4. NCBA Group has been denied a stay order after the High Court refused to suspend its ruling that declared the 2019 stamp duty waiver on the NIC merger unconstitutional and illegal. The decision, driven by a petition from Senator Okiya Omtatah, paves the way for KRA to pursue

7. Absa Kenya has announced it will shift all local-currency variable-rate loans to the CBK’s revised risk-based pricing model. New facilities from 1 Dec 2025 will be priced at CBR plus a customer-specific premium, while existing loans transition by 28 Feb 2026 under CBK rules.

Kenya's government has decided to break down the contract for the USD 1.3B (KES 170B) 236KM/147 miles Nairobi-Nakuru-Mau Summit toll road, opting to work with two contractors as a workaround against Chinese laws that require lengthy approvals for deals above USD 1B (KES 129B).

Male Rising Star Winner 🏆 🇰🇪’s Edmund Serem is your Male Rising Star of the Year 🤩 #AthleticsAwards

Male Out of Stadium Winner 🏆 🇰🇪’s Sabastian Sawe is your Male Out of Stadium Athlete of the Year 🤩 #AthleticsAwards

Male Track Athlete of the Year Winner 🏆 🇰🇪’s Emmanuel Wanyonyi is your Male Track Athlete of the Year 🤩 #AthleticsAwards

𝐑𝐨𝐮𝐧𝐝𝐮𝐩 𝐨𝐟 𝐓𝐨𝐝𝐚𝐲'𝐬 𝐓𝐨𝐩 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐂𝐨𝐧𝐭𝐞𝐧𝐭 [𝟎𝟏 𝐒𝐭 𝐃𝐞𝐜 𝟐𝟎𝟐𝟓]: 1. All Kenyan banks will implement the new Risk-based Credit Pricing Model on all new loans from today, 1st Dec 2025, with the interbank rate (KESONIA) as the reference rate.

Newsroom Bizna Kenya Bonnie Soud Hyder Namsia Rhina catherine waithera Nipashebiz.co.ke Justin N. Mwangi Dolly Ogutu Theo 2. Kenya's inflation rate for November 2025 stood at 4.5%, according to the latest Consumer Price Index report from the KNBS. Non-core inflation is at 10.1%, while core inflation is 2.3%.

9. Credit Bank called an EGM for 19th December 2025 to approve a major capital-raising plan, including a KES 4.5B private placement, and creation of KES 3B in preference shares.

Uchumi Supermarkets FY25 Management Accounts (YoY, KES) ◾ Sales: +88% to 123M ◾ Gross Profit: +79% to 27.7M ◾ Other Income: +363% to 62.7M ◾ Total Income: +212% to 90.4M ◾ Admin Costs: -33% to 20.5M ◾ Staff Costs: +62% to 37.6M ◾ Profit: 8.8M (from -49.7M in 2024) The

6. Kenya Power has received an initial KES 940.6 million from the government for work on the State-backed Digital Super Highway project. businessdailyafrica.com/bd/corporate/c…

8. Uganda’s annual diaspora remittances have climbed to Sh6.5 trillion, driven largely by Ugandans working in the Gulf, who now account for 38% of inflows.

Kenya's Stanbic Bank PMI for Nov 2025 was 55.0 compared to 52.5 in Oct 2025. The Nov 2025 reading was the highest in over 5 years. Highlights: —Strongest new business growth since Oct 2020 —Firms registered marked uplift in output —Staffing and purchasing growth accelerated

𝐑𝐨𝐮𝐧𝐝𝐮𝐩 𝐨𝐟 𝐓𝐨𝐝𝐚𝐲'𝐬 𝐓𝐨𝐩 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐂𝐨𝐧𝐭𝐞𝐧𝐭 [𝟒𝐭𝐡 𝐃𝐞𝐜 𝟐𝟎𝟐𝟓]: 1. Vodafone Kenya will acquire 15% of Safaricom from the Government of Kenya, about 6.06B shares, for KES 204.3B at KES 34 per share, reducing the GOK’s stake from 35% to 20%.

4. Stanbic Bank Kenya's PMI surged to 55.0 in November 2025, marking its highest level since October 2020, driven by the sharpest increase in new business and output in over five years.

7. HF Group received CMA approval to issue and list 94.27M new ordinary shares (par value KES 5) to its Employee Share Ownership Plan.

Secretary Rubio, I have read your Substack post from 3 December 2025. From the outset, let me extend congratulations to the United States on assuming the G20 Presidency. We offer our sincere wishes for a successful term, one that we hope will serve the cause of global unity and

A surge in Congo’s foreign currency reserve holdings & a change in monetary policy has helped fuel a 29% rally in the congolese franc to become the best performing currency against the dollar in Africa in 2025. Ray Ndlovu bloomberg.com/news/articles/…

Yes, done some work on Congo’s stronger currency in recent weeks and there’s a good chance it stays there The appreciation means Congo’s per capita GDP should rise from $800 (similar to Somalia) to at least Rwanda’s levels about $1,000

𝐑𝐨𝐮𝐧𝐝𝐮𝐩 𝐨𝐟 𝐓𝐨𝐝𝐚𝐲'𝐬 𝐓𝐨𝐩 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐂𝐨𝐧𝐭𝐞𝐧𝐭 [𝟏𝟏𝐭𝐡 𝐃𝐞𝐜 𝟐𝟎𝟐𝟓]: 1. KCB Bank has revised loan pricing following the CBR cut to 9%. All new variable-rate local currency loans from 11 Dec will be priced off the new 9% base rate plus a