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NSE Opens the Week Lower as Uchumi Hits 935% Year-to-Date
Uchumi hit KSh 1.76 at midday, extending its streak and lifting YTD gains to 935%. Turnover reached KSh 575M, led by KCB and Safaricom. Foreign sells of KSh 210M outpaced buys of KSh 170M. The NASI fell 0.85% with mixed moves across large caps.
Kenya’s Arrivals Hit Record 2.39 Million in 2024 as Visa Reforms Lift Tourism
Kenya’s international arrivals jumped to a record 2.39 million in 2024, boosted by the government’s shift to visa-free entry and streamlined travel authorisation systems aimed at lowering barriers
Thermal Electricity Output Jumps 36% to Fill Supply Gap From Low Hydro
Kenya’s electricity output rose 5.8% in Jan–Sept 2025 to 9,878 GWh as geothermal growth offset weaker hydro. Thermal jumped 36% on low inflows, while wind and solar posted modest gains. September generation increased 5% YoY to 1,098 GWh. Renewables still supplied more than 86% of total output as the grid relied on geothermal and thermal to meet rising demand and new peak-load records.
NSE Overhauls Futures Margins and Introduces Sector Index Future Ahead of 2026
NSE will introduce a Banking Sector Index future on 19 December 2025 and reset margins across major contracts. The new product offers a single hedge for bank-sector exposure and settles in cash. Margin changes vary across expiries, while NBSI margins start at KSh 100 and rise to 125. Existing positions will adjust to the new levels.
Tribunal Rebukes KRA Over Stale Tax Claim Against Landlord
The Tax Appeals Tribunal has delivered a setback to the Kenya Revenue Authority (KRA), cancelling a KSh 67.9 million assessment it issued against a Nairobi landlord
NSE Logs Rare Two-Week Decline, Uchumi and Portland Defy Market Weakness
The NSE posted a second straight weekly decline, one of only three such sequences in 2025. Broad indices weakened and market cap fell 0.82%, but NASI remains up 45.43% YTD. Trading stayed concentrated in Safaricom and large caps, while Uchumi and East African Portland Cement led gains. Foreign investors recorded a KSh 408M net outflow, marking a third week of selling.
M-PESA Ethiopia Raises Alarm Over Access Block on Ethio Telecom Network
M-PESA Ethiopia reported that its new telco-agnostic Lehulm app became inaccessible on smartphones using Ethio Telecom mobile data days after launch. The company says customers cannot log in or complete transactions and is engaging regulators to restore access. The issue mirrors World Bank findings that Ethiopia’s telecom market still contains structural imbalances that favour the state-owned operator.
Africa’s Demand for Refined Fuel to Surge into 2050
Africa's oil demand will continue growing to 2050 and beyond, fueled by population growth, industrialization, and urbanization.
Uchumi Extends 19-Day Surge, EA Portland Retreat Hits NSE Friday Session
Uchumi jumped 9.59% to extend a 19-session rally, taking YTD gains to 841%. Portland fell 9.86% for a second day. Turnover hit KSh 753M, led by Kenya Power, Safaricom and Equity. Foreign buys were KSh 142M against KSh 79M in sells.
Is Crypto Uniquely Positioned as an Alternative Investment?
Crypto offers accessibility and liquidity rarely seen in traditional alternatives. Investors can buy, sell, and hold crypto assets with minimal friction, often around the clock. Writes Apollo Sande, Country Manager for Luno Kenya
Regulator Clears HF Group’s 94.27 Million-Share ESOP, Replacing 2008 Staff Scheme
HF Group received approval from the Capital Markets Authority to issue and list 94.27 million new shares for its employee ownership plan, completing a process endorsed by shareholders at the May 2025 AGM. The approval activates a new ESOP framework that replaces the 2008 scheme and expands the company’s capital base through a KSh 5-per-share issuance. The structure caps ESOP holdings at 5 percent, allows allotment over five years and grants employees pari passu rights with existing shareholders.