Fintrust Joins Bond Market as Dealer, Stanbic Gains Trustee Role
The Capital Markets Authority (CMA) and the Nairobi Securities Exchange (NSE) have issued two key licenses to strengthen market liquidity and governance. The approvals cover Fintrust Securities Limited as an [...]
Judiciary's Digital Systems Hacked, Disrupting Case Filing System
The Judiciary is experiencing ongoing disruptions to its digital systems, including its eFiling and Cause List platforms, following a series of technical issues that began late last week. In a [...]
Co-op Bank SACCO Wins as Kenya Marks Global Cooperatives Year
Co-operative Bank of Kenya’s employer-based savings and credit unit, NWDT Sacco Society, has been ranked the best performing large- and medium-tier non-withdrawable deposit-taking (NDT) SACCO during the country’s 2025 Ushirika [...]Sanlam, ALA, VCG Lead New Wave of Regulated Investment Schemes
The Capital Markets Authority (CMA) has greenlit a series of new collective investment schemes (CIS) and sub-funds, a move poised to deepen Kenya’s capital markets and offer investors a broader [...]Centum Cuts Debt, Holds Dividend Despite 69% Profit Slump
Centum Investment Company Plc reported a sharp decline in earnings for the year ended March 2025, with net profit tumbling 69% to KSh 812.8 million, from KSh 2.6 billion the [...]Kenya Proposes Raising Legal Drinking Age to 21, Banning Digital Sales
The National Authority for the Campaign Against Alcohol and Drug Abuse (NACADA) has proposed raising the legal drinking age from 18 to 21 as part of a broad new national [...]Airtel Kenya Seeks to Ride Subscriber Growth Tailwind With New Campaign
Kenya's mobile subscription market experienced a significant 6.7% surge in the first three months of 2025, following near stagnation in the preceding three quarters. Airtel attributes its subscriber surge, which [...]Kenchic Unveils Branded Butcheries in Residential Areas
Kenchic, a dominant player in Kenya’s poultry market, has launched Kenchic Mtaani' butcheries to formalise the meat distribution sector and expand access. “Our priority has always been the health of [...]Kapchorua Tea Shares Hit All-Time High Despite 55% Profit Drop
Kapchorua Tea Kenya Plc surged to an all-time intraday high of KSh 332 on July 11, 2025, before closing at KSh 321.50, marking a 6.46% gain for the day. Management [...]Linzi FinCo Lists KSh 44.79B Infrastructure-Backed Bond to Fund Talanta Sports City
Linzi FinCo 003 Trust, a subsidiary of the Pan-African Liaison Group, has listed a KSh 44.79 billion Infrastructure Asset-Backed Security (IABS) on the Nairobi Securities Exchange (NSE). GCR Ratings assigned [...]Safaricom’s Traditional Revenue Streams Dwindle as M-PESA, Data Take Podium
Over the past decade, telco giant Safaricom has undergone a shift in its revenue model, transitioning from a voice-centric telco to a data and mobile money-driven tech company. Messaging services, [...]KRA Misses Corporate Tax Target, Domestic Excise Under Pressure
The Kenya Revenue Authority (KRA) has reported a 9.9% growth in Corporation Tax collections in the Financial Year 2024/2025, an increase from the 4.9% growth recorded in the previous year. The performance was [...]
