Bamburi Cement's Former Owner LafargeHolcim EA Moves Closer to Liquidation
LafargeHolcim East Africa Limited is set to hold its final members’ meeting later this month as the company moves to formally conclude its voluntary liquidation
Kenya Pipeline IPO Prices At KSh 9 per Share, Valuing State Fuel Transporter At KSh 163.6 Billion
Kenya Pipeline Company has priced its IPO at KSh 9.00 per share, implying an equity valuation of about KSh 163.6 billion ahead of its planned NSE listing in March.
The pricing is anchored on an earnings-based approach, using an implied EV/EBITDA multiple of 8.1x applied to FY2025 EBITDA of KSh 18.59 billion, translating to an enterprise value of about KSh 150.6 billion.
The government is selling a 65% stake, with gross proceeds of roughly KSh 106.3 billion accruing to the National Treasury
Equity Bank Faces Litigation Threat as South Sudan Cash Runs Dry
Equity Bank’s Juba branch is facing a formal legal threat over its inability to release cash to a customer, a dispute that exemplifies South Sudan’s deepening liquidity crisis
Liberty Kenya Issues Profit Warning, Citing Claims Pressure And Investment Income Decline
Liberty Kenya Holdings Plc warned on Monday, January 19, 2026, that profit after tax for the year ended December 31, 2025, will fall by at least 25 percent from 2024 levels.
The insurer cited weaker investment income, higher claims experience and an accounting loss from the disposal of its Heritage Insurance Tanzania stake.
Liberty Kenya reported profit after tax of KSh 1.40 billion in 2024. Shares were unchanged at KSh 10.30 in early trading.
KRA Ordered to Compensate 23 Police Officers Over Payroll Cuts
Why the Global Payments Race Is Pushing Banks Toward PayTech Acquisitions
Banks are increasingly acquiring payment technology firms as competition intensifies for control of payments infrastructure, customer data, and low-cost liquidity.
Exclusive: Inside Kenya Pipeline's KSh 163 Billion IPO
Kenya is preparing to launch the long-awaited Kenya Pipeline Company (KPC) IPO, a KES 100 billion deal expected to reshape the Nairobi Securities Exchange (NSE).
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.
NSE Week 3: Indices Advance, Trading Activity Slows as Foreign Outflows Deepen
The NSE posted further gains in the week III ended Jan 16, 2026, with all major indices closing higher as the NASI rose 1.04%.
Trading activity cooled, with turnover slipping to KSh 2.57Bn, while foreign investors recorded a KSh 1.1Bn net outflow. Banks and Safaricom supported index performance as the market consolidated after a strong start to the year.
Kenya's Political Economy is Killing its Businesses
Kenya's business people have the unfortunate privilege of being both over regulated and under regulated
Kenya’s Foreign Exchange Buffers Hit All-Time High Of KSh 1.61 Trillion
Kenya’s foreign exchange reserves rose to a record KSh 1.61 trillion (US$12.477 billion) in the week ended Jan. 15, 2026, CBK data shows.
The stockpile is KSh 430.1 billion higher than a year earlier, a 36.5% increase, reflecting sustained net FX inflows and reserve accumulation.
Import cover rose to 5.4 months, up from 5.3 in the prior week and above the four-month statutory threshold.
I&M Group Lifts Stake In Tanzania Unit To 95.5% As Minority Shareholders Exit
I&M Group PLC has raised its ownership in I&M Bank (T) Limited to 95.5% after acquiring shares previously held by PROPARCO and Microfinance East Africa Ltd.
The stake increase from 84.9% follows receipt of all corporate and regulatory approvals and consolidates the group’s control of its Tanzanian unit, according to a board notice dated January 13, 2026.