The Nairobi Securities Exchange (NSE) closed the week on a positive gain with broad-based gains recorded across major indices. The Nairobi All Share Index (NASI) closed at 210.37 points, up 2.3% from the preceding week, driven by gains in large-cap...

The Central Bank of Kenya (CBK) Treasury Bills Auction in week 23 posted a strong performance, attracting applications worth more than double the target amount. The CBK received bids worth KES 54.6 billion against an offer of KES 24.0 billion...

Britam Holdings Plc has officially launched its 2025 Sustainability Report, titled Shaping a Sustainable Future Together, marking the final chapter of its OneBritam cycle and a transition toward "ASCEND" 2026–2030 strategy. The report highlights a shift for the Group, moving...

Sanlam Allianz Holdings (Kenya) PLC has appointed Dr. Martin Oduor-Otieno as the company’s Board Chairman effective June 4, 2026. The appointment follows the retirement of Dr. John Simba, who served as the company’s Board Chairman and Non-Executive Director for more...

The Nairobi Securities Exchange (NSE) closed today’s session on a positive note, with all key indices recording broad-based gains. The Nairobi All Share Index (NASI) closed at 209.40 points, up 0.6% from the previous session, supported by gains in large-cap...

The Kenya Bankers Association (KBA) has called on the Central Bank of Kenya (CBK) to raise the policy rate in its Monetary Policy Committee (MPC) meeting scheduled for June 9, 2026, citing rising inflationary pressures driven by higher oil prices,...

The headline Stanbic PMI (Purchasing Managers’ Index) plunged to 46.6 in May 2026, still struggling to cross the critical 50.0 neutral threshold. This represents a sharp drop from the 49.4 recorded in April and marks the quickest decline in the...

Absa Bank Uganda has received approval of the Bank of Uganda (BoU) to acquire Standard Chartered Bank Uganda’s wealth and retail banking business. The clearance follows StanChart’s announcement in 2024 that it was exploring the divestment of its wealth and...

Spiro has secured a landmark $215 million (approximately KES 28 billion) equity funding round to accelerate the expansion of its electric vehicle (EV) and energy infrastructure across Africa. This significant capital injection, backed by major institutional investors including Impact Fund...

Pan-African lender Ecobank Group has launched the world's first International Capital Market Association (ICMA) commercial bank-issued Nature Bond on the London Stock Exchange, marking a major milestone in sustainable finance, while positioning Africa at the center of global efforts to...

PayPal has initiated a compliance crackdown in Kenya, resulting in frozen funds and permanently deactivated accounts for a wide range of users, including freelancers, startups, and creative artists. This action is part of the company's global anti-money laundering (AML) and...

Equity Group Holdings has signed an agreement with the International Trade Centre (ITC) aiming to support economic development across East Africa, targeting MSMEs in the coffee, leather and creative industries. The collaboration brings together ITC’s expertise and Equity Group’s financial...