(NAIROBI, KENYA) – Kenyan startup Twiga Foods has entered administration amid financial turmoil, joining a group of 13 once promising ventures that have collapsed over the past five years after raising capital in excess of KES 93 billion ($719 million / GBP 532 million). The business failures, including that ofContinue Reading
(NAIROBI, KENYA) – Centum has disclosed in its latest annual report that businessman Mr Kimani increased his holding from 69.4 million shares, equivalent to a 10.43% stake at the end of March 2025, to 76.59 million shares in the review period. The additional shares are currently valued at KES 133.38Continue Reading
(NAIROBI, KENYA) – The Nairobi Securities Exchange (NSE) has shed KES 158 billion ($1.22 billion / GBP 967 million / EUR 1.13 billion) in investor wealth over the past week after the share prices of blue-chip firms retreated under pressure from investors keen to profit from the market rally throughContinue Reading
(NAIROBI, KENYA) – Kenya could attract up to $600 million (KES 77.5 billion / GBP 474 million) in new investments from American companies over the next year, as US firms deepen their interest in the country as a gateway to the East African market. The investment pledges were announced duringContinue Reading
(NAIROBI, KENYA) – Kenya’s Treasury is earning more from public funds invested in government securities, as state entities hold a growing share of domestic debt. Government entities, semi-autonomous agencies and public sector funds held KES 513.31 billion ($3.97 billion / GBP 3.13 billion) in Treasury bonds and bills as ofContinue Reading
(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
