(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’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 competition watchdog has ordered East African Breweries Plc to reserve at least 20% of refrigerator space in retail outlets for rival brands, in a move expected to widen consumer choice and lower barriers for smaller beverage makers. The Competition Authority of Kenya attached the condition toContinue Reading
(NAIROBI, KENYA) – Centum Investment Company became a debt-free holding company in the year ended 31st March 2026, but borrowing risks have increased across its operating businesses, according to disclosures in its latest annual report. The Nairobi Securities Exchange-listed firm had previously used large amounts of debt to fund expansion,Continue Reading
(NAIROBI, KENYA) – Carrefour Kenya increased its revenue by KES 5.89 billion ($45.5 million / £35.9 million) in 2025, as the retailer expanded its store network across East Africa’s largest economy. The growth reflects Carrefour’s widening presence in Kenya, where it is competing more aggressively with Naivas and Quickmart. FinancialContinue Reading
(NAIROBI, KENYA) – Four Kenyan lenders, KCB Group, Equity Group, Co-operative Bank of Kenya and Stanbic Holdings, have been included among the world’s best performing banks in the latest Forbes ranking. The institutions were assessed using financial information, desk research and data provided directly by participating banks. To qualify, KenyanContinue 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) – Global Brent crude prices have crossed the $100 (KES 12,941) mark for the first time since July 2026, pointing to higher pump prices in Kenya for the new monthly pricing cycle from 15th October. Market data shows that oil prices rose around 1% on Thursday, extending gainsContinue 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) – 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
