(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) – Ride hailing company Bolt has invested more than KES 19 billion in Kenya over the past decade, a period that has seen the platform serve over eight million riders and create income opportunities for more than 170,000 drivers and couriers. The investment amounts to approximately $147 millionContinue Reading
(NAIROBI, KENYA) – Emergency government spending in Kenya reached KES 364.24 billion over the four year period ending June 2026, according to official data published by the Office of the Controller of Budget. The figure amounts to approximately $2.82 billion based on current exchange rates. The disclosures reveal a sharpContinue Reading
(NAIROBI, KENYA) – The standard gauge railway recorded an operating profit of KES 3.2 billion ($24.9 million / £19.4 million) in the fiscal year 2025/26, the first time in nine years since it was launched in 2017. The result follows years of losses that had raised questions about the railway’sContinue 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) – At least 10 electric vehicle manufacturers, mostly from India and China, are preparing to enter Kenya after a shared battery swap provider launched its network in the country. The move is expected to increase competition in the growing electric mobility market. The firms include China’s Afrina Neopower,Continue Reading
(NAIROBI, KENYA) – Standard Chartered Bank Kenya has moved to take control of rental income from four properties linked to collapsed retailer Nakumatt Holdings as it steps up efforts to recover more than KES 1.9 billion ($14.8 million / £11.5 million) in unpaid loans. The bank has notified Nakumatt InvestmentsContinue Reading
(NAIROBI, KENYA) – The International Fund for Agricultural Development and Equity Group have launched a $200 million (KES 25.8 billion / £155.7 million) financing programme for smallholder farmers and rural businesses in East Africa. The initiative is designed to help them adapt to the effects of climate change. The AfricaContinue Reading
