NSE CEO Frank Mwiti. Photo/Courtesy

NSE half-year profit jumps 386pc on Safaricom block trade, IPO revival

NSE profit jumps 386% to Ksh 736.9 million in first half of 2026. Safaricom’s Ksh 204.3 billion block trade drives a major revenue boost. IPO activity returns as equity turnover and data revenue also surge. The Nairobi Securities Exchange (NSE) recorded a sharp rise in profitability for the first half of 2026, with net profit…

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KPC depot/photo courtesy

High Court blocks privatization of Kenya Pipeline Company

The High Court in Nairobi has temporarily stopped the government from privatizing the Kenya Pipeline Company (KPC). Justice Bahati Mwamuye issued the conservatory order on August 15, 2025, halting any sale, transfer, or disposal of KPC shares until a petition challenging the move is fully heard. “Pending the inter partes hearing and determination of the…

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