News

Safaricom has increased its dividend for the first time in three years as the financial burden of building its Ethiopian business begins to ease. Shareholders approved a record Sh80.13 billion payout for the year ended March 31, 2026, following stronger […]

Trading on South Korea’s stock market was temporarily halted on Wednesday, July 29, after a sharp sell off in semiconductor shares triggered the exchange’s emergency safeguards. The Korea Exchange first suspended trading on the KOSDAQ, a market dominated by technology […]

Kenya has gazetted the Virtual Asset Service Providers Regulations, 2026, formally bringing into effect a licensing and compliance framework for businesses operating across the digital asset market. The regulations cover exchanges (platforms where users buy and sell cryptocurrencies), custodial wallet […]

East African central banks have retained 2031 as the target for introducing a common regional currency, but the latest assessment shows that important economic and institutional preparations remain incomplete.The commitment was renewed during the EAC Monetary Affairs Committee meeting held […]

Kenya is not facing an immediate fuel shortage, but renewed insecurity along the Red Sea is increasing the risk that petroleum and other essential imports could become more expensive to bring into the country. The latest concern follows threats by […]

Kenya is preparing to tighten oversight of ride hailing platforms amid long running complaints that drivers have little influence over the fares, commissions and contractual terms that determine their earnings. The Competition (Amendment) Bill, 2026 would give the Competition Authority […]

Online foreign exchange trading has become easier to enter than ever. With a smartphone, an internet connection and a small deposit, Kenyans can buy and sell currencies within minutes. That convenience has fuelled strong interest in FX as an alternative […]

BAT Kenya posted modest profit growth in the first half of 2026 as recovering export sales and rising oral nicotine pouch sales helped offset weaker cigarette demand in the domestic market. Gross revenue rose 2.6% to Sh18.96 billion. Excise duty […]

How a Sh76,000 Loan Grew to Sh152,000A Kenyan court has warned digital lenders that a borrower’s acceptance of a loan agreement does not automatically make every interest charge or penalty enforceable. The case arose after Zenka Digital Limited advanced Benson […]

Kenya’s digital lenders have welcomed several changes in the Finance Act 2026, but an unresolved tax dispute with the Kenya Revenue Authority continues to make long-term planning difficult. The concern centres on an active High Court appeal involving historical tax […]