Safaricom Green Bond Oversubscribed at KSh 41.4Bn
Safaricom’s first green MTN tranche attracted KSh 41.4Bn in bids against a KSh 15Bn target, a 275.7% oversubscription. The company will take up the full KSh 5Bn greenshoe, lifting the tranche to KSh 20Bn and refunding KSh 21.4Bn. The five-year tax-exempt note, priced at 10.4%, will fund energy-efficient network upgrades and lists on the NSE on 16 December.
CBK Extends Record Easing Run With Ninth Straight Interest Rate Cut
Central bank of Kenya cut its benchmark rate for a ninth straight meeting, lowering the Central Bank Rate to 9% as stable inflation and a firm shilling gave policymakers room to extend the longest easing cycle in the bank’s history. FX reserves rose to 12.1 billion dollars and credit growth improved. The MPC said growth is strengthening and highlighted the upcoming transition to a KESONIA-linked pricing framework that will tighten the link between policy and lending rates.Local Content Quota Falls to 74.49% as TV Stations Slip on Compliance- CA
The sharp fall in local content may reflect mounting financial strain across TV houses as advertising spend plateaus and production budgets tighten.
Airtel Money Breaks 10% Market Share as M-Pesa Slips Below 90% for the First Time
Airtel Money reached 10.3% in the September 2025 quarter, entering double-digit market share for the first time. M-Pesa fell to 89.7%, its first drop below 90% in the available records. The shift comes as Kenya’s mobile-money ecosystem expands sharply, with 47.7 million active wallets and 91% penetration by June 2025. Long-term data shows rising transaction volumes and wider agent networks supporting this change.Uchumi's Share Price Crosses 1000% YTD, Kakuzi Nears New Record Highs
Uchumi crossed the 1000% YTD mark and hit a day high of 1.93 as Kakuzi reached a new 52-week high at 440. Stanbic drew heavy block trades at 189, pointing to foreign exits. Turnover hit KSh 960.8M, with foreign buys at 49.17M and sells at 190.8M as the NASI fell 1.56%.Safaricom Extends Lead in Kenya’s Home Internet Market
Kenya’s fixed broadband market grew 6.9% in Q1 2025/26 to 2.29 million subscriptions, lifted by fibre expansion and rapid wireless growth. Safaricom led with 815,037 users, followed by Jamii and Wananchi. Fibre reached 1.27 million customers as most users chose 10–30 Mbps speeds. Wireless subscriptions rose 10.2%, driven by Vilcom, Mawingu and Vijiji. Starlink increased to 19,470 users while satellite remained a niche.Amsons Outlines Turnaround Plan for East African Portland Cement after Acquiring Majority Control
Amsons intends to triple EAPCC’s production capacity within three years while pursuing fresh investments to anchor the firm’s turnaroundWhy Rift Valley, Nyanza Tea Farmers Earn Less
The biggest threat to the Kenyan tea industry is not the abrupt convulsions of the global market but the people managing the factories that feed it, according to a new reportNSE Opens the Week Lower as Uchumi Hits 935% Year-to-Date
Uchumi hit KSh 1.76 at midday, extending its streak and lifting YTD gains to 935%. Turnover reached KSh 575M, led by KCB and Safaricom. Foreign sells of KSh 210M outpaced buys of KSh 170M. The NASI fell 0.85% with mixed moves across large caps.Kenya’s Arrivals Hit Record 2.39 Million in 2024 as Visa Reforms Lift Tourism
Kenya’s international arrivals jumped to a record 2.39 million in 2024, boosted by the government’s shift to visa-free entry and streamlined travel authorisation systems aimed at lowering barriersThermal Electricity Output Jumps 36% to Fill Supply Gap From Low Hydro
Kenya’s electricity output rose 5.8% in Jan–Sept 2025 to 9,878 GWh as geothermal growth offset weaker hydro. Thermal jumped 36% on low inflows, while wind and solar posted modest gains. September generation increased 5% YoY to 1,098 GWh. Renewables still supplied more than 86% of total output as the grid relied on geothermal and thermal to meet rising demand and new peak-load records.NSE Overhauls Futures Margins and Introduces Sector Index Future Ahead of 2026
NSE will introduce a Banking Sector Index future on 19 December 2025 and reset margins across major contracts. The new product offers a single hedge for bank-sector exposure and settles in cash. Margin changes vary across expiries, while NBSI margins start at KSh 100 and rise to 125. Existing positions will adjust to the new levels.
