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    M-Pesa to Reduce Personal Information Shared During "Send Money' Transactions

    M-Pesa to Reduce Personal Information Shared During "Send Money' Transactions

    Safaricom will roll out enhanced data minimization on M-Pesa from 24 March 2026, reducing visible customer names and masking phone numbers in Send Money transactions while retaining essential transaction details.
    Chelsy
    Chelsy Maina
    4 days ago
    M-Pesa Expands Into Tax Payments in Ethiopia With Amhara Deal

    M-Pesa Expands Into Tax Payments in Ethiopia With Amhara Deal

    M-Pesa is moving deeper into Ethiopia’s public-sector payments system after signing an agreement that will allow taxpayers in the Amhara region to settle tax obligations
    Brian
    Brian Nzomo
    4 days ago
    Holiday-Shortened Week Sees All NSE Indices Decline, Turnover Falls 67%

    Holiday-Shortened Week Sees All NSE Indices Decline, Turnover Falls 67%

    The Nairobi Securities Exchange edged lower in Week 12 of 2026 during a shortened trading week, with market capitalisation declining 0.89% to KSh 3.47 Trillion.
    Harry
    Harry Njuguna
    4 days ago
    Kenya’s Options for Escape from 'Eurobondage'

    Kenya’s Options for Escape from 'Eurobondage'

    Kenya needs to explore the issuance of social-linked bonds to ensure greater accountability over domestic and foreign commercial borrowing. Writes Cuba Houghton
    Cuba
    Cuba Houghton
    6 days ago
    Posta Swings to Profit on KSh 1.54Bn Backdated Huduma Kenya Rent

    Posta Swings to Profit on KSh 1.54Bn Backdated Huduma Kenya Rent

    Postal Corporation of Kenya reported a net surplus of KSh 488.7 Mn for FY2024/25, reversing a KSh 1.09 Bn prior-year loss. The result was driven by KSh 1.54 Bn in extraordinary backdated Huduma Kenya rent covering 2013 to 2025, none of which has been collected in cash. Excluding this, the operating deficit was KSh 1.05 Bn. The Auditor-General issued a qualified opinion citing going concern risk, KSh 6.88 Bn negative working capital, and KSh 4.59 Bn in unremitted payroll deductions.
    Harry
    Harry Njuguna
    6 days ago
    Chicken Inn Owner Posts 76% Interim Profit Surge, Kenya Volumes Rise 12%

    Chicken Inn Owner Posts 76% Interim Profit Surge, Kenya Volumes Rise 12%

    Simbisa Brands Limited reported 8% US dollar revenue growth in Kenya for the half year ended 31 December 2025, driven by a 12% increase in customer volumes. Delivery orders surged 60% year on year. At the group level, revenue rose 16.1% to USD 182.75 Mn (KSh 23.67 Bn) with profit before tax climbing 76.3% to USD 20.45 Mn (KSh 2.65 Bn). Operating margins expanded to 17.4% on cost discipline and supplier engagement. The board declared an interim dividend of 0.934 US cents per share, up 50.6%, payable 20 March 2026.
    Harry
    Harry Njuguna
    6 days ago
    James Mworia's Centum: All Deals, Exits and Write-Offs

    James Mworia's Centum: All Deals, Exits and Write-Offs

    From filing clerk to Kenya's youngest CEO of a listed company, James Mworia has led Centum Investment since December 2008. This record covers every acquisition, exit, capital raise, impairment and write-off across his 17-year tenure: the 19.5 billion shilling Coca-Cola beverages exit, the UAP Holdings sale to Old Mutual, the 2.097 billion shilling Amu Power write-off, and the Sidian Bank exit concluded 12 March 2026. Portfolio carrying value as at 31 March 2025 stood at 50.577 billion shillings against an inherited base of approximately 6 billion shillings.
    Harry
    Harry Njuguna
    6 days ago
    Lamu Port Sees Increased Activity As Global Shipping Diversions Continue

    Lamu Port Sees Increased Activity As Global Shipping Diversions Continue

    Lamu Port is recording increased activity following the arrival of a second vehicle carrier operated by Grimaldi Group, bringing total units handled to over 4,200. The surge, partly driven by diverted shipments from Jebel Ali Port, signals growing confidence in the port’s capacity and its emerging role in regional trade, according to the Kenya Ports Authority.
    Chelsy
    Chelsy Maina
    7 days ago
    When Product Safety Fails Consumers, Markets Fail- CAK Director-General

    When Product Safety Fails Consumers, Markets Fail- CAK Director-General

    Safe products create confident consumers and confident consumers drive thriving economies. It is time for businesses, regulators, and consumers to unite under this principle.
    David
    David K. Kemei
    7 days ago
    Over 50% Of Kenya’s Ride-Hailing Drivers Now Rely on It as Primary Source of Income - Bolt/IPSOS Study

    Over 50% Of Kenya’s Ride-Hailing Drivers Now Rely on It as Primary Source of Income - Bolt/IPSOS Study

    A study by ride-hailing app Bolt, in collaboration with Ipsos, shows that 53% of ride-hailing drivers in Kenya now rely on the platforms as their main source of income.
    Brian
    Brian Nzomo
    7 days ago
    I&M Bank and Sida’s USD 30 Million Partnership Set to Expand Green Lending in Kenya

    I&M Bank and Sida’s USD 30 Million Partnership Set to Expand Green Lending in Kenya

    The partnership, formalized at a signing ceremony in Nairobi, centres on a USD 15 million guarantee from Sida, with a coverage of eight years and a 50 percent risk-sharing structure.
    Brand
    Brand Partnerships
    8 days ago
    Counties' Health Facility Cash Lifeline Raises Red Flags for Kenya’s Fiscal Planning

    Counties' Health Facility Cash Lifeline Raises Red Flags for Kenya’s Fiscal Planning

    Kenya’s devolved governments are increasingly relying on facility-generated health revenues to plug widening budget gaps, raising concerns among policy makers
    Fred
    Fred Obura
    8 days ago

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