Kenya’s CMA CEO Wyckliffe Shamiah approves new investment bank, stockbroker
CMA has licensed six new firms including an investment bank and stockbroker, widening the Kenya-regulated capital markets sector in 2026.
East Africa
Mombasa billionaire Mohammed Jaffer wins delay in court case against maize miller
A Mombasa High Court pushed to May a Ksh90 million suit targeting a grain handler associated with businessman Mohammed Jaffer after witnesses failed to attend.
Bill Gates Rejects Claims Linking Him to Mosquito Surge in Kenya
Bill Gates has rejected claims circulating online that link him to a surge in mosquitoes in Kenya, with his foundation calling the allegations false.
Kenyan billionaire Manu Chandaria donates $150,000 to new student innovation hub
Industrialist and philanthropist Manu Chandaria, through the Chandaria Foundation, has partnered with KCA University on a Sh20 million incubation and innovation centre in Nairobi.
Court orders arrest of Kenyan tycoon Pius Ngugi over $32,000 legal fees
A Nairobi court issued an arrest warrant for tycoon Pius Ngugi over Sh4.19 million in legal fees after a bid to stop execution failed.
Billionaires.Africa ranks the 10 richest investors on the Dar es Salaam Stock Exchange in 2026
DSE ended 2025 at record valuation levels. These are the ten biggest individual investors by listed equity stakes, led by bank heavy portfolios.
Billionaires.Africa ranks the 10 richest investors on the Uganda Securities Exchange in 2026
A 34% rally has lifted Uganda’s Securities Exchange—still a market where a few liquid stocks and a small circle of investors drive most of the action.
Billionaires.Africa ranks the 20 richest people on the Nairobi Securities Exchange in 2026
Using late January 2026 NSE closing prices, we ranked the biggest disclosed shareholders on Kenya’s bourse and priced their listed stakes in dollars.
Kenyan beverage tycoon Kimani Rugendo seeks Supreme Court lifeline in Malindi land battle
Kevian chairman Kimani Rugendo wants the Supreme Court to weigh a retrial order he says could reshape how long running land cases are handled.
Kenyan banker James Mwangi hit with security order in $7.8 million land fight
Court of Appeal blocks James Mwangi’s bid to halt a Sh1 billion land judgment, orders Sh10 million security and freezes dealings on the Muthaiga plot.
Kenyan billionaire Narendra Raval's Devki Group wins local approval to start Kishushe mining in Taita Taveta county
Shareholders at Kishushe Ranch in Kenya’s Taita Taveta county unanimously approved Devki Group’s mining plans, with officials promising jobs and road upgrades.
Kenya clears Tanzanian billionaire Edha Nahdi’s bid for NSSF stake in East African Portland Cement, but orders 18 months of job protection
Kenya’s competition watchdog cleared Amsons executive Edha Nahdi’s firm to buy NSSF’s Portland Cement stake, with an 18 month job lock.
Tanzanian billionaire Bakhresa tells young entrepreneurs to stay patient as he reflects on journey
Billionaire industrialist Said Salim Bakhresa tells young founders to be patient and persistent, describing a path from street food sales to a regional group.
Hassanein Hiridjee pushes Axian deeper into finance with VIA Assurance launch in Madagascar
Axian chief Hassanein Hiridjee has launched VIA Assurance in Madagascar, betting that simpler products and faster service can grow a thin insurance market.
UK court orders SportPesa co founder Paul Ndung’u to pay $2.9 million in costs as ownership fight drags on
A London judge ordered Paul Ndung’u to pay Sh374 million in interim costs after rejecting key claims in his SportPesa ownership dispute.
Kenyan businesswoman Mary Wambui fights hotel auction as bank looks to recover $62 million
Mary Wambui Mungai is fighting a planned auction of her Nairobi luxury hotel as Equity Bank pursues a disputed Sh8 billion debt.