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State Loses Bid to Seize Controversial British Businessman's Mombasa Properties
The agency had sought to have three apartments in Mombasa’s Mainland North valued at a total of KSh 18mn, and any rental income derived from them, declared proceeds of crime
Safaricom Parent Vodacom Posts 23% Earnings Jump as Egypt Drives Growth
Vodacom Group reported FY2026 headline earnings per share up 22.9% to 1 053 cents, with service revenue rising 10.6% to R133.6 billion. Egypt contributed 29.7% of Group EBITDA. A Kenya High Court order continues to block Vodacom's US$2.1 billion bid for a controlling 55% stake in Safaricom.
Mogo Auto Expands Operations, Doubles Down on Motorcycle Financing
Asset-backed lender Mogo Auto Ltd expanded its operations to 36 counties in 2025, extending its reach among informal workers as motorcycle financing accelerated
Apollo Agriculture Unlocks KSh276 mn by Securitizing Smallholder Farmers' Loans
The deal reflects a growing shift in African agricultural finance toward capital markets-based funding structures, where fintech lenders originate and manage credit risk, while institutional investors provide liquidity
Ruto Pushes for New African Financial Order as Summit Unveils Billions in Deals
Africa currently holds more than US$ 4 trillion in long-term domestic savings, including over US$ 1 trillion in pension and insurance assets and more than US $500 billion in central bank reserves.
Real Estate’s Shift from Speculation to Yield Takes Centerstage at This Week’s East Africa Property Investment (EAPI) Summit in Nairobi
EAPI 2026 will take place Wednesday May 13th to Thursday May 14th at the Radisson Blu, Upper Hill in Nairobi – marking a busy week of investor conversations in Kenya’s capital
Senators, Roads Ministry Clash Over Control Of the Fuel Levy
A clash has emerged between the Senate and the Ministry of Roads and Transport over the control of the fuel levy, which generated roughly KSh 120 billion in 2025
AfCFTA Pushes for Continental Pharma Manufacturing to Cut Africa’s Import Dependence
AfCFTA Secretary-General Wamkele Keabetswe Mene has called for accelerated continental integration to support Africa’s pharmaceutical manufacturing ambitions
Flame Tree Swings to KSh 15.9Mn Loss as One-Off Insurance Income Fades
Flame Tree Group swings to a KSh 15.9Mn loss in FY2025 as a KSh 293.6Mn insurance accrual that inflated 2024 earnings fails to repeat. EBITDA rose 18% to KSh 384.5Mn and gross margin hit a 13-year high of 37.8%, but finance costs of KSh 307Mn continue to consume operating gains.
Why Your Next Big Deal Isn’t Happening in a Boardroom but in Kigali This May
For the Kenyan executive, leaving Kigali with a signed agreement requires more than a pitch, it requires a project that is investment-ready and aligned with the new continental mandate of shared regional growth.
Founder & Ex-CEO Bharat Thakrar Leads Minority Push to Oust Entire WPP Scangroup Board
WPP Scangroup founder Bharat Thakrar leads a 13.59% minority bloc in what could be Kenya's first board removal requisition at an NSE-listed company, citing KSh 3.1 Bn in losses, a 62% share price decline, and a KSh 1.2 Bn related-party loan to parent WPP Plc since 2021.