Kenya Raises Alarm Over Ozempic Abuse As Drugmaker Faces Piling Lawsuits Abroad
Kenya's Pharmacy and Poisons Board (PPB) has issued a sharp warning over the rising misuse of Ozempic, a diabetes medication increasingly sought after for weight loss. “In light of the [...]
Kakuzi Net Profit Falls 15% on Avocado and Tea Pressure
Listed agricultural firm Kakuzi Plc has posted mixed half-year results for the period ended June 30, 2025, with revenue growing sharply but profitability falling on weaker avocado valuations and lower [...]
Many Kenyans Optimistic on Income Growth but Lean on Credit, Savings to Cope
Most Kenyans expect household incomes to rise over the next year, with 84% optimistic about earnings, but financial pressure lingers as 62% anticipate missing at least one loan or bill [...]CBK Launches KSh 50Bn Tap Sale After Rejecting KSh 228Bn on Reopened Tax-Free IFBs
The Central Bank of Kenya (CBK) has announced a KSh 50 billion tap sale of two infrastructure bonds after last week’s record oversubscription showed strong investor appetite for tax-free government [...]CBK Redeems KSh 94.6Bn 2-Year High-Cost Bond
The Central Bank of Kenya (CBK) has redeemed one of the year’s largest bond maturities, settling KSh 94.6 billion tied to the two-year FXD1/2023/002 issue. Breakdown of FXD1/2023/002 Tranches Issue [...]Kenya’s Hospitality Growth Slows in 2025, But Sector Still Attractive
Kenya’s hospitality sector recorded 4.1% growth in the first quarter of 2025, a sharp slowdown from the 38.1% surge in the same period last year, in what industry analysts say is a [...]Kenya Seeks to Re-Evaluate Its Magical Kenya' Brand As Regional Competition Heats Up
Kenya has appointed a 23-member taskforce to overhaul the “Magical Kenya” brand and position the tourism sector for growth and record revenues. The panel also includes Monali Shah, a marketing [...]Liberty Kenya H1 Profit Falls 30% to KSh 428Mn as Claims Surge
Liberty Kenya Holdings Plc has reported a sharp decline in profit for the first half of 2025 as underwriting losses from higher motor and medical claims weighed on the listed [...]Kenya Courts California Investors, Set to Host UC Davis-Backed Transport Research Hub
Kenya is set to host a new Africa Center of Excellence in Sustainable Transport, headquartered in Nairobi and supported by the University of California, Davis. Kenya is using the partnership [...]IM Group Profit Rises 36% in H1 2025 on Interest Income Growth
Listed lender IM Group PLC has reported a 36% rise in profit after tax to KSh 8.31 billion in the first half of 2025, supported by growing net interest income, [...]Inside Absa’s KSh 47Bn Green Finance Push
Absa Bank Kenya is accelerating its shift from sustainability compliance to a core business strategy, backed by measurable targets and sector-specific investments. Its 2024 Sustainability and Climate Report reveals that [...]
Kenyans Double Down on Money Market Funds, Unit Trusts
Kenya’s Collective Investment Schemes (CIS) reached a new milestone in Q2 2025, with total Assets Under Management (AUM) rising to KSh 596.3 billion, a 20.2% increase from KSh 496.2 billion [...]
