Stanbic Bank and Knight Frank Kenya Draw Insights from Kenya's Wealthiest Individuals
Kenyan High Net Worth Individuals (HNWIs) are showing strong interest in passion investments, with 72% expressing a desire to acquire art, 50% interested in classic cars and 44% keen on jewellery and high-end [...]
KETRACO Board Sacks Dr. John Mativo, Appoints Eng. Kibias as Acting MD/CEO
The Kenya Electricity Transmission Company Limited (KETRACO) has dismissed its Managing Director and Chief Executive Officer, Dr. Eng. John Muoki Mativo, and appointed Eng. Kipkemoi Kibias as Acting MD/CEO effective [...]
Coffee Lab Nairobi, a Kenyan Coffee Roaster, Wins Prestigious Global Award in Paris
Coffee Lab Nairobi, a Kenyan coffee roastery, has won the prestigious The Agency for Valorisation of Agricultural Products Contest (AVPA) “Coffees Roasted at Origin” competition in Paris. For Coffee Lab, [...]
LafargeHolcim Winds Up Kenyan Unit After Bamburi Cement Sale
LafargeHolcim East Africa Limited has entered members’ voluntary liquidation, formally ending the Swiss cement giant’s presence in Kenya after nearly six decades of operations. For real time market updates and [...]Kenya's Tea Output Slumps 12% as Dry Weather Bites
Kenya’s tea production fell sharply in the first half of 2025, dropping 12.39% to 283.25 million kilograms from 323.30 million kilograms in the same period in 2024, according to the [...]Homa Bay, Kitui, Nakuru Counties Own Highest Number Of Bank Accounts
County governments were running 5,476 bank accounts June 30, according to the Controller of Budget, despite rules requiring most funds to be kept at the Central Bank, exposing billions of [...]
NSE Increases Margin Levels for Derivatives Contracts
The Nairobi Securities Exchange (NSE) has increased initial margin requirements across multiple single stock and index futures, effective 19 September 2025, in a move aimed at strengthening risk management within [...]Kenyan Startups Lead in East Africa as VC Funding Rebounds
Nairobi and Johannesburg are pulling ahead in Africa’s venture capital race, with Kenyan solar startups and South Africa’s fintechs attracting the bulk of fresh capital this year. “Looking at the [...]Counties' Own Revenue Rises by 63% to KSh 67.3Bn
County governments raised KSh 67.30 billion from own-source revenue (OSR) in the 2024/25 financial year, a 62.65 jump from KSh 41.40 billion in the previous year. For real time market [...]Kenyan Company to Acquire Aga Khan 54% Stake in Nation Media Group
The Capital Markets Authority has exempted NPRT Holdings Africa Limited from making a mandatory takeover offer to minority shareholders of Nation Media Group Plc (NMG), clearing a key hurdle in [...]New SGR Link Set to Decongest Mombasa
Kenya’s rail transport got a lift after President William Ruto unveiled the Mombasa Commuter Rail Service, a city–SGR link expected to ease congestion and boost trade. “Efficient, safe, and sustainable [...]KCB, Afreximbank Commit KSh 103bn to Kickstart Vipingo SEZ
Kenya Commercial Bank (KCB) Group and the African Export-Import Bank have agreed to provide a combined $800 million (KSh 103.4 billion) in financing to operationalize the Vipingo Special Economic Zone [...]
