News
Liaison CEO, Tom Mulwa Appointed NSE Chairman
52+ min ago (248+ words) The Nairobi Securities Exchange Plc has appointed Tom Mulwa as Chairman of its Board effective 13 July 2026, replacing Kiprono Kittony who retired as Chairman and Independent Non-Executive Director effective 12 July 2026. NSE said he built the firm from a small insurance broker…...
Bonfire Adventures' Founders Feud Over Lucrative Phone Numbers
4+ hour, 24+ min ago (438+ words) For years, the 48 Safaricom phone numbers quietly connected thousands of Kenyans and foreigners booking holidays, making travel enquiries and paying for dream vacations with Bonfire Adventures. What would ordinarily be viewed as simple mobile phone lines have become the latest…...
Emirates Adds Third Daily Nairobi-Dubai Flight
6+ hour, 8+ min ago (222+ words) The Kenyan Wallstreet Emirates Adds Third Daily Nairobi-Dubai Flight Emirates has added a third daily flight on the Nairobi-Dubai route, bringing its total weekly flights to 21 after the first plane on the new schedule landed at Jomo Kenyatta International Airport…...
Nairobi to Host the Capital & Legacy Forum in November
6+ hour, 8+ min ago (202+ words) Nairobi will host the Capital & Legacy Forum in November as Africa's private wealth industry undergoes a period of rapid evolution, driven by the growth of family-owned businesses, rising entrepreneurial wealth and increasing cross-border investment across the continent. The event comes…...
Kenya Woos Investors in KSh1 Trillion Agriculture Plan
6+ hour, 10+ min ago (455+ words) Kenya has launched a KSh1. 08 trillion five-year investment plan to overhaul its agricultural sector, betting that private investors will finance nearly half the cost of the ambitious program. "Africa has no shortage of strategies or commitments. What is needed now is…...
Inside the Wealth Table: The Private Room Where African Women Are Moving From Networking to Ownership
6+ hour, 54+ min ago (999+ words) Radiant Collective brings its inaugural Wealth Table" to Nairobi " and with it, a direct challenge to how Africa thinks about women, capital, and who gets to own what the continent builds next. NAIROBI, June 13, 2026 " It did not look like a…...
Olympia Capital FY26: Profit Down 41%, Assets at Record High
23+ hour, 2+ min ago (256+ words) Listed industrial and property holding company Olympia Capital Holdings reported a 40. 7% decline in full-year profit to KSh 10. 45 million for the year ended 28 February 2026, as lower revenue and sharply higher finance costs outweighed an improvement in gross margins. Profit attributable to…...
Africa Tops Global Air Traffic Growth, But Booking Risks Loom
23+ hour, 20+ min ago (278+ words) African airlines were the silver lining in an otherwise turbulent global aviation market, booking the strongest traffic growth worldwide in May 2026. According to the latest industry-wide air passenger market analysis, global passenger traffic contracted by 2. 2% Year-on-Year (Yo Y) in May. While…...
Vodacom Finalizes KSh 272 Bn Safaricom Go K Stake Deal
1+ day, 5+ hour ago (310+ words) Vodacom Group has completed its acquisition of an additional 20% effective stake in Safaricom, giving the South African company a 55% majority control of one of Africa's largest telecoms, fintech and technology businesses. The completion follows a six-month process that began in…...
Centum Sells 60% of Nabo Capital to Rock Investment Bank
1+ day, 5+ hour ago (237+ words) The Kenyan Wallstreet Centum Sells 60% of Nabo Capital to Rock Investment Bank Centum Investment Company PLC has sold a 60% stake in fund manager Nabo Capital Limited to Rock Investment Bank, cutting its ownership in the fund manager to 40% and changing…...