(NAIROBI, KENYA) – Kenyan investors increased their holdings in foreign currency denominated funds by KES 15 billion in three months, pushing the total to KES 110.5 billion by June 2026, according to data from the Capital Markets Authority (CMA). The figure amounts to approximately $856 million / £677 million /Continue Reading
(NAIROBI, KENYA) – China Communications Construction Company (CCCC) reported operating revenue of RMB204 million (KES 3.9 billion) from its Nairobi Expressway concession in the six months to 30th June 2026, up from RMB190 million (KES 3.6 billion) in the corresponding period of 2025. The KES 3.9 billion half year revenueContinue Reading
(NAIROBI, KENYA) – Kenya’s regulated SACCO sector recorded a rise in non-performing loans to an estimated KES 65.3 billion in the second quarter of 2026, even as the industry’s gross loan book climbed to KES 971.59 billion, according to the SACCO Societies Regulatory Authority (SASRA). The bad loans figure amountsContinue Reading
(NAIROBI, KENYA) – Centum Investment Company Plc has announced the departure of Group Chief Executive Officer James Mworia after nearly 18 years at the helm. He is set to become the founding Chief Executive Officer of the National Infrastructure Fund. The Board has appointed Thomas Omondi-Achola, currently Partner for PortfolioContinue Reading
(NAIROBI, KENYA) – Local and regional manufacturers now account for 80% of Kenya’s top 30 most chosen fast moving consumer goods brands, according to the Brand Footprint 2026 ranking by Worldpanel by Numerator. Supa Loaf leads the ranking, followed by Mount Kenya and Royco. The findings point to the strengthContinue Reading
(NAIROBI, KENYA) – Kenya recorded $1.44 billion (KES 186.4 billion) in mergers and acquisitions during the first half of 2026, making it the leading market by deal value in Africa excluding South Africa, according to data from DealMakers AFRICA. The figure represents about £1.13 billion / €1.31 billion at currentContinue Reading
(NAIROBI, KENYA) – Kenya and Uganda are working to expand maize and wider agricultural trade under the African Continental Free Trade Area. Kenya has indicated readiness to buy more maize from Uganda but wants stronger measures to ensure the grain is properly dried and free of aflatoxin before it crossesContinue Reading
(FORT PORTAL, UGANDA) – King Oyo Nyimba Kabamba Iguru Rukidi IV, the Omukama of Tooro who died on Thursday 27th August at the age of 34, leaves behind a financial legacy tied to land, government support and the weight of a 200 year old institution. His personal wealth was modestContinue Reading
(FORT PORTAL, UGANDA) – Tooro Kingdom has entered a nine day period of traditional mourning following the death of Omukama Oyo Nyimba Kabamba Iguru Rukidi IV at the age of 34. The King died at around 10pm on Thursday 27th August while receiving medical treatment in the United States. InitialContinue Reading
