns Dominate as Government Defends Safaricom Share Sale

    Security Concerns Dominate as Government Defends Safaricom Share Sale

    National security dominated deliberations in Parliament on Tuesday as the government moved to justify plans to reduce its stake in Safaricom PLC
    Fred
    Fred Obura
    2 months ago
    Parliament's Tight Deadline to Approve Turkana Oil Plan

    Parliament's Tight Deadline to Approve Turkana Oil Plan

    Parliament is racing against a February 24th deadline to review the South Lokichar Basin’s oil development plan, a high-stakes project that could unlock hundreds of millions of barrels of recoverable crude oil. 
    Brian
    Brian Nzomo
    2 months ago
    U.S. House of Representatives Approves AGOA Extension

    U.S. House of Representatives Approves AGOA Extension

    The U.S. House of Representatives has passed H.R. 6500, the African Growth and Opportunity Act (AGOA) Extension Act, in a decisive 340-54 vote.
    Fred
    Fred Obura
    2 months ago
    Lawyers Protest Court Order Outlawing Hiring of Private Firms by Public Entities

    Lawyers Protest Court Order Outlawing Hiring of Private Firms by Public Entities

    Lawyers in Kenya are in open revolt after a High Court order temporarily slammed the door on public entities hiring private law firms,
    Brian
    Brian Nzomo
    2 months ago
    Leasing Plan Looms for New KCC after KSh 6 billion in Costly State Support

    Leasing Plan Looms for New KCC after KSh 6 billion in Costly State Support

    Kenya has outlined a plan to lease New KCC to private operators if the latest KSh 2 billion bailout does not yield positive results.
    Fred
    Fred Obura
    2 months ago
    Parliament Opens Hearings on Safaricom Share Sale Plan

    Parliament Opens Hearings on Safaricom Share Sale Plan

    Parliament will begin stakeholder hearings on the government’s plan to partially divest its shareholding in Safaricom PLC
    Fred
    Fred Obura
    2 months ago
    Sasini Jumps 65% to July 2023 Highs, NSE Edges Up in Monday Trade

    Sasini Jumps 65% to July 2023 Highs, NSE Edges Up in Monday Trade

    The NSE traded higher at midday as Sasini surged 10.5% to its highest level since July 2023 following a return to profit in FY2025. The NASI rose 0.43%, supported by gains in agriculture and industrial stocks, while turnover reached KSh 336M. Foreign investors remained net sellers.
    Harry
    Harry Njuguna
    2 months ago
    Insurance Policyholders to be Compensated Upto KSh 500, 000 in Case of Collapse

    Insurance Policyholders to be Compensated Upto KSh 500, 000 in Case of Collapse

    Policyholders caught up in the collapse of insurance companies will now receive a maximum payout of KSh 500,000 per claim, after regulators doubled the compensation ceiling.
    Fred
    Fred Obura
    2 months ago
    NSE Extends 2025 Momentum in First Full Week of 2026

    NSE Extends 2025 Momentum in First Full Week of 2026

    The NSE began its first full trading week of 2026 on a firm footing, with all major indices posting gains and turnover surging to KSh 3.5Bn. Activity reflected renewed liquidity and portfolio repositioning after a record 51.1% NASI gain in 2025, led by banks and Safaricom.
    Harry
    Harry Njuguna
    2 months ago
    Sasini Returns To Profit On Higher Coffee Prices But Cash Flow Weakens

    Sasini Returns To Profit On Higher Coffee Prices But Cash Flow Weakens

    Sasini Plc returned to profit in FY2025, posting net income of KSh188Mn after a KSh562.9Mn loss a year earlier, supported by higher coffee and macadamia prices that lifted revenue to a record KSh8.44Bn. The rebound came with pressure beneath the surface, as cost of sales absorbed most revenue gains, operating and free cash flows turned negative, and cash balances fell nearly 40%, highlighting a recovery driven by prices rather than stronger margins or cash generation.
    Harry
    Harry Njuguna
    2 months ago
    How Kenyan Businesses Can Stay Resilient and Risk-Proof in 2026

    How Kenyan Businesses Can Stay Resilient and Risk-Proof in 2026

    With improving credit conditions and steady GDP growth, 2026 presents a critical window for businesses to fortify their foundations while actively positioning themselves for long-term expansion.
    Dr. Isaac
    Dr. Isaac Nzyoka
    2 months ago
    85% of Nairobi's Buildings Are Unsafe, Experts Say After South C Collapse

    85% of Nairobi's Buildings Are Unsafe, Experts Say After South C Collapse

    Nairobi’s construction sector is approaching a danger point, according to professional bodies in the building and engineering industry,
    Brian
    Brian Nzomo
    2 months ago

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