Author: Lorine Otamo

Kenyans put more money into unit trusts in Q2 2026 than in any prior quarter, pushing the industry to the edge of KES 1 trillion, per Capital Markets Authority (CMA) data. Total assets under management (AUM) across collective investment schemes hit KES 948.7 billion as of June 30, 2026, up 11% from KES 851.7 billion the prior quarter. The CMA attributes the gain to inflows into existing funds, new funds under established umbrella schemes, and manager competition for savers. The industry total matters less to individual savers than what the shift shows: where Kenyans keep their savings, and which funds…

Six women now sit among the most recognised in house lawyers in East Africa. Legal 500 named them to its 2026 GC Powerlist Kenya Honourees, a list that tracks the general counsel and company secretaries shaping strategy, governance and risk inside the region’s biggest employers. Legal 500 unveiled the list on 1 September at the Sankara Hotel in Nairobi, in partnership with the law firm ENS. It was the third edition of the GC Powerlist East Africa, and it drew lawyers from Kenya, Uganda, Tanzania, Rwanda, Ethiopia and Burundi to celebrate a small circle of legal leaders who rarely get…

A new partner at Deloitte and a fresh board appointment at an investment bank rarely land in the same week by coincidence. Both moves this month point to where Kenyan companies are placing their bets: deeper risk expertise and sharper artificial intelligence capability at the very top of the organisation. Beth Kithinji Joins Deloitte’s Partnership Deloitte admitted Beth Kithinji to its East Africa partnership effective September 1, 2026, placing her inside the firm’s Strategy, Risk and Transactions business. She arrives with more than twenty years of experience in risk management, audit, internal controls, regulatory compliance, fraud management and business continuity.…

Moments Villas, a four-home development in Nairobi’s Lavington suburb, has won Best Residential Interior Show Home Africa at the International Property Awards, an honor that recognized the project’s interiors specifically rather than its architecture or scale. Developed by Canaan Developers Limited with interiors by Lehem Interiors, Moments Villas took the 2024 award after judges assessed how the homes translate wellness and connection to nature into everyday living space. The development sits on a single one-acre plot along Mzima Springs Road and comprises four homes of roughly 5,000 square feet each, a deliberately small footprint for a market that often favors…

UBA Kenya reported a KES 217 million profit for the six months to June 30, 2026, reversing a KES 0.3 million loss in H1 2025, as net loans and advances to customers rose 762 percent from a year earlier, according to the bank’s unaudited half year results. Net lending rose from KES 791.7 million in H1 2025 to KES 6.83 billion in H1 2026. Operating income rose 64 percent to KES 785 million. Interest income rose 76 percent to KES 840 million. Customer deposits rose 35 percent to KES 15.6 billion, and total assets rose 34 percent to KES 21.09…

Kenya Airways has a new acting chief executive for the second time in nine months. Habil Waswani, the airline’s company secretary and director of legal services, takes over as acting Group Managing Director and CEO on September 15, replacing Captain George Kamal, who resigned for personal reasons. The announcement, signed by board chairman Kiprono Kittony and dated September 1, follows a pattern that has now repeated twice inside a year: Kenya Airways loses a chief executive, then hands the seat to whoever already sits closest to the boardroom rather than launching an outside search first. A short tenure ends Kamal…