The Eastleigh eTIMS Compliance Gridlock

Hello from The Kenyan Wall Street.

These are today's stories…

The Price of Predictable Floods

By Fred Obura

A growing compliance crisis in Nairobi’s Eastleigh trading hub is beginning to ripple across the country, disrupting supply chains and locking thousands of businesses out of legitimate tax claims. The Kenya Revenue Authority has now moved to contain the fallout, following mounting concern that slow adoption of the Electronic Tax Invoice Management System (eTIMS) is undermining trade in one of East and Central Africa’s busiest commercial centres.

At a consultative meeting with the Eastleigh Business District Association, tax officials acknowledged a widening “compliance gap” that is affecting businesses far beyond Eastleigh. Many traders in the area are yet to fully adopt eTIMS, resulting in widespread issuance of non-compliant invoices.

Read the article here >>>>>

NSE Recovers Half of Week 13 Losses as MPC Hold and Oil Pullback Lift Sentiment

By Harry Njuguna 

The Nairobi Securities Exchange extended its recovery for a second consecutive week, adding KSh 128.42Billion in market capitalization and posting its strongest weekly gain since the record-setting Week 7 in February.

The rally clawed back more than half of the KSh 231.17Bn lost during the Week 13 rout. Market capitalization rose 3.89% to KSh 3,432.92Bn from KSh 3,304.50Bn, lifting the market back above the pre-KPC listing level of KSh 3,289Bn for the first time since the selloff began. The All Share Index gained 3.89% to 207.01, the NSE 10 led at 4.76%, the Banking Index added 4.49% to 238.86, while the NSE 25 rose 3.98% and the NSE 20 advanced 3.18%.

Read the article here »»»»»

Kenya Private Sector Credit Hits KSh 4.15 Trillion Record

By Harry Njuguna

Chaacha Mwita takes over as CEO of Standard Group PLC at a moment when the company is fighting for its broadcast licences, carrying regulatory debt, and navigating a collapse in advertising revenue. His appointment, the fifth in under three years, closes a cycle of executive churn even as the business itself remains unsettled. Mwita, once forced out under political pressure, now returns to lead the same institution in a dispute he has framed as political. What he inherits is a newsroom under siege and a balance sheet under strain.

Read the article here >>>>>

In the Markets Today

OPINION: Kenya Private Sector Credit Hits KSh 4.15 Trillion Record

Angela Ng’ang’a

The creative economy sits at the intersection of innovation, youth employment, digital trade, and intellectual property, making it one of the most compelling long-term investment opportunities. Several priorities will determine whether the sector reaches scale. Financing models must evolve toward venture capital, private equity, and dedicated creative funds. For investors, the opportunity extends beyond funding content to building platforms, intellectual property portfolios, and scalable creative enterprises. Angela Ng’ang’a, Board President, American Chamber of Commerce Kenya (AmCham Kenya) writes »»»»»

On Your Watchlist 

Capital Club East Africa brings together business leaders, entrepreneurs and professionals in a refined space designed for meaningful connections, thoughtful conversations and exceptional experiences. From networking and private events to dining and a true sense of community, membership opens the door to more.

Learn more here »»»»»

For timely and insightful market updates, follow our Whatsapp page here 

Founded in 2012, the Africa CEO Forum has grown from a purely annual gathering into a permanent platform connecting African decision-makers year-round with peers, international investors, and institutions active across the continent.

Each year, the Annual Summit gathers over 2,000 participants from more than 70 countries, including 40 African states — among them over 1,000 CEOs, more than 75 Heads of State and Ministers, 100 leaders of development finance institutions, and 200 international journalists.

More about the event here »»»»»

Keep up with what’s happening on our X and LinkedIn pages. Stay updated with the latest financial news on our website The Kenyan Wall Street.