Quickmart to Sell 57% Stake on NSE
Quickmart has quadrupled its profit margin, paid out more than it earned and is betting on a growth rebound.
Economy ·
Economy
Money and markets — public finance, the cost of living, banking, fintech and trade.
Kenya’s banks don’t merge. They get bought.
Three decades of deals show a sector that has swapped marriages for takeovers. Even the bank born of the last merger is now up for sale.
Economy · · VDI+
Every paycheck has three jobs.
One rule splits take-home pay into fixed shares for needs, wants, and the future — the hard part isn't the math.
Economy ·
The Fare Trap
A minimum fare is supposed to be a rare policy win — better pay for drivers, no losers. Nairobi's commuters don't see it that way.
Economy ·
The World’s Largest Tea Producers
Tea is the world’s most-consumed drink after water, with global production reaching 7.05 million metric tons in 2024. That was nearly double the amount produced 20 years earlier.
Economy ·
Africa's Most Remittance-Dependent Economies (2024) 💸
Money sent home by migrants rarely makes front-page economic headlines. Yet for millions of families across Africa, these quiet transfers—often sent in modest.
Economy ·
🧨 Africa's Debt Trap: When Interest Becomes the Budget - Kenya
Debt has always worn a suit of irony—designed to bring growth, it often ends up choking the very system it sought to elevate. A recent UNCTAD report has put it plainly: Africa's most vulnerable economies are not just paying interest—they're bleeding revenue into it.
Economy ·
Bread, Borrowed
Kenya's wheat fields produced less in 2025 than in any year since 2021. Almost nobody at the bakery noticed — and the numbers explain exactly why.
Economy ·