29 Sept 2026, 12:52 UTC≈1,090 views5 reactionsread 30 September 2026 Photo
Aliko Dangote said the planned Lamu refinery will be built faster than Uganda’s proposed refinery, warning African governments against relying on investment promises that fail to materialise.
“By the time we are done with Lamu, it will be the fastest refinery to be built,” he said, adding that when Lamu begins operations he expects little physical progress to have been made on Uganda’s project.
Uganda selected UAE-…
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29 Sept 2026, 12:52 UTC914 views3 reactionsread 30 September 2026 Photo
Aliko Dangote said the planned Lamu refinery should ultimately be listed on the Nairobi Securities Exchange, arguing that African companies and investors should rely more on the continent’s own capital markets.
“If the Lamu refinery has to be listed, it should be on the NSE,” he said, dismissing suggestions that Dangote businesses should instead seek listings in New York.
“This is an African company to benefit Afri…
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29 Sept 2026, 12:52 UTC774 views6 reactionsread 30 September 2026 Photo
Aliko Dangote has played down the Lamu land dispute, saying legal challenges are not unusual for the group.
“This is normal for us in Africa. In fact, this is small,” he said, adding: “In Senegal they stopped our factory. We went to the Supreme Court… anyone who wants to cause trouble, we are ready.”
The Malindi Environment and Land Court ordered the status quo maintained on LR No. 13061 until 14 October, but decli…
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29 Sept 2026, 05:20 UTC≈1,060 views4 reactionsread 30 September 2026 Photo
Kenya's credit reference bureaus have ended data-sharing partnerships with 621 non-deposit-taking saccos in 2025, cutting third-party data sources feeding the bureaus by 30% to 2,241 from 2,824.
Even after the cuts, non-deposit-taking saccos remain the largest category of third-party sources at 63%, ahead of trade companies and insurance providers.
Meanwhile, banks' credit-report requests hit a record 47.3 million,…
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29 Sept 2026, 04:15 UTC≈1,030 views2 reactionsread 30 September 2026 Photo
Equity Group is no longer just a Kenyan bank.
With 51.7% of its Q1 2026 profit before tax now coming from operations outside Kenya, the group is building a much broader African financial services ecosystem.
Beyond traditional banking, Equity has expanded into telecom through Equitel, payment infrastructure through Jenga, cross-border remittances and insurance.
Its non-banking businesses generated KSh1.9 billion in…
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28 Sept 2026, 11:43 UTC≈1,360 views2 reactionsread 30 September 2026 https://kenyanwallstreet.com/nse-rebound-september25
NSE Rebounds to Lead African Markets After Two-Week Rout
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28 Sept 2026, 11:43 UTC≈1,340 views6 reactionsread 30 September 2026 Photo
Kenya’s fruit export earnings rose 19.8% YoY to KSh 5.70Bn in June 2026, the second-highest monthly value on record and only the third time monthly receipts have exceeded KSh 5Bn.
Export volumes were little changed at 25,742 tonnes, down 1.0% YoY, lifting the average value per tonne by about 21%.
For FY2025/26, covering July 2025 to June 2026, fruit exports totalled 231,727 tonnes worth KSh 40.56Bn, with volumes do…
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28 Sept 2026, 11:43 UTC≈1,220 views6 reactionsread 30 September 2026 Photo
Kenya’s Standard Gauge Railway generated a record KSh 22.09Bn in FY2025/26, up 8.1% YoY from KSh 20.43Bn.
Passenger revenue crossed KSh 5Bn for the first time, rising 17.8% to KSh 5.10Bn as passenger traffic climbed 13.6% to a record 2.85Mn.
Freight remained the largest revenue source at KSh 16.99Bn, up 5.5%, while cargo volumes increased 9.3% to a record 7.87Mn tonnes.
Compared with FY2018/19, total SGR revenue h…
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24 Sept 2026, 13:06 UTC≈3,420 views9 reactionsread 30 September 2026 Photo
As Kenya's digital finance adoption matures, financial literacy is increasingly positioned as a key driver of informed decision-making amid rising cost-of-living pressures and inflation, according to a sponsored article by trading platform Exness.
The piece, which promotes Exness as a Capital Markets Authority-licensed broker in Kenya, highlights the company's reported trading metrics, including lowest median spread…
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24 Sept 2026, 13:03 UTC≈2,890 viewsread 30 September 2026 Photo
Nearly 90% of business expansion globally is funded through capital markets. In East Africa, banks still carry most of that weight and this series, featuring KCB Investment Bank MD Maurice Opiyo in conversation with Maina Chege, breaks down exactly why that has to change.
The standout insights:
🔹 Securitisation could unlock dormant capital — pooling loans and receivables into tradable products, giving pension funds…
24 Sept 2026, 12:48 UTC≈2,090 viewsread 30 September 2026 Photo
The NSE's NEXT Derivatives Market has crossed KSh 1Billion in annual turnover for the first time, with 2026 year-to-date trading reaching KSh 1.008Bn.
Turnover is already more than four times the KSh249 Million recorded in the whole of 2025 and over three times the previous annual high of KSh 297Mn in 2021.
Activity has accelerated sharply in September, with 18,460 contracts worth KSh 111.4Mn traded in the week en…
24 Sept 2026, 10:10 UTC≈2,170 views2 reactionsread 30 September 2026 Photo
Kenyans have been waiting on PAYE relief since before the Finance Bill 2026. Treasury has now missed its own deadline once already, first before that bill, then again in September, with the reform pushed to October.
The pressure keeps building. What hasn't kept pace is the legislation itself.
Public participation is expected in the first week of October, ahead of the bill's introduction to Parliament. Millions of s…
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