Tullow Oil has agreed to squeeze an additional 9 million dollars, roughly 1.16 billion shillings, out of its Kenya exit deal with Gulf Energy, trading away royalty rights and a stake in future ...
Despite the headline drop, households continue to feel the pinch of rising food costs. Staples such as Irish potatoes and cabbage recorded notable increases, while sukuma wiki (kale) rose by 2.4%. The ...
Electric mobility firm Roam Motors has launched Kenya’s first universal fast‑charging station for light electric vehicles (LEVs), branded Roam Point. The system delivers up to 20 kilometres of range ...
The offer price was set using an earnings‑based valuation methodology anchored on an EV/EBITDA multiple of 8.1x, aligned with regional and global infrastructure peers. Post‑listing, KPC is expected to ...
With shareholder undertakings rising to 77.54%, the bank frames the deal as a “control-and-scale” bet on Kenya’s regulation and growth, valuing NCBA at 1.4x book.
Kenya’s annual inflation rose to 4.4% in March 2026, up from 4.3% in February, as food costs continued to squeeze household budgets, the Kenya National Bureau of Statistics reported on Tuesday. The ...
Kenya’s annual consumer price inflation slowed to 4.4% in January 2026, down slightly from 4.5% in December 2025, according to the Kenya National Bureau of Statistics (KNBS). The decline marks the ...
NCBA Group PLC, a leading financial services provider in East Africa, has received a Strategic Investment Proposal and Notice of Intention (NOI) from South Africa’s Nedbank Group Limited. The proposal ...
Construction of the Standard Gauge Railway (SGR) Phases 2B and 2C—stretching from Naivasha through Kisumu to Malaba—is scheduled to begin in March 2026. The project aims to boost transport ...
Kenya has announced plans to keep its budget deficit at 4.9% of GDP in the 2026/27 fiscal year, broadly in line with the current year’s forecast of 4.8%. The move reflects the government’s ongoing ...
Sun King, the world’s leading off-grid solar energy company, has unveiled a refreshed logo as part of a broader brand transformation. The new identity reflects the company’s growing product ...
The MPC said the move reflects scope for further easing of monetary policy to stimulate private sector lending and support economic activity, while keeping inflation expectations anchored and the ...
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