Markets
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African Startups Debt Financing up 91% to $1.8 Billion in 2025
African startups increased their use of debt financing in 2025, even as venture capital equity funding slowed. According to a…
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KCB, Co-op Bank Rating up B3 on Stable Shilling, Bad Loans Decline
Kenya’s KCB Bank Kenya, Equity Bank Kenya and Co-operative Bank of Kenya have received an upgrade in their credit rating,…
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Equity, KCB Bank Slash Lending Rate After CBR Revision
KCB Bank, Equity Bank and NCBA have reduced their base lending rates to 8.75%, extending the pass-through of the Central…
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CMA Okays 5 Companies to Operate in Kenya
By Roxane Okeke The Capital Markets Authority (CMA) has approved several new licence applications for firms seeking to operate as…
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CIC Insurance Sells Ksh.1.8 Billion in Assets to Stay Afloat
CIC Insurance Group Plc has announced the sale of land assets in both Kiambu and Kajiado counties to stay liquid…
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Banks Cornered as CBK Trims Benchmark Rate to 8.75%
The Central Bank of Kenya (CBK) has cut its benchmark lending rate by 25 basis points to 8.75%, defying calls…
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Ziidi Trader Processed Record 55% of Share Trading on NSE
Safaricom’s new M-Pesa trading app, Ziidi Trader, processed 55% of all share orders at the Nairobi Securities Exchange (NSE) on…
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Local Investors to Trade NSE Shares Via M-Pesa
Safaricom has introduced Ziidi Trader, a new feature within the M-Pesa app that allows users to buy and sell shares…
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CBK Urged to Retain Benchmark Rate During RBCPM Implementation Phase
The Kenya Bankers Association (KBA) has urged the Central Bank of Kenya (CBK) to retain the benchmark lending rate at…
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List of Top Richest Individuals on NSE in January
The Nairobi Securities Exchange (NSE) closed 2025 with gains across its main indices, supported by a recovery in large stocks…
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