Kenya Aims to Regulate Carbon Market Billions, but Land Tussles Threaten Windfall
Kenya has unveiled draft regulations that would place its emerging carbon credit market under the supervision of the Capital Markets Authority (CMA), as part of proposals to transform the country [...]
Uchumi Wins KSh26.7 Million in Franchise Dispute as Revival Efforts Drag On
Uchumi Supermarket PLC has emerged victorious in a commercial dispute with Aljazeera City Market, after the High Court awarded it KSh26.7 million in special damages arising from a breached franchise [...]Express Kenya Unveils KSh 13Bn Project Nexus to Transform Nairobi’s Skyline
Listed logistics and warehousing firm Express Kenya PLC has unveiled Project Nexus, a KSh 13 billion multi-phase development meant to reshape part of Nairobi's urban corridor, as it seeks to [...]
NSE’s Equity Giants Rebuild Market Power, Topping KSh 2 Trillion
The combined market capitalization of the top 10 listed firms on the Nairobi Securities Exchange (NSE) has surpassed KSh 2 trillion for the first time since September 2022. Company Last [...]Centum Issues Profit Warning as Half-Year Results Reveal Continued Strain
Centum Investment Company Plc has issued a profit warning for the financial year ending March 2025. It expects net earnings to drop by at least 25% from the KSh 2.6 [...]Williamson, Kapchorua Profits Down, Hold Dividends and Propose Bonus Issues
Williamson Tea Kenya Plc and its associate Kapchorua Tea Kenya Plc have posted significantly weaker financial results for the year ended 31 March 2025, underscoring mounting pressures in the global [...]Energy Stocks Light Up NSE as All Indices Hit Multi-Year Highs
Kenya's energy sector took center stage in the stock markets on Thursday with Kenya Power ($KPLC) and KenGen ($KEGN) share prices climbing to multi-year highs, helping lift broader sentiment across [...]NSE Hits 3-Year High as Investor Confidence Defies Unrest
Against the backdrop of nationwide protests marking the anniversary of last year’s tax unrest, the Nairobi Securities Exchange delivered a standout performance on Tuesday. Foreign investor confidence faltered, with net [...]Equity Group to Become First Kenyan Bank to Set Up UAE Office
Shareholders of Equity Group Holdings Plc, on Wednesday, June 25th, approved a plan to open a Representative Office in the United Arab Emirates (UAE). “The UAE office is a strategic [...]Euro Surpasses KSh 150 on Global Rally; Pound Strengthens, Dollar Steady
The euro climbed to KSh 150.20 on June 25, 2025—its highest level against the Kenyan shilling in over 15 months—according to data from the Central Bank of Kenya. A Global Currency [...]TransCentury, East African Cables Shares Suspended; NCBA Share Price Hits Decade-High
The Nairobi Securities Exchange (NSE) has indefinitely suspended trading in TransCentury Plc (NSE:TCL) and East African Cables Plc (NSE:CABL) shares, effective June 23, 2025. With receivers now back in control [...]Umeme to Pay Record Dividend as Arbitration Battle Looms
Umeme Limited, Uganda’s former electricity distribution monopoly, has set markets alight with the declaration of a record Ushs 222 interim, equivalent to approximately KSh 7.96, for FY2025— the largest in [...]
