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News

Business Daily
businessdailyafrica.com > bd > markets > capital-markets > safaricom-banks-pay-80-percent-of-nse-dividends-5591052

Safaricom, banks pay 80pc of NSE dividends

2+ day, 17+ hour ago   (959+ words) Screen showing market trends at Nairobi Securities Exchange. Banks and Safaricom accounted for 80.2 percent of the total dividends distributed by companies listed on the Nairobi Securities Exchange (NSE) in the last full financial year, making them out as the best…...

Business Daily
businessdailyafrica.com > bd > lifestyle > music > why-kenyan-firms-pour-millions-into-sponsorships-deals-5589460

Why Kenyan firms pour millions into sponsorships deals

3+ day, 21+ hour ago   (1217+ words) Jazz lovers enjoying performance at Kenny G’s “One Night Only” concert held at the Kenyatta International Convention Centre in Nairobi on September 27, 2025. What connects sponsorship deals in Kenya's live music scene right now is not the size of the cheque…...

Business Daily
businessdailyafrica.com > bd > corporate > health > kenya-reviews-mounjaro-market-entry-5589556

Kenya reviews Mounjaro market entry

3+ day, 19+ hour ago   (526+ words) The Pharmacy and Poisons Board (PPB) has begun reviewing an application to register Mounjaro, a booming once-weekly injectable diabetes drug, for use in Kenya. The application was submitted by Aspen Pharmacare, a South African pharmaceutical company that has an agreement…...

Business Daily
businessdailyafrica.com > bd > markets > capital-markets > state-eyes-sh60bn-in-second-bond-sale-in-september-5589536

State eyes Sh60bn in second bond sale in September

3+ day, 20+ hour ago   (453+ words) The Central Bank of Kenya (CBK) is back in the market with a Sh60 billion Treasury bond sale as the government keeps up its rapid rate of domestic borrowing early in the fiscal year. In the sale, the CBK has reopened…...

Business Daily
businessdailyafrica.com > bd > opinion-analysis > columnists > eac-won-t-be-fully-integrated-until-its-money-moves-freely-5589344

EAC won’t be fully integrated until its money moves freely

3+ day, 22+ hour ago   (668+ words) The EAC headquarters in Arusha, Tanzania. East Africa has made remarkable progress in removing barriers to the movement of goods and people. Today, a truck leaving the Port of Mombasa can travel through regional transport corridors to Kampala, Kigali and…...

Google News
businessdailyafrica.com > bd > corporate > companies > banks-loan-margins-fall-to-10-month-low-on-rate-cuts-5588368

Commercial banks??€?? loan margins fall to 10-month low on rate cuts

4+ day, 20+ hour ago   (737+ words) The gap between what banks operating in Kenya charge on loans and pay on deposits narrowed to a 10-month low of 7.46 percentage points in July as lenders strike a balance between appeasing borrowers and attracting savers. This means that the…...

Business Daily
businessdailyafrica.com > bd > markets > capital-markets > investors-pay-a-premium-to-switch-sh11bn-into-new-bond-5588350

Investors pay a premium to switch Sh11bn into new bond

4+ day, 21+ hour ago   (483+ words) The Central Bank of Kenya. Investors have paid the Central Bank of Kenya (CBK) a premium price to switch their holdings in a bond maturing in February 2028 to benefit from the higher interest rate and preferential tax charge on another…...

Business Daily
businessdailyafrica.com > bd > opinion-analysis > columnists > why-kenya-needs-businesses-that-can-employ-workers-at-scale-5588194

Why Kenya needs businesses that can employ workers at scale

4+ day, 22+ hour ago   (446+ words) Youth who gathered at Uhuru Park in Nairobi to participate in the Unemployed March before police officers dispersed them on October 9, 2019. The linkage between the success of organisations and the teams behind the growth is profound. When you are dealing…...

Business Daily
businessdailyafrica.com > bd > opinion-analysis > letters > the-legal-procedure-to-realising-dangote-oil-refinery-in-lamu-5588116

The legal procedure to realising Dangote oil refinery in Lamu

4+ day, 23+ hour ago   (556+ words) Dangote Industries Limited, led by its Vice-President for Oil and Gas and ultimate beneficial owner, Aliko Dangote, has formally communicated a proposal to construct a greenfield 700,000 bpd petroleum refinery on Lamu Island, Lamu County. Preliminary site selection, geotechnical soil testing,…...

Business Daily
businessdailyafrica.com > bd > opinion-analysis > letters > the-clause-that-could-reshape-kenya-s-sovereign-wealth-fund-5586912

The clause that could reshape Kenya’s sovereign wealth fund

5+ day, 22+ hour ago   (539+ words) Considerable institutional work and due diligence on institutional governance still lie ahead if Kenya’s Sovereign Wealth is to be utilised to deliver the transformation envisaged for the nation. By Peter Odhiambo Achar In an earlier article, I set out perspectives…...