(NAIROBI, KENYA) – Kenya’s Capital Markets Authority has warned the public against investing in 15 funds it says are operating illegally in the country, including two schemes that have drawn thousands of Kenyans in recent months. The regulator named Global Investment Group and Quant Vest Stock Exchange among the unlicensedContinue Reading
(NAIROBI, KENYA) – Banks and Safaricom accounted for 80.2 % of all dividends paid by companies listed on the Nairobi Securities Exchange in the last full financial year, confirming their place as the top choice for investors seeking steady income from equities. The 12 listed banks and the telecoms operatorContinue Reading
(NAIROBI, KENYA) – Kenya and the United States are seeking to deepen commercial ties, with a focus on expanding bilateral trade and attracting more private sector investment. Speaking while hosting a US Chamber of Commerce delegation in Nairobi, Foreign Affairs Principal Secretary Korir Sing’oei commended the US Congress for extendingContinue Reading
(NAIROBI, KENYA) – The National Infrastructure Fund (NIF) expects about KES 42 billion ($325 million / £251 million) in annual income from government securities as it seeks to create a steady financing pool for large strategic infrastructure projects while preserving its seed capital. The NIF seed capital presently stands atContinue Reading
(NAIROBI, KENYA) – More than 500 East African chief executives, global business leaders and a delegation of more than 50 European investors are expected in Nairobi next week for the inaugural East Africa CEO and Investment Forum, as the region seeks to strengthen trade competitiveness and attract new investment. TheContinue Reading
(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) – 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) – Britam Holdings has cleared accumulated losses of KES 5.87 billion ($45.7 million / £35.6 million) from its balance sheet, opening the way for the resumption of dividend payments after a six year pause. The Nairobi Securities Exchange listed insurer said the reduction became effective on 7th SeptemberContinue Reading
(NAIROBI, KENYA) – Kenya Electricity Generating Company has cut its dividend payout by 16.7% as it directs more cash into plant and equipment to expand electricity generation and meet rising demand. Shareholders will receive KES 0.75 ($0.0058 / £0.0045) per share for the year ended June 2026, amounting to KESContinue Reading
(NAIROBI, KENYA) – Investors have paid a premium to switch KES 11 billion ($85.6 million / £66.8 million) of holdings from a bond maturing in February 2028 into another government paper offering a higher interest rate and a lower withholding tax rate. The switch was conducted by the Central BankContinue Reading
