Many Kenyans and fellow Africans express significant concern over the rising cost of living. Rather than focusing solely on subsidies and price controls, governments are implementing various strategies to enhance citizens' incomes.Leading this initiative, major economies like Kenya and South Africa have introduced interventions aimed at increasing disposable income and
Tag: Nairobi Securities Exchange
Safaricom Declares Ksh0.85 Interim Dividend for FY2026
Mobile communications giants Safaricom has declared an interim dividend of Ksh0.85 per ordinary share for the financial year ending March 31, 2026, reflecting a significant increase from last year's payout of Ksh0.55.The company’s board approved this dividend during a meeting on February 4, 2026. Shareholders listed on the company’s register
Uchumi Supermarket Reopens Nairobi Branches in Strategic Comeback
Uchumi Supermarket has reopened two outlets in Nairobi, reinforcing its presence in Kenya’s retail sector.The retailer has relaunched branches at Unicity Mall along Thika Road, near Kenyatta University, and at Lang’ata Hyper off Lang’ata Road.These openings signify a gradual return to operations following a period of reorganization.The Unicity Mall outlet,
Ruto Woos American Investors
Kenya is a safe and secure destination for your investments, President William Ruto has assured American investors.The President said Kenya’s macro-economic fundamentals make it the ideal investment destination for American corporations seeking business opportunities in Africa.“We offer stability, world-class talent, green energy, and dependable connectivity, just the qualities investors seek,”