(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) – African businesses face a widening gap between digitally active consumers and customer service systems that remain fragmented across separate platforms, a challenge that is pushing firms toward integrated communication technology. DataReportal estimates Kenya had 23.4 million internet users at the end of 2025, while social media userContinue 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) – 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
