NBV Hits Five-Year Low, Uchumi and DTB Extend Gains in Monday Trading
The market opens Week 47 mixed.
NBV drops to a five-year low at KSh 1.48. DTB hits KSh 116 and Uchumi rises to KSh 0.52. Co-op trades at KSh 25.00, holding its record highs.
Turnover stands at KSh 270M with Safaricom leading at KSh 69M.
Foreign investors buy KSh 16.4M and sell KSh 73.5M. NASI is up 0.5% at midday.
COMESA Probes Salvo Grima’s Bid for Majority Stake in Noble Outlook Kenya
The COMESA Competition Commission has opened an inquiry into Salvo Grima Kenya’s proposed acquisition of a 75% stake in Noble Outlook Limited.
LemFi Launches Instant Access Savings Accounts to help UK immigrants grow their savings and build financial freedom
LemFi launches Instant Access Savings Accounts to help UK immigrants grow their savings and build financial freedom
MyCredit, Enkisoma Africa, Partner to Inject KSh 1.2 Billion into Digital Education
MyCredit Limited, a digital credit provider, and Enkisoma Africa Limited, an ed-tech company, have signed a KSh 1.2 billion memorandum of understanding.
Businesses Face Compliance Hurdles as eTIMS Directive Takes Effect- PwC
Businesses are bracing for a series of compliance challenges as the Kenya Revenue Authority (KRA) moves to enforce stricter income and expense validation rules
Kenyan Businessman Ashok Doshi Withdraws Lawsuit Against CBK Over Imperial Bank Liquidation
Ashok Doshi, has withdrawn his long-running lawsuit against the Central Bank of Kenya (CBK) challenging the liquidation of Imperial Bank.
"Cartels are an Invisible Tax On Consumers" -Competition Authority Director-General
Without the pressure to compete, cartel members have no incentive to innovate and improve their products and services, or processes.
KRA Shifts Bank Guarantees for Customs Transactions to iCMS From December 2025
KRA will require all customs-related bank guarantees to be issued and processed exclusively through the Integrated Customs Management System (iCMS) starting 1 December 2025.
Acorn Secures CMA Approval for KSh 2.2 Billion Build-To-Rent D-REIT
Acorn, who own Qwetu and Qejani student accommodations, has received CMA approval for a new Build-To-Rent D-REIT backed by KSh 2.20Bn to grow affordable rental housing for young Nairobi workers.
Inside the 43-Year Standard Chartered–Manchester Outfitters Feud
A 1982 loan sparked a 4-decade legal battle over whether a debenture remained valid after the facility was restructured.
In the Markets this Week: ABSA, BAT, EABL and I&M Hit New Highs as Foreign Outflows Continue
Week 46 of 2025 closed lower across all NSE indices despite strong gains in ABSA, BAT, EABL, I&M and Co-op Bank.
Uchumi extended its sharp rise to 2019 levels.
Foreign investors posted a net outflow of KSh 387.83M, down from last week.
Bond turnover rose 36.46% to KSh 55.88B. Equity turnover eased to KSh 3.61B as blue-chips drove liquidity.
Hidden Debt Hits Senegal as Nigeria, Côte d’Ivoire Gain Rating Stability- S&P Review