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
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
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
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
Nairobi, Feb. 23 -- Airtel Uganda has raised its dividend payout by 41.5 percent to Sh0.41 per share (USh11.15) for the year ending December 2025 from Sh0.28 (USh7.88) a year earlier, after its profit... Read More
Nairobi, Feb. 23 -- Taxpayers have incurred a cost of Sh7.3 billion as an incentive offered to investors for early buyback of two existing Eurobonds and issuance of longer-term replacement bonds to fu... Read More
Nairobi, Feb. 20 -- Kenya has raised $2.25 billion (Sh290.3 billion) in a new Eurobond issuance whose proceeds will go towards refinancing existing loans worth $500 million (Sh64.5 billion) and contri... Read More
Nairobi, Feb. 18 -- Kenya is offering a price premium of up to 5.5 percent to buy back up to half a billion dollars (Sh64.5 billion) of its existing two Eurobonds in efforts to ease financing pressure... Read More
Nairobi, Feb. 15 -- The Central Bank of Kenya (CBK) is expecting diaspora remittances to grow by four percent to $5.24 billion (Sh676 billion) this year, backed by a recovery in inflows from Saudi Ara... Read More
Nairobi, Feb. 15 -- The Nairobi bourse has notched up the biggest one-week gain on record, capping off a period that left investors Sh220.24 billion richer. Market capitalisation-the measure of inves... Read More