The Shah family has gained control of over half of I&M Group through three investment vehicles, amassing Sh66 billion, despite public discussions focusing on Sh17.35 billion in 'paper wealth'. This development was highlighted during the listing of the bank's Medium Term Note, where Capital Markets Authority Director Daniel Warutere and Nairobi Securities Exchange CEO Frank Mwiti were present alongside I&M Group Executive Director Sarit Shah.

The Kenya Times reports on the recent leadership change at the Nairobi Securities Exchange (NSE) following the exit of Chairman Kittony, with Tom Mulwa set to take over. Additionally, the article discusses why Kenyans have not yet seen benefits from the decline in global oil prices, as highlighted by the Energy and Petroleum Regulatory Authority (EPRA).

The Nairobi Securities Exchange (NSE) has appointed Tom Mulwa as its new chairman, succeeding Kiprono Kittony, who has stepped down after six years. Mulwa, a financial services executive, will lead the exchange as it implements reforms aimed at attracting more companies, expanding retail investing, and enhancing capital formation in Kenya.

Kenya's Nairobi International Finance Centre (NIFC) has attracted Sh25.8 billion ($200 million) in new investments from 15 newly certified companies, indicating positive outcomes from the tax reforms implemented under the Finance Act 2025. This development supports Kenya's goal of establishing Nairobi as a regional financial hub and highlights the growing interest of international businesses in the area, according to TechTrends KE.

South African firms are intensifying their investments in Kenya's corporate sector, with planned acquisitions totaling approximately Sh413 billion. This strategy aims to use Nairobi as a gateway into East and Central Africa. Notably, Absa Group has announced intentions to increase its stake in Absa Bank Kenya from 68.5 percent to a higher percentage.

Kenya's financial markets in the first half of 2026 have shown resilience, providing investment opportunities in equities, fixed income, and currency segments despite global challenges. The Kenyan shilling has remained stable against the dollar, contrasting with the volatility experienced two years prior, with analysts attributing this stability to disciplined fiscal management, according to Sharp Daily.