Quickmart, Kenya’s second largest modern grocery retailer, has announced plans to list on the Main Investment Market Segment of the Nairobi Securities Exchange, subject to regulatory approval. The move would make it the first major grocery chain to newly join the bourse as a going concern in years, at a time when Kenya’s retail sector has a thin and troubled history on the exchange. What the Offer Involves The listing will take the form of an offer for sale rather than a fresh capital raise. Sokoni Retail Kenya Limited (“SRKL”), which currently holds all of Quickmart’s issued share capital, plans…
Author: David Indeje
East African economies posted mixed results in the 2026 edition of the Africa Risk-Reward Index, a report Control Risks and Oxford Economics Africa published this year to measure how the continent’s 24 largest markets balance risk against investment reward. Ethiopia posted the sharpest gains of any East African market, while Kenya’s fiscal position kept the country exposed despite a marginal risk score improvement. The index combines a risk score and a reward score for each country, drawing on political and economic risk analysis alongside growth forecasts, economic structure and demographics. The report frames 2026 around what its authors call a…
President William Ruto has declared war on Kenya’s raw mineral exports. Speaking to reporters in Kisumu on Monday, he announced that shipping unprocessed gold out of the country will soon become illegal, part of a broader plan to keep more mineral wealth inside Kenya’s borders. The government will build at least three gold refineries, in Kakamega and Nairobi, and give the Central Bank of Kenya first priority to buy domestic gold under a new purchasing programme. Ruto framed the move as catching up with continental peers rather than breaking new ground. “We’re going to make it illegal for anybody to…
Safaricom PLC added 10.32 million active mobile lines during the 2025/26 financial year, more than every other operator in the country gained combined. The haul lifted the telecom’s share of Kenya’s mobile market to 69.8 per cent, a level the sector has not recorded in years, according to four quarterly reports published by the Communications Authority of Kenya (CA). The numbers behind the surge CA data shows Safaricom’s active subscriptions climbed from 51.12 million at the end of September 2025 to 61.45 million by June 30, 2026, a rise of 20.2 per cent. Airtel Networks Kenya lost ground over the…
The apology arrives. Sometimes it comes with genuine remorse and sometimes with the particular urgency of someone who has realised what they are about to lose. Either way it lands with weight and for a moment it feels like something has shifted. Then comes the harder part. The part nobody prepares you for. Because an apology is not a repair. It is the beginning of one and the distance between those two things is where most reconciliation attempts quietly fail. What an Apology Actually Does A genuine apology acknowledges what happened, takes responsibility without deflecting, and signals willingness to change.…
Nigerian singer AfroReekAH is releasing her new EP, REEPLAY, out now. Born Ogechukwu Obi-Benson, the artist says the project marks a specific point in her development. “REEPLAY is a body of work that reflects where I am creatively at this point in my journey, sonically, visually, and as an artist,” she told Khusoko. “The project explores love, desire, vulnerability, confidence and self-discovery, while blending Afropop, Afrobeats and AfroFusion into a world that feels distinctly ReekAH.” Where Nigerian music stands right now The release lands at a turning point for Afrobeats. Sony Music West Africa’s head of marketing, Omolola Ige, described…

