Billionaire Burnout: TransCentury & EA Cables Crash

Kenya’s top investors — including Kuramo Capital and industry veterans like Peter Kanyago and Eddy Njoroge — are staring at a massive Sh14 billion wipeout after Equity Bank’s takeover. With shares suspended and value vaporized, we break down what this means for retail investors, capital markets, and policy.

🏦 🚨 NBK Ordered to Pay Sh711M in Land Scam Ruling

In a rare win for borrowers, the High Court slams National Bank of Kenya with a Sh711 million penalty for selling client land illegally in a failed sugar trade deal. Could this trigger a legal precedent for future borrower protections?

📉 🇰🇪 Ruto’s Budget Cuts Reversed by Sh176B Overruns

Despite pledging austerity and spending control, new reviews reveal budget expansions instead of cuts — fueling doubts on the government’s fiscal discipline, especially after Gen Z-led protests last year.

⛽ 🛢️ National Oil Gets Sh3.3B Bailout

The cash-strapped National Oil Corporation of Kenya gets a Sh3.38 billion rescue from the Petroleum Development Levy to repay old debts to KCB, Dalbit, and Gulf Energy — but is this a bailout or more budget bloat?

📊 📈 Treasury Eyes Sh50B From New Bond Issue

Kenya kicks off its 2025/26 borrowing campaign with a Sh50B bond tap. We unpack the coupon rates, maturity timelines, and how this fits into the Sh923B fiscal deficit.

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