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Africa’s Opportunity in the Era of Artificial Intelligence
The G20 Can Help Unlock Africa's Sports Economy
Looking at sport through an economic lens - as infrastructure capable of scaling markets and strengthening local value chains Looking at sport through an economic lens - as infrastructure capable of scaling markets and strengthening local value chains
Cytonn’s Appeals Dismissed as Courts Confirm Over KSh 11 Billion Investor Exposure
Cytonn has lost all 18 appeals, confirming the liquidation of CHYS and CPN and tracing over KSh 11 billion from more than 3,000 investors into its SPVs. Courts upheld preservation and vesting orders over key projects including RiverRun, Kilimani, Alma, CySuites, Taraji, Ridge and Superior Homes. The Official Receiver now has full control to recover investor funds.
The Beat of Billions- How Afrohouse, Afrotech & 3-Step Are Becoming Kenya's Next Big Music Export
Kenya’s Afrohouse movement is rapidly evolving into a vibrant cultural and economic force, fusing traditional rhythms with modern electronic production to create a globally resonant sound.
NSE Week 47: Uchumi Up 54%, Safaricom Drives Over a Third of Turnover
Rwanda's BK Group's Net Income Up 19.8% on Lower Impairments Costs
BK Group reported 9M 2025 net income of RWF 83.5Bn, up 19.8%, driven by lower impairment costs and strong loan growth. Net interest income rose 13.5% as assets increased 7.6% and loans expanded 17.2%. Non-funded income weakened, but cost discipline improved the cost-to-income ratio to 37.0%. Asset quality strengthened with the NPL ratio at 3.0% and cost of risk at 1.0%. The Board declared an interim dividend of RWF 11.2 per share.
364-Day Yield Extends Three-Week Rise as Redemptions Drive Heavy Oversubscription
The 364-day T-bill yield has climbed for a third week as heavy redemptions drive strong demand and four straight oversubscribed auctions.
Friday NSE Market Update: Uchumi Up 100% in 4 Weeks, Foreign Sells Dominate
Uchumi hits KSh 0.74, its highest since 2019, gaining 54% this week and 335% YTD. Turnover stands at KSh 864M led by Safaricom and BAT. Foreign buys hit KSh 68M and sells KSh 431M. Top gainers include ScanGroup and TotalEnergies, while Crown Paints leads the losers. NASI is down 0.45% at midday.
Kenya's Banks Contributed KSh 194.81Bn in Taxes in 2024
The Kenya Banking Sector contributed a total of KES194.81 billion to the National Treasury in the year ended 31 December 2024
Counties Can Collect Cess From Agri-Exporters in Special Economic Zones, Court Rules
Kenya is Considering Leasing Pyrethrum Processing Company to Halt Sector’s Steep Decline
The government is considering leasing out the Pyrethrum Processing Company of Kenya (PPCK) in what the Ministry of Agriculture says is the only realistic path to reviving a sub-sector