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    President Ruto Enacts Finance Bill 2025 and Two Others

    President Ruto Enacts Finance Bill 2025 and Two Others

    President William Ruto has officially signed the Finance Bill 2025, with the new law largely keeping to the promise of minimising additional taxes to Kenyans. “When it comes to the incentives to promote telecommunication sector, because [...]
    Fred
    Fred Obura
    9 months ago
    Energy Stocks Light Up NSE as All Indices Hit Multi-Year Highs

    Energy Stocks Light Up NSE as All Indices Hit Multi-Year Highs

    Kenya's energy sector took center stage in the stock markets on Thursday with Kenya Power ($KPLC) and KenGen ($KEGN) share prices climbing to multi-year highs, helping lift broader sentiment across [...]
    Harry
    Harry Njuguna
    9 months ago
    Experts Weigh in on Wealth-Building Blueprint: Diversify, Secure, Grow

    Experts Weigh in on Wealth-Building Blueprint: Diversify, Secure, Grow

    Where and when to invest are the two biggest decisions one can make today, and risk tends to be at the top of it. In an engaging Virtual Office Hours [...]
    Fred
    Fred Obura
    9 months ago
    New Bills Target Corruption, Inefficiency in Public Sector

    New Bills Target Corruption, Inefficiency in Public Sector

    The Cabinet has approved two bills-Government-Owned Enterprises Bill, 2025 and the Public Procurement and Asset Disposal (Amendment) Bill, 2025- seeking to modernize and professionalize public sector operations. “These reforms represent a new chapter [...]
    Fred
    Fred Obura
    9 months ago
    NSE Hits 3-Year High as Investor Confidence Defies Unrest

    NSE Hits 3-Year High as Investor Confidence Defies Unrest

    Against the backdrop of nationwide protests marking the anniversary of last year’s tax unrest, the Nairobi Securities Exchange delivered a standout performance on Tuesday. Foreign investor confidence faltered, with net [...]
    Harry
    Harry Njuguna
    9 months ago
    Equity Group to Become First Kenyan Bank to Set Up UAE Office

    Equity Group to Become First Kenyan Bank to Set Up UAE Office

    Shareholders of Equity Group Holdings Plc, on Wednesday, June 25th, approved a plan to open a Representative Office in the United Arab Emirates (UAE). “The UAE office is a strategic [...]
    Harry
    Harry Njuguna
    9 months ago
    Euro Surpasses KSh 150 on Global Rally; Pound Strengthens, Dollar Steady

    Euro Surpasses KSh 150 on Global Rally; Pound Strengthens, Dollar Steady

    The euro climbed to KSh 150.20 on June 25, 2025—its highest level against the Kenyan shilling in over 15 months—according to data from the Central Bank of Kenya. A Global Currency [...]
    Harry
    Harry Njuguna
    9 months ago
    CBK Kicks Off FY2025/26 Funding With KSh 50bn Reopened Bonds

    CBK Kicks Off FY2025/26 Funding With KSh 50bn Reopened Bonds

    The Central Bank of Kenya (CBK) has reopened two long-term Treasury Bonds—FXD1/2018/020 and FXD1/2018/025—marking its first domestic bond issuance for the next financial year. This issuance comes just a week [...]
    Harry
    Harry Njuguna
    9 months ago
    Google Picks Two Kenyan Startups for AI-Focused Accelerator

    Google Picks Two Kenyan Startups for AI-Focused Accelerator

    Global tech giant Google has selected 15 startups from across Africa for the ninth cohort of its ‘Google for Startups Accelerator: Africa program’, with two Kenyan startups, Apexloads and Shamba [...]
    Brian
    Brian Nzomo
    9 months ago
    TransCentury, East African Cables Shares Suspended; NCBA Share Price Hits Decade-High

    TransCentury, East African Cables Shares Suspended; NCBA Share Price Hits Decade-High

    The Nairobi Securities Exchange (NSE) has indefinitely suspended trading in TransCentury Plc (NSE:TCL) and East African Cables Plc (NSE:CABL) shares, effective June 23, 2025. With receivers now back in control [...]
    Harry
    Harry Njuguna
    9 months ago
    Umeme to Pay Record Dividend as Arbitration Battle Looms

    Umeme to Pay Record Dividend as Arbitration Battle Looms

    Umeme Limited, Uganda’s former electricity distribution monopoly, has set markets alight with the declaration of a record Ushs 222 interim, equivalent to approximately KSh 7.96, for FY2025— the largest in [...]
    Harry
    Harry Njuguna
    9 months ago
    Kenyan Used Car Marketplace Peach Cars Secures US$11 Million Series A Funding

    Kenyan Used Car Marketplace Peach Cars Secures US$11 Million Series A Funding

    Kenyan-based used car marketplace Peach Cars has raised US$11 million in a Series A funding round, as it accelerates efforts to digitize and formalize vehicle transactions across East Africa. “We’re [...]
    Brian
    Brian Nzomo
    9 months ago

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