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    Express Kenya Posts 12th Straight Loss-Making Year

    Express Kenya Posts 12th Straight Loss-Making Year

    Express Kenya has recorded its 12th consecutive annual loss, with revenue falling 19% to KSh 21.27 Mn in 2025 as strip mall construction curtailed rental income. Finance costs of KSh 51.57 Mn more than doubled total revenue. A KSh 300 Mn land sale agreed in June 2025 completed in Q1 2026 and will be recognised in FY2026 results.
    Harry
    Harry Njuguna
    8 days ago
    Inside Kenya's Modest Manufacturing Gains in 2025

    Inside Kenya's Modest Manufacturing Gains in 2025

    Kenya’s manufacturing sector expanded modestly in 2025 but the growth was uneven, with industrial and construction-linked production driving gains while agro-processing weakened
    Brian
    Brian Nzomo
    8 days ago
    Kenya’s Refugee Population Hits 835,793 as Eritrean Arrivals Double

    Kenya’s Refugee Population Hits 835,793 as Eritrean Arrivals Double

    The surge has intensified pressure on Kenya’s refugee infrastructure, including camps such as Dadaab and Kakuma, while accelerating the shift toward urban settlement.
    Fred
    Fred Obura
    8 days ago
    Cloud9 Acquires Digital Ticketing Platform M-Tickets

    Cloud9 Acquires Digital Ticketing Platform M-Tickets

    By embedding financial services within ticketing services, Cloud9 and Mtickets said they "aim to remove friction from the entire event journey."
    Staff
    Staff Reporter
    8 days ago
    Nedbank's KSh 105 per Share Offer for NCBA Opens 28 May

    Nedbank's KSh 105 per Share Offer for NCBA Opens 28 May

    Nedbank's partial tender offer for approximately 66% of NCBA Group PLC opens 28 May 2026 and closes 10 July 2026 at 5:00 PM EAT. Shareholders may tender at KSh 105 per share. NCBA's Board has recommended the offer. Results are expected by 21 July 2026.
    Harry
    Harry Njuguna
    8 days ago
    Kenya Has What it Takes to Lead Africa’s Semiconductor Breakthrough

    Kenya Has What it Takes to Lead Africa’s Semiconductor Breakthrough

    While Africa may not compete with global leaders in advanced chip fabrication in the short term, it is well-positioned to enter key segments of the value chain, including circuit design, assembly, and testing.
    Ossama
    Ossama El-Khattib
    8 days ago
    NSE Adds KSh 174Bn in April Recovery, T-Bill and Oil Prices Signal Fresh Pressure

    NSE Adds KSh 174Bn in April Recovery, T-Bill and Oil Prices Signal Fresh Pressure

    The NSE closed April up 5.40%, recovering KSh 174.56Bn of March's KSh 179.31Bn loss. But the month ended on a deteriorating note: inflation surged to 5.6% from 4.4% as the April fuel price hike hit, Murban crude crossed $100 again, and T-bill rates jumped sharply (91-day to 8.04%, 182-day to 8.21%). Foreign investors sold KSh 1.67Bn net. CBK reserves fell for an eighth week to USD 13,226M. Breadth improved to 37 gainers from March's 7.
    Harry
    Harry Njuguna
    8 days ago
    Inside Kenya's KSh 17.58 Trillion Economy

    Inside Kenya's KSh 17.58 Trillion Economy

    Kenya's economy reached KSh 17.58 trillion in 2025, with real GDP growing 4.6%. Agriculture leads at 23.2% of GDP, followed by transport at 11.8% and financial services at 8.3%. Accommodation posted the fastest growth at 15.6% while manufacturing grew just 2.0%.
    Harry
    Harry Njuguna
    9 days ago
    Was Sebastian Sawe’s London Marathon Feat a Product of Technology?

    Was Sebastian Sawe’s London Marathon Feat a Product of Technology?

    When Sebastian Sawe broke the two-hour barrier at the London marathon, it triggered questions of how much technology and science had contributed to the feat.
    Maxwell
    Maxwell Muttai
    10 days ago
    Why Fleet Owners Are Turning to Smart Monitoring Systems

    Why Fleet Owners Are Turning to Smart Monitoring Systems

    Terry
    Terry Gathoni
    10 days ago
    KRA Moves to Force All Landlords onto Tax Register as KSh 83Bn Revenue Gap Persists

    KRA Moves to Force All Landlords onto Tax Register as KSh 83Bn Revenue Gap Persists

    2026 draft rental tax rules propose mandatory eRITS registration for landlords earning KSh 288,000 to KSh 15 million annually, taxed at 7.5% on gross income. KRA collects KSh 17 billion against a KSh 100 billion potential. Public comments close May 25, 2026.
    Harry
    Harry Njuguna
    10 days ago
    Home Afrika Posts Second Straight Profit But Balance Sheet Stress Lingers

    Home Afrika Posts Second Straight Profit But Balance Sheet Stress Lingers

    NSE-listed Home Afrika delivered a KSh 117.89 million profit in FY2025 as cost cuts and golf course income offset a 34.9% revenue drop. Margins expanded across all measures but the KSh 680.95 million private placement bond remains unresolved and total equity stays deeply negative.
    Harry
    Harry Njuguna
    11 days ago

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