Remittances Hit a Record US$ 440M in May, Full Year on Pace to Surpass US$ 5B
Kenyans living and working in diaspora sent home USD 440.08 million in May 2025, the second‑largest monthly inflow ever, narrowly trailing December 2024 (USD 445.39 million). Four of the first five months in 2025 are among [...]
T-Bills Debt Crosses KSh 1 Trillion Again, Securities Top 6 Trillion for the First Time
Kenya's domestic debt market has hit two major milestones, signaling shifting government financing patterns and rising reliance on short-term instruments. On a year-on-year basis, the short-term paper stock rose +58.7% [...]Paul Russo Succeeds John Gachora as Chair of Kenya Bankers Association
Commercial banks have elected Paul Russo, CEO of KCB Group, as the new Chairperson of the Kenya Bankers Association (KBA) during the Association’s Annual General Meeting on Friday afternoon. However, [...]Umeme Shares Sink 25% as Concession Dispute Clouds Investor Sentiment
Umeme Limited, formerly Uganda’s largest electricity distribution company and a cross-listed entity on both the Uganda Securities Exchange (USE) and the Nairobi Securities Exchange (NSE), has seen its stock drop [...]Kenya Cuts Betting Excise Duty to 5% Despite Concerns Over Gambling Surge
On Thursday, Parliament approved an amendment to the Finance Bill 2025 to slash the 15% excise duty on bets to 5%, just months after raising it from 12.5%, a move [...]
Private Sector Lobby Calls For De-escalation As Protests Disrupt Nairobi Businesses
The private sector is calling for the de-escalation of growing public unrest following recent incidents of police brutality that have seen the eruption of clashes between police, protesters, and suspected [...]Finance Bill 2025: Tough New Rules to Curb Illicit Imports and Tax Dodging by Betting Firms
Parliament is seeking to curb the importation of substandard goods by traders and to plug tax losses from foreign betting companies through amendments to the Finance Bill 2025. “We have cases [...]Parliamentary Bill Promises KSh 16.8bn for Marginalised Counties, but Treasury Commits Less
The Equalisation Fund Appropriation Bill, 2025, introduced in Parliament this week for the second reading, seeks approval for the issuance of KSh 16.8 billion to support basic infrastructure in more [...]CBK Raises KSh 71.6B from Oversubscribed Sale of Reopened Bonds
The Central Bank of Kenya (CBK) has raised KSh 71.64 billion in a reopened Treasury bond auction dated June 23, 2025, exceeding its target of KSh 50 billion. In the [...]Safaricom Stock: CFO Speaks On What's Fueling Investor Confidence
Safaricom's stock has recently experienced bullish activity, briefly crossing a market capitalization of one trillion shillings. According to the company's CFO Dilip Pal, the surge in investor confidence is attributed [...]
Competition Authority Raises Concerns Over Parallel Consumer Protection Agency
The Competition Authority of Kenya (CAK), an anti-trust regulator domiciled within the Treasury, has locked horns with the Ministry of Trade over plans to establish a new agency likely to [...]Easing Interest Rates Drive More Farmers to Banks Despite Collateral Barriers
The easing monetary policy in Kenya’s credit market is attracting farmers to banks for facilities to finance their operations, with Central Bank listing land expansion, purchasing of machinery, and leasing [...]
