Today’s Top Highlights:📉 🏦 Equity Bank Seizes EA Cables & TransCentury — Sh14B Wiped OutBig names like Kuramo Capital, Eddy Njoroge & Peter Kanyago suffer massive losses as Equity Bank swoops in on Sh4.7B loan defaults. Shares suspended. Retail investors trapped. What’s next after this high-profile financial collapse?✈️ 💰 KQ Delays Sh142Bn Debt Repayment — Strategic Investor MissingKenya Airways signals it won’t service loans to banks, the State, or foreign lenders until a new equity investor injects cash. With Sh142.7 billion at stake, we unpack what this means for national debt — and the skies.🧾 🔥 Ruto’s Budget Cut Promise Implodes — Sh176B Spent InsteadDespite his austerity pledge, the government’s recurrent budget has grown by Sh176 billion through multiple supplementary budgets. A spending spree in disguise? We break down the political and economic fallout.🏚️ ⚖️ NBK Fined Sh711M Over Illegal Land Sale in Botched Sugar DealIn a landmark ruling, the High Court orders National Bank of Kenya to pay Sh711 million for selling land it had no business touching. A win for borrowers — or just the beginning of more exposés?⛽ 💸 National Oil Gets Sh3.38Bn Bailout — AgainThe Petroleum Development Levy is tapped to rescue National Oil Corporation — repaying KCB and settling old fuel supplier debts. Is this good fiscal management or another example of selective bailouts?💵 📊 Treasury Opens Sh50Bn Bond Sale to Start New Year BorrowingCBK reopens 20- and 25-year papers with attractive coupons of 13.2% and 13.4% — but will it be enough to plug the Sh923B fiscal hole? Full bond breakdown inside.---🎧 Listen now on Spotify, Apple Podcasts, YouTube🔗 kenyamarketplacedaily.wordpress.com📲 IG / Threads / TikTok: @kenyamarketdaily📌 Courtesy: Business Daily Africa

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