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Safaricom sale, World Bank loan lift forex reserves to Sh1.99trn

Nairobi, Aug. 3 -- Vodacom and the World Bank have wired a combined Sh337.6 billion into government accounts, helping lift Kenya's foreign exchange reserves to a record $15.4 billion (Sh1.99 trillion)... Read More


African sovereign wealth funds: The newest, most consequential institutional investors

Nairobi, Aug. 3 -- Over the past decade, Africa's sovereign wealth funds (SWFs) have quietly evolved from symbolic fiscal policy instruments into some of the continent's most consequential institution... Read More


Airtel, Safaricom locked in business wallet price war

Nairobi, Aug. 3 -- Airtel on Monday launched a product to rival Safaricom's Pochi la Biashara, triggering a price war that has cut the cost of customer transfers to micro-businesses' wallets to zero. ... Read More


'I'm worse than a mule': The reserved CEO with an iron will

Nairobi, Aug. 2 -- There are lessons Kieran Godden tells about his life. Don't go to a foreign country if you don't know exactly where you're going. Food at Cinque Terre in Italy is best served outdoo... Read More


Nabo Capital to operate independently after buyout by Rock Investment Bank

Nairobi, Aug. 2 -- Fund manager Nabo Capital will continue operating as an independent entity even after its acquisition by Rock Investment Bank in June. The leadership of the acquirer says both enti... Read More


Pharmacy-clinic model reshapes primary healthcare in Kenya

Nairobi, Aug. 2 -- For a long time, seeking medical care in Kenya meant travelling to a hospital or health centre and spending hours in queues before seeing a clinician. For many people, particularly... Read More


Kenyan retail investors buy Sh836m KCB shares

Nairobi, Aug. 2 -- Local individual investors bought additional 9.72 million shares of KCB Group with a current market value of Sh836.3 million in the three months to June 2026, lifting their stake in... Read More


Debt repayments and pensions eat up half of revenues

Nairobi, Aug. 2 -- Spending on public debt repayments and pensions has for the first time gobbled up half of Kenya's domestic revenues in the year to June 2026, underlining the burden of loans and tak... Read More


Unofficial investors in Kenyan farms

Nairobi, Aug. 2 -- There is a precise science to planting maize. You wait for the rains, spend a small fortune on certified seed and DAP fertiliser, hire a tractor to plough the land, and break your b... Read More


BAT Kenya faces Sh4.5bn suit over VELO marketing campaign

Nairobi, Aug. 2 -- British American Tobacco (BAT) Kenya faces a constitutional petition seeking Sh4.5 billion from the cigarette maker for reportedly unlawfully promoting its VELO nicotine pouches and... Read More