Business & Economy4 stories from 1 sources
A recent TIFA survey reveals widespread economic hardship in Kenya, with most families experiencing falling incomes and surviving on KSh 20,000 or less. The construction sector has seen a sharp slowdown, with the value of building approvals in Nairobi plummeting by over 50% in June 2025 compared to a year earlier due to elevated material costs. In corporate results, Rubis Kenya's first-half sales for 2025 dropped by 7% to KSh 69.1 billion, though the company freed up liquidity by redeeming KSh 5.3 billion in fuel subsidy papers. In contrast, there was strong investor demand for government securities, as the 364-day Treasury Bill was heavily oversubscribed for a second consecutive week.
The value of building approvals in Nairobi plummeted by over 50% in June 2025 compared to a year earlier, a sharp slowdown attributed primarily to elevated material costs. Data from the Kenya National Bureau of Statistics (KNBS) reveals a volatile period for the construction sector.
Summary & Analysis
The 364-day Treasury Bill has been heavily oversubscribed for a second consecutive week in Kenya, signaling strong investor demand. This trend follows the re-opening of the 30-year infrastructure bond in early September.
Summary & Analysis
A recent TIFA survey reveals widespread economic hardship in Kenya, with most families experiencing falling incomes and limited job opportunities, significantly worsened by the Finance Bill.
Summary & Analysis
Rubis Kenya's first-half sales in 2025 dropped by 7% to KSh 69.1 billion, despite strong retail performance and improved financial conditions. The company also redeemed KSh 5.3 billion in fuel subsidy papers, freeing up significant liquidity.
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