Boda Bosses, Buckle Up!

Hi there! It's Brian from The Kenyan Wall Street.

Here are our top business stories today :

PUBLIC POLICY

Boda Bosses, Buckle Up!

Kenya’s boda boda sector might finally trade chaos for contracts as a new bill proposes formal agreements, stricter licensing, and safety trackers. County governments will take the driver’s seat in regulating riders, enforcing helmet mandates, and outlawing rogue modifications. Say goodbye to the "three-on-a-bike" special—only one passenger per ride, please! If you're thinking of dodging traffic laws, expect hefty fines and real-time tracking to keep you in check. Delivery riders? Get ready for new licenses and storage compartments, no more balancing goods like a circus act. With over three million bikes in play, this could be the boldest boda boda reboot yet!

Bottom Line: From boda to order—ride or get regulated!

Here is the full article »»»»»

Today's Poll 

Yesterday's Poll Results

Do you think Tobacco companies should pay higher taxes to enable public health initiatives?

🟩🟩🟩🟩🟩🟩 Yes (64.44%)

🟨🟨🟨⬜️⬜️⬜️ No (35.56%)

CAPITAL MARKETS

Kenya’s Billion-Shilling Bond Buyback Blitz

Kenya’s first-ever domestic bond buyback hit its KSh 50 billion target, easing 2025 refinancing pressures. The 5-year paper stole the show, attracting KSh 40.1 billion in bids. Investors cashed out at attractive buyback prices, with the 3-year paper yielding the highest payout. CBK trimmed upcoming April-May bond maturities to KSh 135.1 billion. Meanwhile, reopened February infrastructure bonds raised KSh 130.8 billion—nearly double the target. Kenya’s debt strategy is playing chess, not checkers.

Bottom line: The bond market is hot, but so is the debt load.

Here is the full article»»»»»

TECH

Zuku’s Costly Spam: Privacy Pain Points

Kenya’s data watchdog slapped Zuku with a KSh 500,000 fine for spamming a former customer after repeated opt-out requests. The Office of the Data Protection Commissioner (ODPC) ruled that Zuku violated data laws by failing to erase Yasin Abukar’s personal information. Despite Zuku’s denial, ODPC found that the company's faulty email system blocked Abukar’s request—a technical loophole turned legal liability. To make matters worse, ODPC investigators were denied access to records, leading to a recommendation for Zuku’s directors to face prosecution. This ruling highlights Kenya’s growing data privacy enforcement, proving that ignoring customer rights can come at a price.

Bottom line : Mishandle data, pay the price

Here is the full article»»»»»

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