Kenya's Airport Workers End Strike on Second Day
A labour strike at the Jomo Kenyatta International Airport (JKIA) ended on its second day, after forcing airlines to adjust schedules, and disrupting flights in and out of East Africa’s busiest air hub
Kenyan Law Students Advance to Global Moot Court Finals
Kenyan law students will advance to the global stage of the Philip C. Jessup International Law Moot Court Competition after emerging among the top performers in national roundsCrested Uganda Pegs Kenya Pipeline's IPO Fair Value at KSh 4.61 Ahead of Offer Close
Uganda's Crested has valued the Kenya Pipeline Company IPO at KSh 4.61 per share, warning of a 49% downside to the KSh 9.00 offer price as the subscription period nears close. The valuation aligns with Old Mutual Uganda’s earlier call and is based on a blended DCF and peer-multiple analysis, factoring in KPC’s heavy capex plan and modest 3.9% dividend yield at the offer price.
Ecobank Taps Former Family Bank CEO Rebecca Mbithi as Kenya MD
Ecobank Kenya has appointed Rebecca Mbithi, who served as Family Bank CEO from 2019 until December 2023, as Managing Director.
Sasini Shares Jump 59% on KSh 7.9bn Land Sale
Sasini shares have surged about 59% in six trading sessions, closing at KSh 32.00 on Friday, February 13, from KSh 20.10 on February 5, after its FY2025 annual report disclosed an agreed KSh 7.9 billion sale of the Gulmarg Division in Mweiga Estates, Kiambu CountyMorocco Overtakes Kenya as Africa’s Leading Avocado Exporter
Morocco has overtaken Kenya as Africa’s leading avocado exporter, with shipments soaring while Nairobi's exports stumbled amid logistical bottlenecksPresident Ruto Reappoints CMA Chair Ugass Mohamed
Capital Markets Authority leadership has been renewed after President William Ruto and Treasury CS John Mbadi reappointed the chairperson and five board members for fresh three-year terms effective February 24, 2026. Ugass Mohamed retains the non-executive chair role, alongside Natasha Aduwo, Elena Pellegrini, Meshack Kiprono, Gibson Maina, and Prof. Michael Bowen, extending board continuity as the CMA steps up licensing and market development activity.KRA Pursues KSh 23.1bn Tax Claim on Tullow Oil Exit
The Kenya Revenue Authority (KRA) is seeking KSh23.1 billion in taxes from Tullow Oil following the company’s US$120 million sale of its Kenyan business.Spiro, ARC Ride Draw Global Capital to Kenya’s EV Shift
Kenya's Seven Months Tax Revenues Up 7.4% to KSh 1.34 Trillion
Kenya’s tax revenues rose 7.4% year on year to KSh 1.34 trillion by January 2026, equal to 51% of the FY25/26 Treasury target and below historical seasonal norms. January collections increased 3.0% year on year to KSh 183.1 billion but fell 27.2% from December due to post-holiday seasonality. The shortfall has been offset by heavier domestic borrowing, which reached KSh 732.6 billion by end-January, while external financing remained constrained.Kenya Remittances Fall in January After 2025 Highs
Kenya’s diaspora remittances eased at the start of 2026, falling 3.8 percent year on year to KSh 53.1 billion (US$ 411.3 million) in January and declining 5.5 percent from December after a strong fourth quarter. Despite the dip, inflows over the last 12 months rose 1.2 percent to KSh 648.0 billion (US$ 5.02 billion). In 2025, remittances hit a record KSh 649.7 billion and covered about 40 percent of the country’s goods trade deficit, underscoring their role as a key source of foreign exchange and external stability.Finance Committee Retreats to Draft Report on Safaricom Stake Sale
Public hearings on the government's proposal to offload 15% of its stake in Safaricom have closed amid mounting public concern over how the proceeds would be used
