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- Pension assets up by 27%
Pension assets up by 27%
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Good evening. It’s Brian from The Kenyan Wall Street.
These are our top financial stories today :
Pension Assets up by 27%
By Fred Obura
Kenya's pension industry ended 2025 managing KSh2.83 trillion in assets, a 26.8% jump in a single year and more than three times what the sector held a decade ago, making it one of the most significant pools of long-term capital in East Africa.
The growth is becoming increasingly concentrated, with 55 schemes controlling nearly two thirds of all retirement assets despite representing less than 6% of all reporting funds, a consolidation trend driven by smaller schemes merging into umbrella arrangements rather than any dramatic collapse. Half of all that money sits in government securities, which is either a reassuring sign of prudence or a signal that Kenya's pension managers have not found enough productive private investment to absorb the capital flowing in.
The industry has grown large enough to matter as a macroeconomic actor, and the question it has not yet answered is whether it will remain a passive buyer of Treasury bonds or eventually become the long-term capital that Kenya's infrastructure and private sector actually need.
Read the full article here >>>>>
No Emissions Certificate, No Insurance
By Brian Nzomo
A bill has been tabled at the Senate that would require every Kenyan motorist to pass an annual vehicle emissions test before they can renew their car insurance or obtain an inspection certificate, making environmental compliance a condition of something no driver can ignore. Testing would be handled by privately accredited centres connected digitally to a government system, creating an entirely new compliance market rather than expanding NEMA's existing mandate. The bill extends beyond private vehicles to factories and industrial installations, with county governments barred from issuing or renewing business permits to any operator who cannot produce a valid emissions certificate. What the bill does not yet say is how much any of this will cost, with testing fees, licensing charges, and accreditation costs all left to future regulations.
Read the full article here >>>>>
A firmer hand on the betting sector
By Brian Nzomo
Kenya is preparing its most sweeping overhaul of gambling regulation yet, replacing a relatively light-touch regime with one that reaches deep into how betting companies operate, monitor customers and pay winners. The proposed rules would give regulators real-time visibility into betting platforms, require customer funds to be kept separate from company accounts, mandate local storage of player data and impose stiff financial penalties on operators that delay payouts. They also embed responsible gambling measures, from self-exclusion tools to limits on deposits and betting sessions, while tightening anti-money laundering controls. Together, the measures reflect a government seeking to bring one of Kenya's fastest-growing industries under far closer regulatory supervision.
Read the full article here >>>>>
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