Kepha Muiruri

When the Business Daily exclusively broke the news of Abdi Mohamed's departure from his post as chief executive officer (CEO) of Absa Bank Kenya, the reaction from the financial and banking sector was telling.

Local pension funds have participated in Kuramo Capital Management's latest Sh64.5 billion ($500 million) fundraiser, underlining the private equity firm's diversification of sources of capital away from the US market.

The Capital Markets Authority (CMA) has warned managers of the fast-growing special funds against unethical marketing, including advertising of high

If enacted, the change will place EADB funding decisions under the same parliamentary scrutiny increasingly being applied to other major public borrowing, sovereign guarantees and international financial commitments.

Pension schemes minted a record Sh16.6 billion in gains from disposal of government bonds and listed stocks in 2025, cashing in on the higher prices of the assets.

The World Bank, while crediting creation of the fund as positive, however, calls for sustained structural and governance reforms to ensure strong growth and employment creation.

World Bank, while crediting creation of the fund as positive, however, calls for sustained structural and governance reforms.

Kenya is aiming to raise Sh129.2 billion ($1 billion) from the issuance of sustainability-linked instruments, including loans and bonds, over the next two years as the country pushes for cheaper financing options.

Scroll down to read the article Construction of a section of the Rironi–Mau Summit Road at Gilgil on July 2, 2026.

From year 14, Kenya was also expected to cover the toll shortfall in the event that fewer cars use the highway, tilting the deal in favour of the consortium.