Kenya Prepares for Historic Global Online Coffee Auction
Kenya’s coffee auction volumes plunged sharply even as prices rose, new data from the Kenya National Bureau of Statistics (KNBS) shows, setting the stage for a radical overhaul of how the [...]
BBS Mall Developer to Build KSh 65Bn Mixed-Use Project at Tatu City
Business Bay Square developer Abdiweli Hassan, is expanding his footprint beyond Eastleigh with a KSh 65 billion project inside Tatu City, a move set to accelerate the growth of Kenya’s [...]
Kenya Buys Back KSh 81.2 Billion of 2028 Eurobond After Successful Dual Issuance
Kenya has announced the results of its tender offer for the US$1 billion (KSh 129.2 billion) Eurobond maturing in 2028, confirming it has accepted tenders worth US$628.44 million (KSh 81.2 [...]Kenya Returns to International Markets with US$1.5 Billion Eurobond
Kenya has successfully raised US$ 1.5 billion through a dual-tranche Eurobond issuance, its second major liability management operation in under two years. The transaction is designed to proactively manage its [...]GMO Crop Rollout Delays is Costing Kenya, Study Warns
Kenyan farmers are losing billions of shillings every year due to delays in adopting genetically modified (GMO) crops that promise higher yields, lower pesticide use, and stronger resilience to pests [...]Currency Stability Lowers Kenya’s Debt Stock by KSh 41bn
Kenya’s total public debt stood at KSh 11.77 trillion at the end of July 2025, equivalent to 66.9% of GDP, according to the National Treasury’s latest Monthly Debt Bulletin. The [...]Kenya Pipeline Company Set for IPO by March 2026
Kenya’s Privatization Commission has announced the approval of the Kenya Pipeline Company Limited’s privatization through an Initial Public Offering on the Nairobi Securities Exchange, following endorsement by the Cabinet and [...]GenAfrica-Backed Batian Fund Cleared to Buy Riverside Towers in Nairobi
The Competition Authority of Kenya has approved GenAfrica-backed Batian Property Fund’s full acquisition of Riverside Towers Limited, the company that owns and manages The Cube commercial property in Westlands, Nairobi. [...]Retail Bond System to Run on Dhow CDS, Not a New Platform
The Central Bank of Kenya says its planned retail bond system will plug into the Dhow Central Depository System, easing fears of a parallel infrastructure that could have fragmented Kenya’s [...]KRA Monthly Customs Revenue Surges to KSh 85 Bn
Kenya Revenue Authority (KRA) has collected a record KSh 85.1 billion ($540 million) in customs taxes in September driven by strong trade and petroleum imports. The agency said the performance reinforces its [...]Car General Share Price Soars after 920% Profit Surge, First Dividend
Car General (Kenya) Plc shares rose to KSh 55, their highest level since April 2022, after the motor-dealer declared its first-ever interim dividend and posted a 920% surge in [...]KCB Group Now Employs 12,090 People, Tightens Promotions
KCB Group PLC’s workforce grew 16% to 12,090 employees in 2024, while internal promotions fell 17% amid restructuring and stricter performance targets, the bank said in its sustainability report. Total staff rose [...]
