Author: Lynet Awino

East Africa’s power infrastructure is changing fast, and Schneider Electric is at the centre of that shift. The company is accelerating the rollout of its SM AirSeT pure-air switchgear across the region, offering utilities, commercial facilities, industrial operators and infrastructure developers a medium-voltage solution that removes one of the electrical industry’s most damaging greenhouse gases from the equation. SM AirSeT, part of the broader AirSeT family, runs on pure air rather than sulphur hexafluoride, or SF₆, a gas with 24,300 times the global warming potential of CO₂. That distinction matters because SF₆ has long been standard in medium-voltage switchgear, and…

The Nairobi Securities Exchange has introduced Options on Single Stock Futures for six of its most traded companies, giving investors a new tool to manage risk and position themselves on future price movements without committing to an outright buy or sell. The contracts cover Safaricom PLC, KCB Group PLC, Equity Group Holdings, Co-operative Bank of Kenya, I&M Holdings PLC, and Kenya Electricity Generating Company. All six will be cash-settled through NSE Clear, the exchange’s existing clearing infrastructure, and supported by its network of clearing and trading members. What a futures contract actually does A futures contract is a legally binding…

Kenya’s diaspora sent home USD 394.2 million in remittances in May 2026, down from USD 397.8 million in April, the Central Bank of Kenya said in its weekly bulletin. The figure marks a 0.9 percent decline and the second consecutive monthly drop following a peak near USD 456 million in March. The 12-month cumulative total to May 2026 stood at USD 5,008 million, down 0.5 percent from USD 5,033 million over the same period in 2025. The decline interrupts a run in which the rolling 12-month average rose each month since early 2024, when it stood near USD 408 million.…

Most Kenyans live beyond walking distance of a licensed pharmacy. That access gap drives delayed treatment, counterfeit medicine purchases, and preventable deterioration in conditions that a timely prescription would have resolved. Equity Afya, the primary healthcare franchise founded by Equity Group Holdings in 2015, is now moving directly at that problem. The Upper Hill outlet is the first in a planned regional network of dedicated community pharmacies, extending a model that already operates 154 medical centres across Kenya and the Democratic Republic of Congo and serves an average of 130,000 patients every month. What the pharmacy offers from day one…

The World Cup opening night brought Nairobi to life as football fans gathered at Uhuru Park for an evening of celebration of football culture, entertainment, connection, and the shared excitement that comes when people come together around the beautiful game. The event, hosted by online sports betting platform, BetGr8, transformed the grounds into a vibrant fan park where hundreds of football enthusiasts experienced live match screenings, music, interactive activities, competitions, and fan engagements as the tournament kicked off. For many fans, it was not just about the opening ceremony or the first whistle. It was about creating memories: singing along…

Barely a third of Kenya’s adult women qualify as economically empowered, according to findings published in the Economic Survey 2026 by the Kenya National Bureau of Statistics. The Women’s Economic Empowerment Index (WEEI), drawing on data from the 2022 Kenya Continuous Household Survey, places the national empowerment rate at 36.3 per cent among women aged 18 and above, translating to approximately 4.9 million women. Despite years of gender-focused policy, the figure signals that millions more remain locked out of meaningful economic participation. The WEEI measures empowerment across three core concepts: resources (access to economic opportunities, assets and financial services), agency…