NSE Slashes Contract Sizes and Lowers Margins to Deepen NEXT Market
The Nairobi Securities Exchange (NSE) has overhauled its derivatives market structure, reducing contract sizes for all single stock futures and recalibrating initial margin requirements. The exchange said the move was [...]
MPs to Consider Interest Cap So Borrowers Don't Pay More Than They Borrow
Members of Parliament (MPs) are reviewing a petition that seeks to limit loan interest so it never exceeds the original principal, citing the steady rise of unscrupulous lenders with unjustly [...]
CMA Licenses Jipay and Sycamore as Intermediary Service Platforms
The Capital Markets Authority (CMA) has licensed Jipay Payment Solutions and Sycamore Capital as Intermediary Service Platform Providers (ISPPs). For real time market updates and analysis, join our WhatsApp Channel. [...]M-Pesa Upticks as Airtel Money Plateaus, Users Hit 47M in June 2025
Kenya’s mobile money market steadied in the fourth quarter ended June 2025, breaking a long trend of shifting shares. Three years ago, in June 2022, M-Pesa commanded 96.8% of the [...]Umeme Shares Crash 71% From July Dividend Peak, USE Listing Holds Flat
Shares of Uganda’s ex-power distributor, Umeme Limited, have plunged 71% on the Nairobi Securities Exchange (NSE), closing at KSh 6.94 on Tuesday, September 23, from a peak of KSh 23.70 [...]SunCulture Secures US$5mn To Expand Access to Solar-Powered Water Pumps
Kenyan climate-tech startup SunCulture has raised US$5 million from WaterEquity, the first investment under the firm’s new Water Climate Resilience Fund. “WaterEquity understands that water investments don’t fall into [...]Court Shields Aluminium Solar Panel Components From Heavy Tariff
The High Court has blocked the tax man from slapping a 25% duty on aluminium parts used in solar installations, a ruling that locks in duty-free treatment for a key [...]Etica Capital's Multi-Asset Fund, Acorn Build-to-Rent REIT, Get CMA Approval
The Capital Markets Authority (CMA) has granted four new licenses to broaden intermediaries in Kenya’s capital markets, coming a day after earlier approvals. CMA also approved Etica Capital Limited to [...]Agriculture, Water Dominate August KSh 13.8Bn Development Spending
The National Treasury disbursed KSh 13.84 billion in development funds by the end of August 2025, representing 3.4% of the KSh 407.1 billion development budget for the financial year 2025/26. [...]French Fund Backs Kenya’s ARC Ride in US$10mn Bet on Electric Bodas
Sustainable investment firm, Mirova, has committed up to US$10 million five-year debt funding to ARC Ride, a Nairobi-based electric mobility startup, marking the French asset manager’s first electric vehicle deal [...]DTB Kenya to Exit Burundi with Sale of 83.67% Stake
Diamond Trust Bank Kenya has announced plans to sell its entire 83.67% shareholding in DTB Burundi to a consortium of primarily Burundian investors, including the bank’s existing minority shareholder. “The [...]Nairobi Tops Counties in Foreign Travel Spending
The Nairobi City County Executive spent KSh 128.4 million on foreign travel in the 2024/25 financial year, the highest among the 47 devolved units, a new report by the Controller of Budget [...]
