Zainab Hafsah

1 month ago | kenyanwallstreet.com | Zainab Hafsah

East Africa’s private capital markets began 2025 with 13 transactions with a total value of US$38.7 million in disclosed deals, according to the I&M Burbidge’s East Africa Financial Review for January 2025. Kenya maintained its position as the region’s top investment hub, accounting for 10 of the 13 deals announced in January, while Tanzania followed with two deals, and Rwanda recorded a single transaction.

1 month ago | kenyanwallstreet.com | Zainab Hafsah

London listed Marula Mining’s subsidiary Muchai Mining Kenya has signed a deal with Baosteel Resources South Africa, a subsidiary of the world’s biggest steel producer, to purchase and sell manganese ore from the Kilifi manganese processing plant. In the contract that began on 1st March 2025, Marula will supply manganese from its Kilifi Manganese Processing Plant, scaling from 5,000 to 20,000 tonnes per month.

1 month ago | kenyanwallstreet.com | Zainab Hafsah

Kenya’s banking sector is pushing for an overhaul of the existing risk based pricing model to a common reference rate, arguing that the current framework has made it hard to adjust rates downwards in line with the central bank rate. Banks argue that the risk based pricing model is not sensitive enough to market changes, presenting different price points that create complexity and inconsistencies across the industry.