The Long Road to a single East African Currency

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Good evening. It’s Brian from The Kenyan Wall Street.

And these are our day’s financial stories to kickstart your weekend:

Integration : The Long Road to a single East African Currency 

By Brian Nzomo

A common East African currency has long been presented as the natural end point of regional integration, promising to make trade, investment and cross-border business simpler. Yet the latest figures suggest the project remains constrained by a basic problem: the economies expected to share a currency are still moving at very different speeds. Even as the bloc builds the legal and institutional architecture of monetary union, key indicators such as inflation, fiscal deficits, debt and foreign exchange reserves remain too uneven for any member state to satisfy all the entry conditions. The result is a widening gap between political ambition and economic readiness, raising fresh questions about how realistic the 2031 target has become. For businesses that have spent years anticipating a single East African currency, the wait looks set to be longer than policymakers once imagined.

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Nancy Njau : Nurturing the newest kid on the bourse

By Harry Njuguna

Public listings often test institutions, but they also test the people asked to lead them. Nancy Njau stepped into Family Bank’s top job just as the lender was preparing for life on the Nairobi Securities Exchange (NSE), inheriting the challenge of growing the business while meeting the higher standards of transparency, capital discipline, and shareholder scrutiny that come with public ownership. Her two-decade rise through the bank’s ranks has given her an uncommon familiarity with the institution she now leads, but the next chapter will be judged less by that journey than by her ability to sustain earnings, manage credit risk and justify investors’ confidence. Family Bank’s market debut may mark the end of one transformation, but it is also the beginning of a far more demanding one.

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Battle lines : When Pregnancy Meets the Workplace

By Fred Obura 

Pregnancy can become a legal fault line when workplace expectations collide with medical reality. A former KPMG manager alleges that after disclosing a high-risk twin pregnancy, the support and protections she expected under the firm’s own policies gave way to discrimination, ultimately forcing her out of her job. The case now places a spotlight on how employers respond when serious health complications interrupt performance, and whether internal policies offer meaningful protection when they are needed most. Whatever the court ultimately decides, the dispute reaches beyond one employee to the broader question of how workplaces accommodate pregnancy without turning it into a professional liability.

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WATCHDOG : MPs Question KSh3bn Tax Waiver for Controversial Sugar

The latest hearing broadens the investigation into the 27,000-tonne raw sugar consignment, which was imported as industrial input for refining.

RIVALRY : Amazon Solves South Africa Puzzle That Stalled Starlink

Amazon will provide the satellite constellation while Herotel assumes responsibility for customer acquisition, installations, and local operations.

LEADING THE PACK : KCB Retains East Africa Banking Crown in Global Rankings

Kenya strengthened its position as East Africa’s banking hub after KCB, Equity and Co-operative Bank ranked among Africa’s top 25 banks by Tier 1 capital.

OPINION : Kenya’s Next Financial Challenge is Literacy, Not Access

For a generation of young Kenyans, complex financial tools are arriving earlier and faster than the knowledge required to use them well.

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