News

An Initial Public Offering (IPO) is when a private company offers shares to the public for the first time. The Dangote Refinery IPO matters because at a projected $40 to $50 billion valuation, it would be the largest IPO in […]

The Kenya Revenue Authority (KRA) is set to get new powers to tax money that companies keep instead of paying out to shareholders.What KRA intends to doWhen a company makes a profit, it can either share it with shareholders (as […]

The S&P 500 tracks the 500 largest companies listed in the United States. It is the index most global investors use as a benchmark for how American stocks are doing. According to a recent Goldman Sachs note, almost 45% of […]

The government last night moved to defuse a nationwide public transport strike that had brought the country to a standstill. Most shops and businesses in Nairobi and major towns remained shuttered yesterday as protests and the transport stoppage triggered billions […]

Kenya Power has submitted new tariff proposals to EPRA, with revised electricity prices expected to take effect from 1 July 2026. The specific rates remain undisclosed, but the utility is asking for more revenue to upgrade an ageing distribution network, […]

The government’s effort to make kerosene affordable has created an unintended consequence. Diesel currently costs about Sh243 per litre in Nairobi while kerosene goes for roughly Sh153 a gap of over Sh90. That difference exists because the state heavily subsidises […]

Kenyans are now paying the highest fuel prices in history. Diesel has jumped by KSh 46.29 to KSh 242.92 per litre, petrol is up by KSh 16.63 to KSh 214.25, and kerosene holds at KSh 152.78 kept there only by […]

The Kenyan government is actively negotiating from the Trade and Development Bank (TDB) new borrowing options to settle a Sh51.6 billion ($400 million) syndicated loan set to mature next month. This strategy is a cornerstone of a broader, aggressive plan […]

In a significant shift from traditional tax-based revenue-raising measures, the Kenyan government is launching an ambitious appeal to its citizens abroad, unveiling plans for a multi-billion dollar diaspora bond aimed at stabilising the nation’s strained public finances and funding critical […]

The Central Bank of Kenya (CBK) has lowered its benchmark lending rate by 25 basis points to 9.50%, marking the seventh reduction since August 2024. The Monetary Policy Committee (MPC) announced the decision following its meeting on August 12, aiming […]