Wealth that can’t survive one unexpected hit isn’t wealth- it’s theatre. Alfred Gachaga, the Founder of GRC Apex, writes. When I was a young man, full of ambition and reeking of cheap cologne, I thought making money would feel as glamorous as it looked on TV. And guess what? It does feel amazing. Making money is fun.…
Buying land in Kenya is one of the biggest investments that can quickly turn into a very risky endeavor when done without due diligence, writes Lulu Kiritu, Content Manager & Public Relations Specialist at BuyRentKenya. Kenya’s real estate boom has brought tremendous opportunities, but it has also opened doors for fraudsters and con artists. Without…
Mamo Mihretu has stepped down as Governor of the National Bank of Ethiopia (NBE), ending a 32-month tenure that redefined the country’s monetary policy and financial regulation. Mihretu said he is leaving to “pursue other passions and tackle other challenges.” “On leaving the NBE today, I am confident that the vision of a modern central…
When Kenya’s residents use their phones to order groceries, electronics or fashion items, few think about the warehouses and logistics hubs humming in the background. In Africa, warehouse occupancy rose to to 83% in the first half of 2025, up from 75% a year earlier. “The demand is outpacing supply, especially for Grade A warehouses that can…
Kenya’s bankers have agreed to implement the Central Bank of Kenya’s revised risk-based credit pricing model, a reform that will overhaul how loans are benchmarked and priced in the market. The shift from a CBR-based to a market-driven benchmark is aimed at fairer loan pricing, rewarding creditworthy borrowers, and sharpening competition among lenders. Banks will…
Africa is losing out on billions of dollars each year by shipping out raw cocoa, gold, and cashews instead of turning them into chocolate, refined bullion, and packaged nuts, experts have warned at a major global finance summit in London. “Why should Africa keep exporting raw cocoa when the world craves chocolate? Why send raw…
Two Nairobi Securities Exchange-listed firms have announced leadership changes at the top of their boards, ushering in new chairpersons effective September 2025. For real time market updates and analysis, join our WhatsApp Channel. Etemesi, a career banker with more than three decades of international experience across Africa, Asia, and the Middle East, was cleared by…
The Nairobi Securities Exchange (NSE) All Share Index, which tracks all stocks listed and market cap weighted, is having its strongest year since its inception in 2008, lifted by record index gains, expanded market capitalization, and renewed foreign investor flows. Foreign investors returned strongly in August. After a July outflow of KSh 524.1 million, August…
The Central Bank of Kenya (CBK) has accepted only KSh 2.40 billion from the reopening of the 30-year Savings Development Bond (SDB), SDB1/2011/030. Bond SDB1/2011/030 (30-Year) Amount Offered KSh 20.00Bn Bids Received KSh 8.07Bn Amount Accepted KSh 2.40Bn Performance Rate 40.35% Average Accepted Yield 13.96% Coupon Rate 12.00% The weak subscription underscores a sharp contrast…
The Controller of Budget has advised the National Treasury to fast-track verification and settlement of more than half a trillion shillings in pending bills, as mounting arrears continue to choke private sector cash flows and undermine business confidence. Development arrears, largely owed to contractors and suppliers, account for KSh250.5 billion. State corporations dominate the ledger,…