Zamara Deal Enters EAC Probe as Amethis Seeks Minority Stake
The EAC Competition Authority has opened an inquiry into a proposed acquisition by Amethis Fund III S.C.A. SICAV-RAIF of a 39.5% stake in Zamara Holdings Limited,
PwC Africa Units Risk Global Ban After World Bank Sanctions
Under the Agreement for Mutual Enforcement of Debarment Decisions signed in April 2010, sanctions imposed by one participating multilateral development bank can be enforced by others,Uganda's Parliament Approves New Copyright Law With Harsher Penalties
Uganda’s Parliament has passed sweeping amendments to its copyright law, introducing stricter penalties for infringement, tighter rules on royalty collection and broader protectionWilliamson Tea's CEO Transition Marks 10th Listed C-Suite Shift in a Year
Williamson Tea Kenya and Kapchorua Tea Kenya have announced the retirement of Alan Carmichael as Managing Director and CEO effective 31 March 2026, ending an 18-year tenure and a career spanning five decades in the tea industry. His successor, Angus Nyariki Omete, takes over on 1 April 2026. Omete joined the company as a graduate trainee in November 1999 and has spent his entire 26-year career within the group, rising to Group Chief Financial Officer. The transition is the 10th top-level leadership change at an NSE-listed company in the past 12 months.
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.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 obligationsHoliday-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.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
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.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.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.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.
