United Bank for Africa Plc (UBA) has announced a $150 million (KES 20.5 billion) commitment to Kenya’s Roads Levy Securitisation Programme, a $1.35 billion initiative designed by the Kenya Roads …
Kenya
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BankingEastern AfricaEconomyInfrastructureInternational RelationsKenyaNigeriaTrade
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African DevelopmentDebt Management,EconomyGovernanceInternational AffairsKenyaPublic Finance
Kenya to Rely More on Domestic Borrowing as Public Debt Hits KSh 11.8 Trillion
Kenya has announced that it will raise almost two-thirds of its net borrowing for 2025 from the domestic market, as the government seeks to manage its rising debt and reduce …
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BusinessCapital MarketEconomyFinanceForeign ExchangeINVESTMENTKenyaStock Market
Foreign Investors Return Strongly to Nairobi Stock Market with Four-Year High Purchases
Foreign investors have shown renewed confidence in Kenya’s capital market after years of weak participation, as their purchases of shares at the Nairobi Securities Exchange (NSE) hit a four-year high …
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AccountabilityGovernanceHealthKenyaPolitics
Ruto Warns Looters of SHA Supplies as MPs Push for Speaker Aden Duale’s Exit
Kenya’s President William Ruto has issued a strong warning to those accused of stealing medical supplies from the State House of the Aged, saying they will face the full weight …
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BusinessEconomyInfrastructureKenyaTechnologyTelecommunications
Meta Partners with Safaricom on $23 Million Subsea Cable Project to Boost Internet in East Africa
Facebook’s parent company, Meta, has entered into a partnership with Safaricom, Kenya’s largest telecom operator, to invest in a new subsea fibre-optic cable project that will connect East Africa to …
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BankingBusinessEconomyFinanceKenyaRegulation
Central Bank of Kenya Rejects Exemptions on Staff Loans Under New Pricing Formula
The Central Bank of Kenya (CBK) has rejected requests to exempt bank staff loans from its new loan pricing system, insisting that all borrowers must operate under the same rules. …
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Banking, Finance & InvestmentEconomyFinanceKenya
Kenya’s Banking Giants Post Strong Half-Year Results, Boost Investor Confidence
Kenya’s banking sector has delivered a solid set of half-year 2025 results, with leading lenders reporting steady profit growth, generous interim dividends, and continued strategic expansion in high-demand sectors such …
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Kericho County’s political tensions have escalated after Members of County Assembly (MCAs) accused Governor Erick Mutai of using calls to dissolve the county government as a ploy to dodge accountability …
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BankingFinance & ServicesGovernanceKenyaRegional CooperationRegulation
CBK to Launch Deposit Guarantee Fund to Protect SACCO Depositors
The Central Bank of Kenya (CBK) has announced plans to set up a Deposit Guarantee Fund (DPF) worth KSh180 million to protect members of Savings and Credit Cooperative Societies (SACCOs) …
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EnergyFinance & ServicesGovernanceKenyaOil & GasRegulation
Auditor General Questions Fuel Subsidy Payments and G-to-G Oil Deal in Kenya
The Auditor General of Kenya has raised serious concerns over the fuel price stabilization program and the Government-to-Government (G-to-G) petroleum importation scheme carried out during the 2023/2024 financial year. In …