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    Safaricom's Looming Majority Control Shift Triggers EAC, COMESA Inquiries

    Safaricom's Looming Majority Control Shift Triggers EAC, COMESA Inquiries

    Regional competition authorities have opened formal inquiries into a proposed transaction that would hand South Africa’s Vodacom Group control of Safaricom PLC
    Fred
    Fred Obura
    2 months ago
    Kenya Bans Use of Tea Farmers’ Funds as Loan Collateral

    Kenya Bans Use of Tea Farmers’ Funds as Loan Collateral

    Kenya has banned the use of tea farmers’ funds as collateral for bank loans, tightening government oversight of the ailing tea sector to shield smallholders from financial abuse
    Brian
    Brian Nzomo
    2 months ago
    Hustler Fund, Credit Guarantees Face Repayment Test as Treasury Scales MSME Lending

    Hustler Fund, Credit Guarantees Face Repayment Test as Treasury Scales MSME Lending

    The government’s plan to expand the Hustler Fund to KSh100 billion and unlock KSh50 billion in commercial bank lending through the Credit Guarantee Scheme (CGS) has brought renewed focus on the sustainability of state-backed MSME financing
    Fred
    Fred Obura
    2 months ago
    Kenya Pipeline's KSh 106.3Bn Privatization to Support National Budget

    Kenya Pipeline's KSh 106.3Bn Privatization to Support National Budget

    The Kenyan government plans to raise KSh 106.3 billion from the sale of a 65% stake in Kenya Pipeline Company, positioning the IPO as a key source of non-debt financing for the FY2025/26 budget. The proceeds will accrue to the National Treasury as Kenya faces a projected budget deficit of about KSh 923 billion, delayed IMF support, and rising borrowing needs. The transaction forms part of a broader shift toward asset sales to support development spending while containing debt growth.
    Harry
    Harry Njuguna
    2 months ago
    Kenya's Diaspora Remittances Crossed US$5 Billion in 2025

    Kenya's Diaspora Remittances Crossed US$5 Billion in 2025

    Kenya’s diaspora remittances reached a record US$ 5.04Bn in 2025, the first time annual inflows crossed the US$ 5Bn mark. The milestone followed consistently strong monthly receipts, with six of the ten highest inflows on record occurring during the year. Growth slowed from 2024 levels, but inflows remained elevated, reinforcing remittances as a core foreign-exchange support for the economy.
    Harry
    Harry Njuguna
    2 months ago
    Kenya's Political Economy is Killing its Businesses

    Kenya's Political Economy is Killing its Businesses

    Kenya's business people have the unfortunate privilege of being both over regulated and under regulated
    Phares
    Phares Kariuki
    2 months ago
    Congolese Doctors Sue Kenya Over New Licensing Freeze

    Congolese Doctors Sue Kenya Over New Licensing Freeze

    A group of foreign doctors has requested the High Court to halt the enforcement of a new licensing decree that has abruptly barred them from medical practice in Kenya. 
    Brian
    Brian Nzomo
    2 months ago
    Security Concerns Dominate as Government Defends Safaricom Share Sale

    Security Concerns Dominate as Government Defends Safaricom Share Sale

    National security dominated deliberations in Parliament on Tuesday as the government moved to justify plans to reduce its stake in Safaricom PLC
    Fred
    Fred Obura
    2 months ago
    Parliament's Tight Deadline to Approve Turkana Oil Plan

    Parliament's Tight Deadline to Approve Turkana Oil Plan

    Parliament is racing against a February 24th deadline to review the South Lokichar Basin’s oil development plan, a high-stakes project that could unlock hundreds of millions of barrels of recoverable crude oil. 
    Brian
    Brian Nzomo
    2 months ago
    Lawyers Protest Court Order Outlawing Hiring of Private Firms by Public Entities

    Lawyers Protest Court Order Outlawing Hiring of Private Firms by Public Entities

    Lawyers in Kenya are in open revolt after a High Court order temporarily slammed the door on public entities hiring private law firms,
    Brian
    Brian Nzomo
    2 months ago
    Leasing Plan Looms for New KCC after KSh 6 billion in Costly State Support

    Leasing Plan Looms for New KCC after KSh 6 billion in Costly State Support

    Kenya has outlined a plan to lease New KCC to private operators if the latest KSh 2 billion bailout does not yield positive results.
    Fred
    Fred Obura
    2 months ago
    Parliament Opens Hearings on Safaricom Share Sale Plan

    Parliament Opens Hearings on Safaricom Share Sale Plan

    Parliament will begin stakeholder hearings on the government’s plan to partially divest its shareholding in Safaricom PLC
    Fred
    Fred Obura
    2 months ago

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