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    Markets Regulator Signs Global Pact to Strengthen Investor Protection

    Markets Regulator Signs Global Pact to Strengthen Investor Protection

    The Capital Markets Authority (CMA) of Kenya has become the 28th signatory globally, and the second African country, of a globally recognised framework for cross border enforcement cooperation among securities [...]
    Harry
    Harry Njuguna
    a year ago
    Kenya's Stock Market Adds KSh 113Bn in 5 Days as Safaricom Sparks Rally

    Kenya's Stock Market Adds KSh 113Bn in 5 Days as Safaricom Sparks Rally

    The bulls have charged back at the Nairobi Securities Exchange (NSE), pushing a 5.7% rally of NSE All Share Index (NASI) in just 5 trading days — from May 8 [...]
    Harry
    Harry Njuguna
    a year ago
    Hospitality Sector on Recovery Track as Bed Nights Occupancy Crosses 10 Million

    Hospitality Sector on Recovery Track as Bed Nights Occupancy Crosses 10 Million

    Bed nights occupancy in the hospitality industry rose to 10.2 million in 2024, from 8.6 million the year before, contributing to an occupancy rate of 28.9%, the Kenya National Bureau [...]
    Fred
    Fred Obura
    a year ago
    Court Prohibits Telcos, State Agencies, from Shutting Down Internet As Civil Societies File Petition

    Court Prohibits Telcos, State Agencies, from Shutting Down Internet As Civil Societies File Petition

    The High Court has issued temporary orders barring government agencies and telecom providers from interfering with internet access, in advance of a landmark public interest case challenging the legality of [...]
    Brian
    Brian Nzomo
    a year ago
    Sidian Bank's Q1 Profits Jump by 250%

    Sidian Bank's Q1 Profits Jump by 250%

    Sidian Bank has posted a net profit of KSh 556.9 million, up 250% year-on-year from KSh 159.1 million in Q1 2024, on the back of revenue growth. The remarkable growth [...]
    Harry
    Harry Njuguna
    a year ago
    Co-op Bank Posts KSh 6.93Bn Q1 Profit as Interest Income, Deposits Surge

    Co-op Bank Posts KSh 6.93Bn Q1 Profit as Interest Income, Deposits Surge

    Listed lender Co-operative Bank of Kenya (Co-op) has posted KSh 6.93 billion in net profit for the first quarter of 2025, a 5.3% increase compared to the same period last [...]
    Harry
    Harry Njuguna
    a year ago
    Best Finance and Business Newsletters in Africa

    Best Finance and Business Newsletters in Africa

    We all want to stay ahead of the financial curve whether it’s understanding what the Central Bank is up to, spotting market trends, or avoiding a surprise email from KRA. [...]
    Sylvia
    Sylvia Jemutai
    a year ago
    Roam, M-KOPA Ranked Among Fastest Growing African Companies

    Roam, M-KOPA Ranked Among Fastest Growing African Companies

    Kenya still dominates East Africa’s race for corporate growth, with a cluster of high-performing companies and startups pinning themselves on the chart of entrepreneurial dynamism and private sector resilience. Roam, [...]
    Brian
    Brian Nzomo
    a year ago
    KenGen to Build KSh 17bn, 100MW Green Hydrogen Plant

    KenGen to Build KSh 17bn, 100MW Green Hydrogen Plant

    Listed power generating company KenGen is set to build a KSh 17bn, 100MW green hydrogen plant, funded through concessional financing from Germany. “Kenya, and Africa at large, has the potential [...]
    Fred
    Fred Obura
    a year ago
    Naivas Supermarkets Claims Extortionary Tactics' in Feud with Nairobi

    Naivas Supermarkets Claims Extortionary Tactics' in Feud with Nairobi

    Naivas Supermarkets, Kenya's largest retail chain, has said that claims of expired products on its shelves are misleading and potentially harmful in an ongoing dispute with Nairobi City County. No [...]
    Staff
    Staff Reporter
    a year ago
    Kenya's Apparel Exports to the US Rise to KSh 61bn amid AGOA Renewal, Tariff Concerns

    Kenya's Apparel Exports to the US Rise to KSh 61bn amid AGOA Renewal, Tariff Concerns

    Apparels exported to the United States (US) market under the Africa Growth and opportunity Act (AGOA) earned Kenya KSh 60.6 billion last year, a 19.2% jump from KSh 50.8 billion [...]
    Fred
    Fred Obura
    a year ago
    Base Titanium Opens Mining Equipment Auction to Local Bidders

    Base Titanium Opens Mining Equipment Auction to Local Bidders

    Australian mining firm Base Titanium will auction its mining equipment — including industrial pumps, transformers, power modules, and control systems — after winding up its 11-year extractive operations in Kwale. [...]
    Brian
    Brian Nzomo
    a year ago

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