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NMG new majority owner pledges to uphold journalistic standards

Tanzania, March 12 -- Nation Media Group's new majority owner, businessman Rostam Azizi, has pledged to uphold the journalistic standards and editorial traditions that have built the legacy of public ... Read More


NMG share gains 28.3pc in two days after stake sale news

Tanzania, March 12 -- The Nation Media Group (NMG) share has gained 28.3 percent in two trading days following the Tuesday announcement that Tanzanian businessman Rostam Azizi is acquiring a majority ... Read More


NSE sheds Sh132bn in wake of Israel-Iran war

Nairobi, March 5 -- The Nairobi Securities Exchange (NSE) has shed Sh132.74 billion in valuation over the last four days after coming under pressure from selling by local institutional investors who a... Read More


Lower rates save Treasury Sh54bn interest expense on domestic debt

Nairobi, March 4 -- Interest payments on the government's domestic debt fell below estimates by 11.5 percent or Sh54.04 billion in the six months to December 2025, reflecting the benefit accruing to t... Read More


CBK targets Sh15bn in bond switch auction

Nairobi, March 2 -- The Central Bank of Kenya (CBK) has asked investors holding a five-year Treasury bond that matures in November to switch to a longer 15-year paper that has 8.3 years to maturity, m... Read More


Kenya retires Sh54bn Eurobonds early after reducing target

Nairobi, Feb. 28 -- Kenya's $500 million (Sh64.5 billion) Eurobond buyback has fallen short of target by Sh10.92 billion as the government chose to make a smaller early redemption of the debt despite ... Read More


Tax authorities make claims as ARM Cement holds Sh548m

Nairobi, Feb. 26 -- The conclusion of ARM Cement's liquidation has been held up by tax claims by revenue authorities in Kenya, Tanzania and Rwanda, delaying the disbursement of Sh548.8 million ($4.25 ... Read More


BAT dividend payout up 40pc as lower costs boost profit

Nairobi, Feb. 26 -- Cigarette maker BAT Kenya has announced a final dividend of Sh60 per share after its net profit rose 17 percent to Sh5.25 billion in the year ended December 2025 on lower operating... Read More


CBK rapid bond sales to limit upward rates pressure amid higher borrowing

Nairobi, Feb. 25 -- The Central Bank of Kenya's move to fast-track borrowing from the domestic debt in the first half of the fiscal year is likely to minimise pressure on interest rates despite the Sh... Read More


Investors tap gains of up to 28.6pc from 2024 infrastructure bond

Nairobi, Feb. 24 -- Investors holding an 8.5-year infrastructure bond (IFB) are enjoying capital gains of more than 28.6 percent from the sale of the papers on the Nairobi Securities Exchange (NSE), r... Read More