News

Nairobi’s satellite town land market has recorded one of Kenya’s strongest property booms, with average asking prices rising more than 13 times since December 2007. Satellite towns are urban centres outside Nairobi, such as Ruiru, Juja and Kitengela, that remain […]

Kenya is seeking World Bank approval to access up to $450 million (Sh58.2 billion) in emergency financing as rising oil prices and the threat of severe El Niño weather increase risks to the economy. The government is targeting approval by […]

Kenya’s private sector returned to growth in July, with the Stanbic Bank Kenya PMI rising to 51.3 from 50.0 in June. A reading above 50 means business conditions improved from the previous month, while one below 50 means they worsened. […]

Kenya’s capital markets could mobilise as much as $500 million, about Sh65 billion, for the planned listing of Nigeria’s Dangote oil refinery, with strong interest expected from local institutional investors. Reuters, citing a source familiar with the transaction, reported that […]

East African Breweries Plc recorded a 49% increase in profit after tax to Sh18.2 billion for the year ended June 2026, supported by higher sales across its markets and a reduction in borrowing costs. Net revenue rose 13% to Sh146 […]

Kenyan investors could soon gain exposure to the global artificial intelligence industry through a locally listed product, as the Nairobi Securities Exchange develops what would be East Africa’s first AI focused exchange-traded fund. NSE chief executive Frank Mwiti said the […]

The Nairobi Securities Exchange crossed KSh4 trillion in market capitalisation for the first time on Monday August 3, lifting the value of listed companies to about KSh4.01 trillion. The market had gained roughly KSh1.07 trillion, or 36.3%, since the end […]

Airtel Money has launched Bizna Wallet as it seeks to move beyond attracting mobile money users and become a bigger part of how small businesses receive payments and manage their daily finances. The wallet is aimed at kiosk owners, market […]

Kenyan households saw living costs rise again in July as more expensive transport, food and electricity pushed annual inflation to 6.5%. The Kenya National Bureau of Statistics (KNBS) said the rate increased slightly from 6.4 % in June but remained […]

The Central Bank of Kenya has reopened three tax free infrastructure bonds as the government seeks to raise Sh150 billion for infrastructure projects. The offer opened on July 30 and will close at 10am on August 12. It is a […]