Central Bank of Kenya (CBK) prepares to unveil a new loan pricing model in April 2025. This highly anticipated move comes amid growing concerns about high borrowing costs and lack of transparency in how banks determine interest rates. But what exactly will this new model entail, and how will it affect millions of Kenyan borrowers?…
Global food prices have risen sharply, driven by significant increases in the cost of sugar, dairy, and vegetable oils. According to the latest data from the Food and Agriculture Organization (FAO), this upward trend in food prices is putting pressure on consumers, businesses, and governments alike. But what’s behind this surge, and how will it…
Mobius Motors, the homegrown vehicle manufacturer known for its rugged, affordable cars, has been acquired by Silver Box, a Middle Eastern investment firm. Mobius Motors has been a symbol of Kenyan innovation and industrial ambition. But what does this deal mean for Kenya’s automotive industry, the future of Mobius Motors, and the broader economic landscape?…
Kenya’s cryptocurrency landscape is at a pivotal moment as the government introduces the Virtual Asset Service Provider (VASP) 2025 Bill. This proposed legislation aims to regulate the rapidly growing crypto industry, providing a framework for oversight and consumer protection. However, the bill also raises important questions about its potential impact on innovation, investment, and financial…
In 2024, Africa’s private capital investment landscape has seen remarkable growth, with Kenya and South Africa emerging as the continent’s frontrunners. These two nations have become the epicenters of venture capital, private equity, and other forms of private investments, driving innovation, job creation, and economic transformation. But what’s behind this surge? Why are Kenya and…
In today’s fast-paced financial landscape, two powerful models have emerged as game-changers for underserved populations: microfinance and digital banking. Both aim to bring financial services to those excluded from traditional banking systems, but they do so in fundamentally different ways. As technology advances and the demand for inclusive financial solutions grows, the question arises: What…
Nairobi Kenya: The Nairobi Securities Exchange (NSE) has set an ambitious target to bring in 9 million retail investors over the next five years. The plan, launched in early 2024, seeks to revive activity in the stock market by making investments more accessible to ordinary Kenyans and the diaspora. Currently, out of the 1.5 million…
Nairobi Kenya: Kenya Power has announced a net profit of KSh30.08 billion for the financial year ending June 2024, marking a dramatic turnaround from a net loss of KSh3.19 billion recorded in the previous year. This significant recovery has enabled the utility firm to declare a dividend of KSh0.70 per share, the first such payout…
