… Subscribe to our newsletterFollowing the release of HFCB's financial results, the Nairobi Securities Exchange halted trading in the company's shares for the day, citing the release of results during trading hours contrary to Capital Markets regulations.The bourse stated that the …
… As much as we are talking as leaders, we must provide practical solutions.” He also proposed the creation of a government-owned company that would own government run systems like eCitizen, Social Health Authority among others and would be listed at the Nairobi Securities Exchange …
… The family is known on the Nairobi Securities Exchange for its discreet but substantial accumulation of banking stocks.Foreign institutional investors, who hold 11.1 per cent of the group, are also due a substantial payday, estimated at Sh1.07 billion. …
… Subscribe to our newsletterNCBA will remain listed on the Nairobi Securities Exchange following implementation, with the remaining 34 per cent of shares continuing to trade publicly.The lender's profit after tax was driven by a 15.1 per cent increase in operating income to Sh40.7 …
… While agreeing with the private insurer, Justice Benjamin Njoroge said that neither the Capital Markets Authority (CMA) nor the Nairobi Securities Exchange (NSE) opposed the move. …
Audio By VocalizeDouble-digit returns offered by notes listed on the Nairobi Securities Exchange (NSE) in 2025 appear to have fuelled nearly an 80 per cent increase in pension assets allocated to corporate bonds. …
NSE inks deal with Tether to advance digital asset training, finance market innovation By Roy Ouma July 28, 2026 02:03 (EAT) Add as a Preferred Source on Google Follow us Follow on Whatsapp Follow on Google Follow on Twitter Audio By Vocalize The Nairobi Securities Exchange (NSE) …
The Central Bank of Kenya has approved South African financial services provider Nedbank Group Limited's acquisition of 66 per cent of NCBA Group PLC, which the CBK approved on August 28, 2026 under the Banking Act. The transaction will take effect upon completion according to the agreement between the two parties.
The Central Bank of Kenya has approved South African financial services provider Nedbank Group Limited's acquisition of 66 per cent of NCBA Group PLC, which the CBK approved on August 28, 2026 under the Banking Act. The transaction will take effect upon completion according to the agreement between the two parties.
Listed lenders I&M Group PLC and HFCB Group PLC posted higher half-year earnings on Thursday, joining rivals in delivering results. I&M Group's net profit after tax grew by 20.4 per cent to Sh9.30 billion for the six months ended June 30, driven by a 23 per cent surge in total operating income to Sh33.7 billion.
Family Bank Group reported a 62% jump in Profit After Tax to Ksh 3.7 billion for the six months ended June 30, 2026, up from Ksh 2.2 billion in the first half of 2025, supported by balance sheet expansion and disciplined cost management.
Kiharu MP Ndindi Nyoro, who has left the ruling United Democratic Alliance for the People's Party of Kenya, proposed exploiting minerals at Mrima Hills and oil in Turkana County to help pay Kenya's Sh13 trillion debt, and called for reforms in the power sector to allow private producers to sell electricity to the national grid.
KCB Group declared an interim dividend of Sh3 per share, totaling Sh9.64 billion, after half-year net profit rose to Sh36.1 billion from Sh31.5 billion in the same period last year, driven by an expanded loan book and contributions from regional subsidiaries.
NCBA Group announced a Sh6.18 billion interim dividend payout with an interim dividend of Sh3.75 per share, up from Sh2.50 in the prior year, after reporting a 12.2 per cent jump in half-year profit after tax to Sh12.4 billion. The announcement comes as South Africa's Nedbank Group awaits regulatory clearance to complete its proposed majority takeover.
A commercial court in Nairobi has approved Britam Holdings plc shareholders' plan to reduce share capital reserves from Sh13 billion to offset accumulated losses of Sh5.8 billion, with the Capital Markets Authority and Nairobi Securities Exchange not opposing the move.
Pension fund investments in commercial paper and corporate bonds grew 77.6 per cent in 2025 to Sh17.4 billion, the highest growth in five years, fuelled by double-digit returns on notes listed on the Nairobi Securities Exchange. The growth coincides with major bond listings by Safaricom and East African Breweries Ltd, both oversubscribed at over 150 per cent.
The Nairobi Securities Exchange has signed a Memorandum of Understanding with Tether, a global fintech firm, to explore digital asset education, tokenization, and financial market innovation in Nairobi. NSE CEO Frank Mwiti said the partnership aligns with the exchange's 2025–2029 strategic plan to leverage technology and expand investor access.
Kenyan commercial banks are in talks with US technology firm IronOne Technologies to deploy an AI platform called "Smart Delinquency Predictor" that predicts borrower defaults up to six months in advance, enabling banks to intervene before loans deteriorate rather than managing debt reactively.
Esther Waititu, Safaricom's Chief Financial Services Officer, has spoken publicly following her departure announcement, saying "the time feels right for a new chapter" after nearly three years leading the company's financial services business, which includes M-PESA.
The British High Commissioner to Kenya says the UK is expanding its security partnership with Kenya to address cybercrime, artificial intelligence risks, and organised immigration crime, beyond traditional counterterrorism operations. The partnership, formalized in the UK-Kenya Strategic Partnership signed in July 2025, aims to support Kenya's security priorities across the Horn of Africa region.
The United Kingdom and Kenya have begun negotiations on a Digital Trade Agreement aimed at expanding cross-border digital commerce and reducing business barriers. The agreement is the next phase of the UK-Kenya Strategic Partnership signed in July 2025, and is expected to simplify digital trade, support innovation and improve market access for both countries.
One year after signing a Strategic Partnership, Kenya and the UK have seen bilateral trade exceed Sh340 billion for the first time, with British companies employing approximately 250,000 Kenyans and infrastructure projects expected to create over 100,000 jobs. The partnership includes flagship initiatives such as an infrastructure investment fund at the Nairobi Securities Exchange and the Nairobi Railway City project, backed by approximately £150 million.
Kenya has established the National Infrastructure Fund with approximately Sh347 billion capitalised from partial privatisation of Safaricom and Kenya Pipeline Company, positioning it as one of Africa's largest pools of development capital. The Fund aims to mobilise long-term equity capital and systematically develop nationally significant infrastructure through commercially viable enterprises.
Trade and Investment Cabinet Secretary Lee Kinyanjui has urged private companies to list on the Nairobi Securities Exchange, saying it would unlock access to long-term capital and support business expansion, while offering benefits including increased liquidity, tax incentives, and improved corporate governance.
The National Treasury will receive a Sh244.2 billion cash injection after selling a 15 per cent stake in Safaricom to South Africa's Vodacom Group through a block trade on the Nairobi Securities Exchange, effective June 30. The transaction increases Vodacom's stake in Safaricom to 55 per cent from 35 per cent, ending an era of State dominance in the telecom giant.
The National Treasury will receive Sh244.2 billion from the sale of a 15 per cent stake in Safaricom to South Africa's Vodacom Group in a transaction effective June 30, increasing Vodacom's stake to 55 per cent and ending State dominance in the telecom company.
Kenya's Nairobi International Financial Centre certified 15 new companies expected to mobilise more than US$200 million in investment and create over 1,000 direct and indirect jobs across sectors including digital finance, artificial intelligence, climate finance, and fintech.
The TRIFIC Green USD I-REIT listed on the Nairobi Securities Exchange following a public offer that was 103.3 per cent subscribed, raising $30.815 million against a target of $29.832 million. The REIT offers investors access to institutional-grade commercial property within the Two Rivers International Finance and Innovation Centre Special Economic Zone with rental income in US dollars and aligns with global environmental, social and governance criteria.
Kenya Electricity Generating Company has increased its renewable energy development pipeline from 1,500MW to 5,500MW, driven by planned nuclear capacity (2GW), expanded hydro and geothermal opportunities, and rising regional demand for clean power. The expansion was announced alongside the company's inaugural Sustainability Report for the 2024/25 financial year.
Britam paid Sh97.3 million in 2025 to support 402,681 farmers and pastoralists across East Africa recovering from climate-related shocks, with crop insurance claims reaching Sh80.4 million and livestock insurance claims at Sh16.9 million. The group's crop insurance coverage grew 83% year-on-year, covering 294,799 farmers in 2025 compared to 161,521 in 2024.
Capital markets executives from across Africa will congregate in Nairobi for the first time on the continent for the inaugural Africa Capital Week this August.
Absa Group plans to increase its stake in Absa Bank Kenya to as much as 85% through a $238 million tender offer, offering 34.50 Kenyan shillings per share to buy shares from minority investors. The South African bank says Kenya is strategically important and intends to maintain the bank's Nairobi Securities Exchange listing after the transaction.
Six coastal counties under Jumuiya ya Kaunti za Pwani have unveiled a $1.2 billion (Sh156 billion) blue economy multi-agency action plan for 2026 to 2030, focusing on sustainable investment in fisheries, ports, maritime transport, tourism and green energy. The plan was launched at the eleventh Our Ocean Conference in Mombasa and aims to drive sustainable economic growth and inclusive development across coastal counties.
Kenya's TRIFIC Green USD I-REIT, a dollar-denominated real estate investment trust, was oversubscribed by 3 per cent, raising Sh4 billion against a subscription offer of Sh3.9 billion, reflecting investor appetite for hard-currency returns as the shilling faces pressure. The fund will list on the Nairobi Securities Exchange on June 29 and expects to pay investors an annual return of about 8 per cent in dollars.
Treasury Cabinet Secretary John Mbadi delivered the 2026-27 budget speech at Parliament, addressing cost of living, employment, and growth, while highlighting achievements in economic growth, agriculture, health, and housing. The opinion piece critiques the budget's presentation and notes missing indicators such as productivity.
Kenyan workers earning below Ksh.30,000 monthly will not receive the anticipated PAYE tax exemption in the 2026/2027 Budget, despite promises by President Ruto and Treasury CS John Mbadi. The relief had been expected by more than one million employed Kenyans.
Family Bank has received formal approval from the Capital Markets Authority to list on the Nairobi Securities Exchange by way of introduction, allowing current shareholders and other investors to trade the bank's shares and establishing a fair price for them.