Longhorn Publishers CEO Maxwell Wahome Steps Down
Listed publishing firm Longhorn Publishers Plc has announced that its Chief Executive Officer, Maxwell Wahome, will step down at the end of September 2025 after nine years at the company, [...]
NSE Investor Wealth Jumps by 1 Trillion Under Mwiti’s Watch
The Nairobi Securities Exchange (NSE) closed the week on a strong note, extending a rally that has reshaped market sentiment and lifted investor wealth by KSh1 trillion since Frank Mwiti [...]SP Upgrades Kenya to ‘B’ as FX Reserves Hit Record
SP Global Ratings has upgraded Kenya’s long-term sovereign credit rating to ‘B’ from ‘B-’, citing reduced near-term external liquidity risks, stronger foreign exchange reserves, and resilient economic growth. The outlook [...]
Kenya Trains First Cohort of Virtual Production Specialists to Power Creative Economy
A dozen young Kenyans have completed an intensive 12-week training in virtual production, marking a step in the country’s efforts to expand its creative and digital economy. “The integration of [...]
Prime Bank Posts 22% Profit Growth in H1, Ranks 10th by Market Share
Prime Bank Group, Kenya’s biggest Tier II bank and tenth largest overall by market share, has posted a 22.4% rise in net profits o KSh 2.68 billion, driven by higher [...]Kenya’s Bribe Economy, Where Your Money Talks Loudest
The National Ethics and Corruption Survey (NECS) 2024 has revealed that bribery remains a significant factor in accessing public services in Kenya, despite a notable drop in the average bribe [...]Sanlam Kenya Half-Year Profits Drop 90%, Cuts Debt by 72%
Sanlam Kenya Plc posted a sharp drop in earnings for the first half of 2025, even as the insurer completed a major recapitalization and debt repayment drive that has reshaped [...]Kenya Sees Foreign Investment Uptick as Investors Balance Optimism with Hurdles
Foreign investors in Kenya have raised concerns over high electricity costs, regulatory bottlenecks, tax administration, and corruption, describing them as the most pressing hurdles to doing business in the country. The [...]Ruto Backs African Credit Rating Agency at TICAD 9
President William Ruto has reiterated his support for the African Credit Rating Agency (AfCRA) to correct what he described as structural inequities in the global financial system that unfairly penalise [...]Kenya Mortgage Refinance Company's H1 Profits Slip by 2.7%, Loans Drive Asset Growth
Kenya Mortgage Refinance Company (KMRC) profit after tax fell 2.7% to KSh 544.3 million in the first half of 2025, down from KSh 559.4 million for the same period in [...]Safaricom Bets on Time-Based Internet Bundles With New B-Live Service
Safaricom PLC has launched B-Live, a new internet offering that charges customers based on time rather than the amount of data consumed, a potential shift in how mobile users manage [...]CBK Mops Up KSh 180Bn in Tap Sale After Record Infrastructure Bond Reopening
The Central Bank of Kenya (CBK) has accepted KSh 179.77 billion in a tap sale of two infrastructure bonds, far exceeding its initial KSh 50 billion target. Both the reopening [...]
