Kenya Aims to Regulate Carbon Market Billions, but Land Tussles Threaten Windfall
Kenya has unveiled draft regulations that would place its emerging carbon credit market under the supervision of the Capital Markets Authority (CMA), as part of proposals to transform the country [...]
Starlink's Market in Kenya Falls Below 1% Amid Capacity Challenges
Starlink, the satellite internet provider operated by Elon Musk's SpaceX, saw its market share in Kenya's fixed internet market drop to 0.9% in the first quarter of 2025, down from [...]
Kenya Executes Power Transit Trial from Ethiopia to Tanzania, Testing Regional Grid's Strength
Kenya has completed a successful trial to transmit 50 megawatts of electricity from Ethiopia to Tanzania through its national grid, a key step in the region’s push for integrated power [...]Uchumi Wins KSh26.7 Million in Franchise Dispute as Revival Efforts Drag On
Uchumi Supermarket PLC has emerged victorious in a commercial dispute with Aljazeera City Market, after the High Court awarded it KSh26.7 million in special damages arising from a breached franchise [...]Express Kenya Unveils KSh 13Bn Project Nexus to Transform Nairobi’s Skyline
Listed logistics and warehousing firm Express Kenya PLC has unveiled Project Nexus, a KSh 13 billion multi-phase development meant to reshape part of Nairobi's urban corridor, as it seeks to [...]NSE’s Equity Giants Rebuild Market Power, Topping KSh 2 Trillion
The combined market capitalization of the top 10 listed firms on the Nairobi Securities Exchange (NSE) has surpassed KSh 2 trillion for the first time since September 2022. Company Last [...]Centum Issues Profit Warning as Half-Year Results Reveal Continued Strain
Centum Investment Company Plc has issued a profit warning for the financial year ending March 2025. It expects net earnings to drop by at least 25% from the KSh 2.6 [...]Kenya is Now Africa's Second-Largest Debtor to the IMF
Kenya is the second-largest debtor to the International Monetary Fund (IMF) in Africa, with outstanding credit reaching $3.02 billion as of June 26, 2025. By October 2024, Kenya had unlocked [...]Crypto Startups Warn Virtual Assets Bill Favors Industry Giants, Risks Conflict Of Interest
Some crypto startups are raising red flags over the Virtual Asset Service Providers (VASP) Bill, warning that a Binance-linked lobby group could seize control of a proposed regulatory body, tilting [...]Short-Term Debt Auction Undersubscribed as Investors Pivot to Long-Term Bonds
As the new fiscal year approaches, investor interest in Kenya’s short-term debt appears to be shifting toward longer bonds, as indicated by the results of the latest T-Bills auction. Notably, [...]Equity Bank Loses Bid to Recover KSh 23.4 Million in Moyale Heist Case
The High Court has dismissed a KSh 23.4 million claim filed by Equity Bank against Wells Fargo Ltd, ruling that the security firm was not liable for the theft of [...]Williamson, Kapchorua Profits Down, Hold Dividends and Propose Bonus Issues
Williamson Tea Kenya Plc and its associate Kapchorua Tea Kenya Plc have posted significantly weaker financial results for the year ended 31 March 2025, underscoring mounting pressures in the global [...]
