Author: Muindi

Education has always been an equaliser and a key to unlocking individual and communal success, especially for those in the remote parts of the country. Digital Access Transforms Education in Remote Isiolo County With the Competence-Based Curriculum (CBC) heavily reliant on electronic learning, access to a telecommunications network and a connection to the information superhighway is now a critical component in the journey to literacy. Gotu Primary School Teachers Recall Life Before Internet For students and teachers at Gotu Primary School deep in Isiolo County, life before the arrival of the network was tough as Teacher Maina recalls. “I was…

AA Kenya is set to join the Nairobi Securities Exchange (NSE) after shareholders approved a listing by introduction, marking a major milestone in the organisation’s transformation from a member association into a fully listed mobility services company. This move comes as AA Kenya continues to strengthen its position as the leading mobility service provider in Kenya, operating over 60 branches in all major towns nationwide and delivering a wide range of mobility solutions to individuals, businesses, and institutions. What Listing by Introduction Means A listing by introduction allows a company to join the stock exchange without issuing new shares to…

Kenya Airways PLC has issued a profit warning for the financial year ending 31 December 2025, cautioning that earnings will fall by at least 25% compared to 2024. The carrier expects its net profit to drop by at least 25%, or roughly KSh 1.35 billion, compared to the KSh 5.4 billion net profit reported in 2024. The caution reflects sharp reductions in passenger traffic, grounded aircraft, and global supply‑chain pressures that have hit many airlines worldwide but are proving especially damaging for KQ. What Went Wrong: Grounded Planes and Falling Demand In the first half of 2025, KQ posted a…

The National Social Security Fund (NSSF) has signed a Kes 1.6 billion share purchase agreement with Kalahari Cement, ceding a 27% stake in East African Portland Cement Plc (EAPC). Under the agreement, Kalahari Cement will acquire 24.3 million ordinary shares at Kes 66 per share, subject to regulatory approvals. Strategic Investment The transaction will give Kalahari Cement effective control of EAPC, though the firm has confirmed it will not pursue a takeover offer. Kalahari Cement is a subsidiary of Amsons Group, a pan-African energy and manufacturing conglomerate. The deal follows Kalahari’s recent acquisition of a 29.2% stake in EAPC from…

The Capital Markets Authority (CMA) has launched an expanded investigation into Uchumi Supermarkets, intensifying scrutiny of the troubled retailer after investor and lawyer Francis Njoroge Wanjiku filed a formal complaint over board conduct, disclosures, and regulatory compliance. In its response to the Commission on Administrative Justice (CAJ), CMA flagged delayed audits, weak governance structures, and stalled progress on Uchumi’s Company Voluntary Arrangement (CVA). The regulator confirmed it is conducting a fresh assessment of the retailer’s board effectiveness, financial reporting history, operational disclosures, CVA commitments, and ongoing litigation, including disputes linked to the Kasarani Mall property. CMA noted that Uchumi has…

East African Breweries Plc (EABL) successfully listed the first tranche of its Medium-Term Note (MTN) Programme on the Nairobi Securities Exchange (NSE), raising KES 16.76 billion. Strong Investor Demand The issuance closed 154% oversubscribed, signalling renewed investor confidence in Kenya’s capital markets. This tranche is part of EABL’s KES 20 billion MTN Programme, designed to fund operations and regional expansion. Absa Bank Kenya, the lead arranger, highlighted the outcome as proof of Kenya’s financial ecosystem strength and investor sophistication. This morning, we proudly hosted a Bell Ringing Ceremony to commemorate the listing of the first tranche of the East Africa…