Kenya Power's Private Power Purchase Deals Steeply Outprice State Supplier
Electricity users are bearing the cost of overpriced power contracts after the national utility, Kenya Power, spent KSh 73.7 billion purchasing electricity from Independent Power Producers (IPPs) that delivered significantly [...]
Kenya Pipeline IPO Set for September, President Ruto Says
President William Rutohasannouncedthe impendingInitial Public Offering (IPO) of the Kenya Pipeline Company (KPC) in September 2025, which will kickstart a long-awaited privatization program. There is compelling evidence that privatisation is [...]Kenya Dominates Africa’s Digital Agricultural Payments
Kenya leads Africa in digital agricultural payments, outpacing regional peers and global averages, according to new data from the Global Findex Database. Sub-Saharan Africa performs better, with 30% of adults [...]
CBK Targets KSh 90 Bn in First FY2025/26 Infrastructure Bond Reopening
Kenya’s domestic debt market is gathering fresh momentum as the Central Bank of Kenya (CBK) launches the first infrastructure bond (IFB) auction for the 2025/26 fiscal year. Bond IFB1/2018/015 IFB1/2022/019 [...]DTB Slashes Lending Rate for Fifth Time in 2025
Diamond Trust Bank (DTB) Kenya has cut its base lending rate by 20 basis points, effective July 1, 2025, reducing the rate from 14.41% to 14.21% for all Kenya shilling-denominated [...]Govt Embeds Insurance in Subsidized Fertilizer Program, Targets 250,000 Farmers
The government is piloting a project that integrates climate-smart insurance into the subsidized fertilizer program, aiming to support 250,000 smallholder crop farmers across eleven counties before a nationwide rollout in 2026. Agricultural insurance is a step [...]Nairobi, Mombasa, and Kiambu Miss Out on KSh 11.2 Billion Climate Resilience Grants
The National Treasury has allocated KSh 11.2 billion in climate resilience grants to 44 county governments for the 2024/25 financial year, in the newly enacted County Governments Additional Allocations Act, [...]Equity Bank HR Boss Loses Ksh 950k Job Over Background Check Dispute
Aformer General Manager atEquity Bank has failed in his attempt to reclaim his position, where he earned a monthly salary of nearlyKsh1 million, after the court sided with the bank [...]NSE Bonds Turnover Hits Record KSh 1.55 Trillion in Seven Months
The Nairobi Securities Exchange (NSE) secondary bond market has set a new benchmark in 2025, with turnover reaching KSh 1.552 trillion as of 21st July—surpassing the previous full-year record of [...]African Tech Firm Aura Eyes US Market with Ksh2Bn Series B Funding
Aura, an African life saving technology platform with operations in Kenya and South Africa, is expanding its services to the US market citing opportunities in the security sector and advancement of technology [...]From Meth Labs to Opioid Risks, Kenya Becomes a Drug Trafficking Powerhouse
Kenya has become a major player in the continent’s illicit drug trafficking economy, with industrial-scale methamphetamine production, widespread cannabis cultivation, and an emerging threat of synthetic opioids, even as cocaine [...]IRA Deregisters 20 Insurance Brokers Over Compliance Breaches
Kenya’s insurance regulator has cancelled the licences of 20 insurance brokerage firms, citing persistent compliance failures and inactivity, in one of the most significant regulatory crackdowns on intermediaries in recent [...]
