Kenya Moves to Commercialise Genetically Modified Cassava
The National Environment Management Authority (NEMA) has invited public comments on a proposal by the Kenya Agricultural and Livestock Research Organization (KALRO) to commercialise genetically modified (GM) cassava across 18 counties. According to [...]
Credit to Farmers Slumps Despite Lower Overall Lending Rates
Kenya’s agricultural sector is showing fresh signs of strain as access to farm credit tightens and production costs remain high, even as the broader economy grapples with global policy shifts [...]Kenya Upgrades Cybercrime Law to Hand Gov’t Sweeping Powers to Block Websites
New amendments to cybercrime laws have given the government broad authority to block websites and online applications it deems harmful, deepening worries about the state’s crackdown over the freedom of [...]October Treasury Bonds Attract KSh 118.9Bn in Bids
The National Treasury has made significant progress in its fiscal year 2025/26 domestic borrowing plan, with the latest bond auction raising KSh 85.3 billion. By October 9, the domestic debt [...]
Tata Chemicals Magadi Seeks New Soda Ash Mining Licences
Tata Chemicals Magadi Limited is seeking new mining rights over 127 square kilometres in Kajiado County, a move that could extend the life of its trona operations and support its [...]Setback for City Transport Plan as Globe Roundabout Terminal Faces Delay
The government has dropped plans to compulsorily acquire several parcels of land around Nairobi’s Globe Roundabout that had been earmarked for the construction of a public transport terminal. The Globe [...]CBK Strips PayU Kenya of Payment Licence
PayU Kenya Limited has been stripped of its operating licence by the Central Bank of Kenya, days after the company entered liquidation, drawing a close to the Prosus-owned payment firm’s [...]Fincra Bets on New Payment Rails to Break Africa’s Cross-Border Bottleneck
Despite the rhetoric that Africa has a booming digital economy, moving money across the continent is still harder than shipping a container to Europe. Cash transfers from Lagos to Accra, [...]Kenya’s Foreign Reserves Hit Record US$ 12Bn After Eurobond
Kenya’s usable foreign-exchange reserves have risen to an all-time record of USD 12.07 billion (KSh 1.56 trillion), the highest level ever recorded since weekly disclosures began. Eurobond Proceeds Drive the [...]Kenya Power Shares Slide 20% After FY2025 Results
Kenya Power shares have retreated sharply after a record rally, closing October 15 at KSh 12.15, a 19.8 % dip since the release of FY2025 results on October 7. The [...]Global Index Provider FTSE Russell Upgrades Nairobi Securities Exchange
The Nairobi Securities Exchange has secured a landmark upgrade from FTSE Russell, earning a “Pass” rating on the Efficient Trading Mechanism criterion—a move that affirms Kenya’s capital-market reforms and strengthens [...]Merger Buzz Rallies NCBA to KSh 124Bn Valuation
NCBA Group Plc shares rallied to a record high after Bloomberg reported that Standard Bank Group’s Kenyan unit, Stanbic Holdings Plc, is in talks to acquire the lender. The lender’s [...]
