BAT Kenya Doubles Dividends on Flat Revenue, Flags Impact of Counterfeits
British American Tobacco Kenya (BAT Kenya) has reported its half-year results for the period ended 30 June 2025, highlighting a sharp divergence between shrinking sales, rising profits, and an unprecedented [...]
Kenya to Raise Minimum Capital for Betting Firms from KSh 250k to KSh 100mn
Kenya is preparing to impose a KSh 100 million capital requirement on online betting operators after the Senate approved the final version of the Gambling Control Bill, marking the end [...]
SKL Debuts on Nairobi Bourse at KSh 5.90, Eyes Expansion in Packaging Sector
Shri Krishana Overseas (SKL) has officially listed on the Nairobi Securities Exchange (NSE) under the ticker $SKL, with its shares debuting at KSh 5.90 per share. Listing on the NSE's SME Market [...]Safaricom Surpasses 50 Million Customers Ahead of Silver Jubilee
Safaricom PLC has surpassed 50 million customers on its Kenyan mobile network, affirming its position as East Africa’s largest telecommunications provider. The company pioneered M-PESA in 2007, which is now [...]Rivatex Teeters as Sales System Collapses, Losses Deepen Ahead of AGOA Expiry
Rivatex East Africa Ltd, a state-owned textile manufacturer once hailed as a cornerstone of Kenya’s industrial revival, is facing mounting financial strain amid serious revenue integrity concerns and rising losses, [...]Kenya Power's Private Power Purchase Deals Steeply Outprice State Supplier
Electricity users are bearing the cost of overpriced power contracts after the national utility, Kenya Power, spent KSh 73.7 billion purchasing electricity from Independent Power Producers (IPPs) that delivered significantly [...]Kenya Pipeline IPO Set for September, President Ruto Says
President William Rutohasannouncedthe impendingInitial Public Offering (IPO) of the Kenya Pipeline Company (KPC) in September 2025, which will kickstart a long-awaited privatization program. There is compelling evidence that privatisation is [...]Kenya Dominates Africa’s Digital Agricultural Payments
Kenya leads Africa in digital agricultural payments, outpacing regional peers and global averages, according to new data from the Global Findex Database. Sub-Saharan Africa performs better, with 30% of adults [...]CBK Targets KSh 90 Bn in First FY2025/26 Infrastructure Bond Reopening
Kenya’s domestic debt market is gathering fresh momentum as the Central Bank of Kenya (CBK) launches the first infrastructure bond (IFB) auction for the 2025/26 fiscal year. Bond IFB1/2018/015 IFB1/2022/019 [...]DTB Slashes Lending Rate for Fifth Time in 2025
Diamond Trust Bank (DTB) Kenya has cut its base lending rate by 20 basis points, effective July 1, 2025, reducing the rate from 14.41% to 14.21% for all Kenya shilling-denominated [...]Govt Embeds Insurance in Subsidized Fertilizer Program, Targets 250,000 Farmers
The government is piloting a project that integrates climate-smart insurance into the subsidized fertilizer program, aiming to support 250,000 smallholder crop farmers across eleven counties before a nationwide rollout in 2026. Agricultural insurance is a step [...]Nairobi, Mombasa, and Kiambu Miss Out on KSh 11.2 Billion Climate Resilience Grants
The National Treasury has allocated KSh 11.2 billion in climate resilience grants to 44 county governments for the 2024/25 financial year, in the newly enacted County Governments Additional Allocations Act, [...]
