Tullow Plc has agreed to sell all its Kenyan oil assets through its subsidiary – Tullow Overseas Holdings BV to Auron Energy E&P Ltd, an affiliate of Gulf Energy Ltd, for at least $120 million (KES 15.5B). The upstream oil...

Eaagads Limited showed its strength and focus by achieving steady growth for the year ending 31 March 2025. Despite challenges like global economic uncertainty, changing exchange rates, and climate issues affecting farming, the company stayed on track with its goals...

NCBA, in partnership with the Kenya Association of Manufacturers (KAM), has today hosted a CEOs breakfast forum, themed “Unlocking Growth in Manufacturing through Value Chain Financing” in Nairobi. NCBA Group Director Corporate and Investment Banking Advisory, Tirus Mwithiga emphasized on...

Agha Khan holds a majority of shares in 54.08% of the Nation Media Group (NMG), East Africa's largest media house.

Tanzania recently decided to reserve small businesses for its citizens, so as to safeguard them from foreign market interference. This stand has made advocates in Kenya together with business leaders in East Africa protest against this new policy. The directive...

Kenya is now in step with World Bank`s essential financing condition, making a step closer to unlock KES 97 billion frozen by the world bank, after President William Ruto assented to a conflict-of-interest bill, that seeks to put restraints on...

The privatization of the Kenya Pipeline Company (KPC) has been approved by the Cabinet, advancing the company's listing on the Nairobi Securities Exchange (NSE) - a move that is in line with the government’s initiative in institutional reforms aimed at...

Local corporate investors have continued to hold a greater share of equities at the Nairobi Securities Exchange (NSE) than local individuals, after shifting their investments from treasury bills and bonds. Share of equities trading controlled by local institutional investors jumped...

The Central Bank of Kenya (CBK) has withdrawn its proposal to control lending through the Central Bank Rate (CBR), conceding to commercial banks' preference for using the interbank rate as the basis for determining borrowing costs. According to a CBK...

There was a slight improvement today's trading on Nairobi Securities Exchange (NSE) the with gains from the key indices, the volume of shares traded improved by 101%, from 18,334,600 shares traded yesterday to 36,941,200 shares exchanging hands today. There was...

Foreign investor participation at the Nairobi Securities Exchange (NSE) increased to an average of 46.88% in the second quarter of 2025. Relative to the same period last year, the participation by foreigners declined by 10.41% from 57.29%. Data from the...

Williamson Tea Plc is at a standstill targeting approval from the Capital Markets Authority (CMA) to offer 17.51 million new shares to its current shareholders at a price of Sh5 per share. The tea processor and exporter will offer 17,512,640...