Author: Muindi

Multiple Hauliers (EA) Limited has landed back under administration, marking the latest turn in a debt battle that has dragged through Kenya’s courts and a London arbitration tribunal for more than five years. NCBA Bank Kenya PLC has appointed Muniu Thoithi and George Weru of PwC as joint administrators of the once dominant transport and logistics firm, acting under section 534 of Kenya’s Insolvency Act. The appointment is confirmed in a public notice published in the High Court of Kenya under the Insolvency Act, dated 27 July 2026, which names Thoithi and Weru directly and cites section 534 as the…

East Africa’s central bank governors used their latest gathering in Kampala to send a clear message: the region’s monetary union is moving, but not fast enough. The East African Community’s Monetary Affairs Committee wrapped up its 29th ordinary meeting on 24 July with a renewed pledge to speed up the East African Monetary Union roadmap, even as it acknowledged that no single Partner State has yet met all four criteria required to get there. Dr. Michael Atingi-Ego, Governor of the Bank of Uganda and current Chairperson of the Committee, chaired the session, bringing together governors and senior officials from central…

Kenyan startups raised KES 16.3 billion in the first half of 2026, a modest step back from the KES 17 billion recorded over the same period last year. The dip pushed Kenya to third place on the continent, trailing Egypt’s KES 42.3 billion and Nigeria’s KES 32.8 billion, according to the latest tracking from Africa: The Big Deal. The numbers mark a cooling off point after a record breaking 2025, when Kenyan startups pulled in roughly KES 126 billion and briefly overtook every other market on the continent. That run was fuelled almost entirely by clean energy players such as…

Kenya has settled on a plan to finance the expansion of Jomo Kenyatta International Airport, and most of the money will come from debt. The government intends to borrow Sh81 billion under a Sh116 billion package built to fund the upgrade of the country’s aviation gateway, according to Business Daily. The remaining Sh35 billion will come from two sources: the National Infrastructure Fund and a bond secured against future collections from the airport passenger levy. That levy applies to every international and domestic ticket sold in Kenya, and Sh18.5 billion a year from the levy has already been earmarked to…

CANAL+ says SuperSport will broadcast the Glasgow 2026 Commonwealth Games live across Sub Saharan Africa. DStv, DStv Stream, GOtv and GOtv Stream Access customers will get full access to the eleven day event, which runs from 23 July to 2 August 2026 in Glasgow, Scotland. In South Africa, CANAL+ Africa supplies the SuperSport channels to licence holder MultiChoice, which then delivers the DStv service to subscribers. More Than 500 African Athletes Head To Scotland More than 500 athletes from across the continent are set to compete in Glasgow, making this edition one of the most anticipated in recent memory. SuperSport…

BAT Kenya grew net revenue and profit in the first half of 2026, even as illicit cigarettes continued to eat into its home market. Revenue climbs on exports and nicotine pouches British American Tobacco Kenya reported net revenue of KES 12.3 billion for the six months to June 2026, up 4.6% from the same period last year. Export sales and a rebound in modern oral nicotine pouch sales drove the gain, offsetting weaker volumes and consumer downtrading at home. Gross revenue, which includes excise duty and VAT collected on the government’s behalf, rose 2.6% to KES 19.0 billion. Operating costs…