Safaricom has officially launched Ziidi Trader, marking a shift in how everyday M-PESA users can access the Nairobi Securities Exchange (NSE). Launched at the NSE on February 10, the mini-app allows users to buy and sell listed equities directly inside M-PESA, removing traditional barriers such as separate brokerage onboarding and individual CDS account setup. While…
Kenya Power (KPLC) recorded a profit before tax of KSh 14.83 billion for the six months ending December 31, 2025, up 5.5% from KSh 14.06 billion in the prior period. The increase was driven by higher electricity sales and reduced finance costs, highlighting improved operational efficiency The company’s strong performance has prompted the board to…
Equity Bank stock touched a fresh all-time high at the Nairobi Securities Exchange (NSE) on Monday, underscoring renewed investor appetite for Kenya banking stocks as earnings momentum and corporate deal activity lift the sector. The rally comes amid easing inflationary pressures in Kenya, improving the operating backdrop for lenders even as households continue to feel…
Kenya inflation eased to a six-month low in January 2026, offering cautious relief to households and policymakers as price pressures moderated at the start of the year. The latest data shows inflation holding near the lower end of the Central Bank of Kenya’s preferred target range, even as essential costs continue to weigh heavily on…
Kenya gold investors are turning their attention towards the Absa NewGold ETF (NSE: GLD) following a recent surge in gold prices. While the precious metal has retraced sharply from an all-time high of $5,600 to trade at $5,237 at press time, GLD saw its biggest trading volumes on Thursday and closed the day trading at…
Kenya Airways (KQ) has been one of the best-performing stocks at the Nairobi Stock Exchange this year. The shares opened the year trading at $3.53 and have risen to $5.48 at market close on Wednesday. The surge has been driven by multiple factors, including rumours about a privatization despite Singapore’s Temasek denying interest in the…
NCBA Group is at the center of one of the most consequential banking transactions in East Africa after South Africa’s Nedbank moved to acquire a controlling stake in the Nairobi-listed lender. The proposed deal, which could see Nedbank take roughly 66% ownership, has already moved markets and reignited debate around valuation, foreign ownership, and Kenya’s…
Kenya has launched East Africa’s largest initial public offering (IPO), aiming to raise KES 106.3 billion ($825 million) by selling a 65% stake in Kenya Pipeline Company (KPC), while the government retains 35%. Shares are priced at nine shillings each, with trading set to begin on March 9. The IPO gives Kenyans and regional investors…
