Tribunal Rebukes KRA Over Stale Tax Claim Against Landlord
The Tax Appeals Tribunal has delivered a setback to the Kenya Revenue Authority (KRA), cancelling a KSh 67.9 million assessment it issued against a Nairobi landlord
NSE Logs Rare Two-Week Decline, Uchumi and Portland Defy Market Weakness
The NSE posted a second straight weekly decline, one of only three such sequences in 2025. Broad indices weakened and market cap fell 0.82%, but NASI remains up 45.43% YTD. Trading stayed concentrated in Safaricom and large caps, while Uchumi and East African Portland Cement led gains. Foreign investors recorded a KSh 408M net outflow, marking a third week of selling.
Uchumi Extends 19-Day Surge, EA Portland Retreat Hits NSE Friday Session
Uchumi jumped 9.59% to extend a 19-session rally, taking YTD gains to 841%. Portland fell 9.86% for a second day. Turnover hit KSh 753M, led by Kenya Power, Safaricom and Equity. Foreign buys were KSh 142M against KSh 79M in sells.Is Crypto Uniquely Positioned as an Alternative Investment?
Crypto offers accessibility and liquidity rarely seen in traditional alternatives. Investors can buy, sell, and hold crypto assets with minimal friction, often around the clock. Writes Apollo Sande, Country Manager for Luno KenyaRegulator Clears HF Group’s 94.27 Million-Share ESOP, Replacing 2008 Staff Scheme
HF Group received approval from the Capital Markets Authority to issue and list 94.27 million new shares for its employee ownership plan, completing a process endorsed by shareholders at the May 2025 AGM. The approval activates a new ESOP framework that replaces the 2008 scheme and expands the company’s capital base through a KSh 5-per-share issuance. The structure caps ESOP holdings at 5 percent, allows allotment over five years and grants employees pari passu rights with existing shareholders.Kenya, US Sign US$2.5bn Health Deal
Kenya's Outdated Telco Rules Favor Giant Firms- World Bank
CMA Exempts Bamburi Cement Owner from Mandatory Takeover of East African Portland Cement
CMA has approved Kalahari Cement’s exemption from making a mandatory takeover offer in its KES 1.6B plan to buy NSSF’s 27 percent stake in East African Portland Cement. The regulator classifies the deal as a strategic investment. The approval is subject to CAK and Mining Ministry clearance. Kalahari says it will not delist EAPC and will support its operational turnaround.Private Millers Take Over Troubled Sugar Factories
Private operators taking over the four State-owned sugar mills will pay annual rent of up to KSh 45,000 per hectare and concession fees tied to sugar and molasses productionNSE Calls for Stronger Transparency as FiRe Awards Conference Opens
The Nairobi Securities Exchange (NSE) has said that boosting transparency and aligning with international reporting standards will be key to strengthening investor confidencePrivate Sector Hiring Rebounds, Stanbic PMI Hits Five-Year High
Kenya’s private sector recorded its strongest hiring momentum in more than a year in November as firms rushed to expand capacity amid a sharp rebound in demandKenya's Cold Chain Expansion at Stake as COMESA Scrutinises Cold Solutions US$20mn Deal
