Shares of WPP Scangroup Plc edged higher this week after the company unveiled sweeping board changes ahead of a high-stakes shareholder showdown scheduled for next month. The WPP Scangroup share price climbed 4.76% over the last three trading sessions to KES 2.20 from KES 2.10, as investors reacted to the appointment of three new non-executive…
Kenyans woke up on May 15 to fuel prices that have never been seen before. The Energy and Petroleum Regulatory Authority (EPRA) announced its latest monthly review, and the numbers were stunning: diesel in Nairobi is now priced at Ksh 242.92 per litre, up Ksh 46.29 in a single cycle, while petrol climbed to Ksh…
Kenya’s Finance Bill 2026 is making its way through Parliament, and the closer people look, the more they are pushing back. Tabled in late April 2026, the bill is designed to raise approximately KSh 120 billion in additional revenue for the 2026/27 financial year. Unlike the explosive 2024 version that triggered Gen Z-led protests and…
I&M Bank Kenya is in the market with one of the most closely watched corporate bond offers of 2026. This is a KSh 10 billion fixed-rate note that could balloon to KSh 13 billion if the full 30% greenshoe option is exercised. The offer opened on April 30 and closes at 5:00 pm on May…
Safaricom released its FY2026 results on 7 May 2026, reporting its strongest financial performance in years. Net income attributable to shareholders reached a record KSh 100 billion, up 67.3% year-on-year. Group EBITDA margin came in at 51.5%, the first time it has exceeded 50% since Safaricom entered Ethiopia. The board recommended a final dividend of…
Kenya Pipeline Company (KPC) share price faces its first open since the arrest of its managing director, with the stock already trading below its March IPO price before the scandal broke. The Directorate of Criminal Investigations arrested KPC Managing Director Joe Sang, Petroleum Principal Secretary Mohamed Liban, EPRA Director General Daniel Kiptoo, and senior official…
Kenya Airways stock has quietly become one of the hottest counters on the Nairobi Securities Exchange in 2026, rising 55% year-to-date to KES 5.48 as of Thursday’s close, even as the airline posted its worst financial loss in recent history. The question for retail investors eyeing KQ shares is whether this is a moment to…
Kenya’s inflation edged higher in March 2026, reversing two months of easing, as the Central Bank of Kenya’s Monetary Policy Committee (MPC) prepares to meet on Wednesday, April 8. The timing could not be more loaded. With global oil prices surging on the back of the Iran-Israel conflict, analysts widely expect the CBK MPC to…
Kenya Airways has slipped back into the red. The national carrier posted a net loss of KSh 17.12 billion for the full year ended December 2025, a sharp reversal from the KSh 5.4 billion net profit it reported in 2024, its first in over a decade. This time, however, management is insistent that the damage…
Brent crude oil, the global benchmark that determines what Kenya pays for every litre of imported fuel, has surged more than 21% in the space of a single week in March 2026, driven by escalating conflict in the Middle East and disruptions to tanker traffic through the Strait of Hormuz. Analysts say an April fuel…
