Duncan Muema

Safaricom slashes interim dividend amid market challenges

Safaricom has declared an interim dividend of KES 0.55 per share, totaling KES 23.03 billion,…

BAT Kenya’s profits drop by 19.2% in 2023

British American Tobacco (BAT) Kenya Plc, the leading tobacco company in Kenya, reported a 19.2%…

Investors confidence surge with Kenya’s Eurobond repurchase plan

The government has proposed repurchasing some of its Eurobond tenders valued at USD 2 billion…

Kenya receives $70 million to enhance move towards 100% clean energy

Kenya is poised to receive a substantial boost of USD 70 million from the Climate…

Côte d’Ivoire makes historic debut in international Eurobond market

Côte d'Ivoire has made history as the inaugural Sub-Saharan African nation to venture into the…

Kenya gets KES 33 billion loan from TDB amid Eurobond repayment struggles

Kenya has secured a USD 210 million loan which is equivalent to KES 33 billion…

Badili company secures funding for affordable refurbished phones

Kenyan startup Badili, specializing in providing affordable refurbished phones, has successfully secured an undisclosed amount…

Impact of govt borrowing on Kenya’s interest rates

Kenya experienced a noteworthy surge in interest rates in 2023, as the 91-day paper rates…

Assessing Kenya’s economic trends in 2023

In 2023, Kenya experienced an economic growth of 5.5%, marking a decline from the 6.0%…

World Bank lauds Kenya’s economic resilience in 2023

  Kenya's economy demonstrated significant resilience in 2023, registering a 5.0% GDP growth, surpassing the…

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