Private Sector Loses Footing...

Consumer spending hit a wall in May, according to the new economic barometer. And with it, a slip in private sector growth…

I am Brian from The Kenyan Wall Street and these are our day's business stories:

Main Stories

📉 Private Sector Downturn After Seven Months

Kenya’s private sector recovery hit a snag in May as consumer spending cooled and rising prices squeezed demand. The Stanbic PMI slipped below the neutral mark for the first time in seven months, signaling renewed contraction. While firms grappled with higher input costs, employment and inventories surprisingly edged up. What does it mean when optimism is this rare and recovery this fragile? Read more

🌱 Losing the Sudan Tea Market

Kenya’s tea exports to Sudan have plummeted by over a third as a diplomatic spat over Nairobi's ties with Sudan’s RSF shakes trade ties. With Khartoum imposing a sweeping import ban, the UAE has surged into the top five buyers of Kenyan tea for the first time. March’s export volumes reveal a stark 13% year-on-year decline, underscoring the ripple effects of regional politics on Kenya’s biggest export. What exactly did Kenya do to spark Sudan’s fury and how did tea get caught in the crossfire? Read more 

🗣️Your Opinion

🩺 The Persistent Burden : Hospitals remain unhappy with SHA

Kenya’s primary health care system is in crisis as only 20% of facilities contracted under the Social Health Authority’s new model received full reimbursements in early 2025, with nearly half getting no payments at all. Financial distress is widespread, hitting public, private, and faith-based providers alike, many of whom face mounting debts, court cases, or even closure. Delays in settling high-cost surgical claims are particularly damaging, threatening essential services that rely on timely cash flow. Without urgent reforms to clear legacy debts and streamline payments, Kenya’s universal health coverage goals are in jeopardy. Read more

Capital Markets

📊 Financial Results : Standard Group PLC FY 2024

🔴 Standard Group reported a net loss before tax of KSh 1.1 billion in 2024, marking its fourth consecutive annual loss.

🔴 Revenue declined sharply by 22.6% year-on-year to KSh 1.843 billion, continuing a downward trend.

🟢 Operating costs decreased by 3.2% to KSh 2.91 billion, but were still significantly higher than revenue.

🟢 Finance costs dropped by 88.7% to KSh 10 million, providing minor relief on the overall expenses.

🔴 Total shareholders’ equity worsened, doubling its deficit to KSh -2.2 billion,

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