Author: David Indeje

In January 2026, the United States announced its withdrawal from 66 international organizations and treaties, including the UN Framework Convention on Climate Change (UNFCCC), the Intergovernmental Panel on Climate Change (IPCC), and the UN Population Fund (UNFPA). The State Department explained the move bluntly: “The United States will no longer participate in wasteful, ineffective, or harmful international organisations that undermine our sovereignty and fail to serve our national interests.” This sweeping retreat signals a deliberate shift away from multilateral cooperation. For Africa, it is not just a geopolitical headline; it is a reminder that global governance is shifting, and regions…

A Kenyan beer distributor has moved to block Diageo’s planned $2.3 billion sale of East African Breweries Ltd (EABL) to Japan’s Asahi Holdings, filing a case at Kenya’s High Court over pending litigation. Diageo, the world’s largest spirits group, announced last month it had agreed to sell its 65% stake in EABL to Asahi as part of a global strategy to navigate U.S. tariffs and shifting consumer trends. The deal faces opposition from Bia Tosha Distributors, which argues the transaction should not proceed until its ongoing competition dispute with Diageo and EABL is resolved. The High Court has certified the…

Kenya’s private sector closed 2025 on a strong footing, with the Stanbic Bank Kenya Purchasing Managers’ Index (PMI®) posting 53.7 in December, signalling robust expansion in business conditions. The reading, alongside November’s 55.0, marked the highest PMI levels in four years, underscoring resilience in demand, employment, and purchasing activity despite rising cost pressures. PMI Momentum Business output rose sharply in December, supported by stronger order books, improved tourism, and promotional pricing. Firms reported higher sales volumes, citing “advertising, affordable prices, better cash flow, and increased travel” as key drivers. Employment growth was particularly notable, with staffing levels expanding at the…

Credit Bank PLC shareholders approved a Sh4.5 billion capital‑raising plan, positioning the Tier III lender to meet the Central Bank of Kenya’s (CBK) progressive capital requirements. The authorization was granted during an Extraordinary General Meeting (EGM) on December 19, 2025, ensuring the bank stays ahead of the Sh3 billion core capital deadline set for December 31, 2025. “19.7 million or 99.9 percent of shareholders voted in favour,” the bank confirmed, authorizing the issue of up to 45 million ordinary shares at Sh100 each. Innovative Asset Swap and Supplementary Capital Growth The capital plan includes a Sh1.2 billion asset‑for‑shares swap, through…

Starting January 2026, buying shares on the Nairobi Securities Exchange (NSE) will be as simple as paying your electricity bill or sending money to a friend from your M-PESA wallet. The new platform, Ziidi Trader, is wrapping up its pilot phase and promises to change how Kenyans access the stock market. Breaking Down Barriers to Investing For decades, investing in shares meant finding a stockbroker, filling out know‑your‑customer forms, opening a trading account, and navigating a process that felt designed to keep regular people out. Ziidi Trader eliminates most of that friction: Browse listed companies directly on your phone. Place…

The festive season is a time of joy, family, and travel. It is when we pack our bags for road trips, book flights to see loved ones, and gather for celebrations that create lasting memories. However, with all the excitement comes added risk, including accidents on busy roads, sudden illnesses during reunions, and unexpected expenses that can strain even the best-planned budgets. That is where Absa Life Assurance Kenya, through Absa Bank, steps in to ensure you celebrate comfortably with peace of mind. Personal Accident Plan: Your Holiday Safety Net During the holidays, life gets busier: crowded shopping malls, long…