Tatu City: How Kenya's $4 Billion SEZ Hub is Redefining Urban Investment and Global Competitiveness
With an investment now hitting approximately $4 billion, Tatu City is confidently considered the home of the largest Foreign Direct Investment (FDI) in Kenya.
Equity Bank HR Boss Loses Ksh 950k Job Over Background Check Dispute
Aformer General Manager atEquity Bank has failed in his attempt to reclaim his position, where he earned a monthly salary of nearlyKsh1 million, after the court sided with the bank [...]
NSE to List First Global Equity ETF as Satrix Expands into Kenya
In a major milestone for Kenya’s capital markets, Satrix, South Africa’s largest provider of index-tracking funds, will list its MSCI World Feeder ETF on the Nairobi Securities Exchange (NSE) on [...]
Government Moves to Allay Fears of Mass Job Losses After Restructuring 90 Entities
The government will move ahead with a new phase of restructuring to cut wastage and promote efficiency, according to a Cabinet dispatch on Tuesday which listed 90 entities that will [...]Kenya Ratifies Treaty to Prevent Tax Avoidance by Multinational Firms
Kenya has ratified a treaty that blocks multinational firms from abusing taxation loopholes and shifting profits, the Organization for Economic Cooperation and Development (OECD) has confirmed. Kenya deposited its instrument [...]Kenya Airways Resumes Trading at the NSE After Five Years
Trading of shares in the listed national carrier Kenya Airways (KQ) on the Nairobi Securities Exchange (NSE) resumed on Monday morning after the markets regulator lifted a five-year freeze. “The [...]The Mergers, Acquisitions, and Deals That Shaped 2024
The Kenyan Wall Street takes you down memory lane on some of the key mergers, acquisition, and deals that shaped 2024. As curtain falls on 2024, this year will go [...]US, UK Sanction Kamlesh Pattni, 27 Others for Gold Smuggling, Money Laundering
Kenyan businessman and politician Kamlesh Pattni is among 28 individuals and businesses based in Zimbabwe sanctioned by U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) and the [...]Savannah Clinker Withdraws Bamburi Cement Takeover Bid
Savannah Clinker Limited has withdrawn its competing offer to acquire listed cement manufacturer Bamburi Cement Plc, the Capital Markets Authority (CMA) announced on December 4, 2024. To facilitate reconciliation, the [...]CS Mbadi Turns the Heat on Banks on Borrowing Costs
The government is worried about deteriorating financial health of many Kenyans despite positive economic fundamentals, Treasury and Economic Planning Cabinet Secretary (CS) John Mbadi has said. “We are no longer [...]Bankers Push for Further Rate Cuts by the Central Bank
Bankers have urged the Central Bank of Kenya (CBK) to further cut its benchmark rate at its final Monetary Policy Committee (MPC) meeting of the year on 5th December 2024. [...]Safaricom Enters the Money Market Fund Industry with Ziidi MMF
Telco giant Safaricom PLC has entered the money market fund after its subsidiary, Ziidi Money Market Fund, received a license from the Capital Markets Authority (CMA). According to Wycliffe Shamiah, [...]
