KCB Group Records Steady KES 47.3 Billion Profit as Strategic Cost Cuts Strengthen Earnings
KCB Group Plc recorded KES 47.3 billion in after-tax profit for the nine months ended September 2025, from KES 45.8...
KCB Group Plc recorded KES 47.3 billion in after-tax profit for the nine months ended September 2025, from KES 45.8...
The Central Bank of Kenya (CBK) and the Capital Markets Authority (CMA) have announced the commencement of the Virtual Assets...
The Nairobi Securities Exchange (NSE) recorded mixed performance in Wednesday’s trading session (19th November 2025), with 24,596,952 shares traded across...
Acorn Holdings Limited has received the green light from the Capital Markets Authority (CMA) for the establishment of a Build-to-Rent...
Absa Bank Kenya Plc recorded a 14.7% growth in after-tax profit to KES 16.9 billion in the first nine months...
Nigerian-based lender Zenith Bank intends to acquire Kenya’s Paramount Bank for an undisclosed amount. Zenith, Nigeria’s second-largest bank by total...
French development finance institution Proparco has acquired an equity stake in Meridiam's 100MW Kipeto wind farm in Kenya, a transaction...
Listed integrated financial solutions provider HF Group has announced the appointment of Image Registrars Limited as the company’s share registrar,...
The Nairobi Securities Exchange (NSE) has officially unveiled the NSE Innovation Lab, a move that underscores the stock exchange’s commitment...
Regional brewer East African Breweries Plc (EABL) recorded a successful bond issuance in the first tranche of its Medium Term...
The Capital Markets Authority (CMA) has approved the exemption of Kalahari Cement Limited from a mandatory takeover for the proposed...
The Nairobi Securities Exchange (NSE) Trading session for Nov 13, 2025, saw the total volume of shares traded surge 89%...
Gulf Energy Limited, the company that acquired Tullow Oil Plc’s assets through its subsidiary Auron Energy E&P Limited, has revealed...
The Local Content Bill 2025 is set to usher in a new dawn for foreign-incorporated companies operating in Kenya upon...
The Nairobi Securities Exchange (NSE) was on a bearish momentum on Nov 11, 2025, evidenced by a downturn in the...
Safaricom M-PESA wealth management fund Ziidi Money Market Fund (Ziidi MMF) recorded remarkable growth in the first six months ended...
Uganda’s largest telecom firm, MTN Uganda Limited, recorded resilient financial results in the first nine months ended in September 2025,...
Safaricom Plc’s mobile money platform, M-PESA, recorded a total transaction value of KES 20.2 trillion in the six months ended...
The Capital Markets Authority (CMA) has approved four new licenses, a move that deepens Kenya’s capital markets and enhances transparency....
The Nairobi Securities Exchange (NSE) recorded increased activity in the November 5, 2025, trading session, evidenced by a 71.5% increase...
Energy listed firm Kenya Electricity Generating Company (KenGen), in partnership with China’s Kaishan Group, has launched a geothermal-powered green fertilizer...
The Nairobi Securities Exchange (NSE) opened the week with subdued activity, evidenced by a 7.5% decline in the volume of...
KCB Group Plc has signed an agreement to acquire a minority stake in Pesapal Limited, pending regulatory approval. Pesapal, a...
Equity Group closed the week at an all-time high of KES 66.25 at the Nairobi Securities Exchange (NSE), on the...
Jubilee Holdings’ subsidiary, Jubilee Asset Management Limited (JAML), has crossed the KES 20 billion mark in Assets Under Management (AUM)...
NSE-listed investment firm Olympia Capital Holdings recorded a 3.2% increase in profit attributable to shareholders in the six months ended...
Equity Group’s nine-month after-tax profit grew 32.2% to KES 54.1 billion, from KES 40.9 billion in Q3 2024, buoyed by...
Treasury bonds saw stable demand in the third quarter of 2025 despite lower yields attributed to cuts in the Central...
The Nairobi Securities Exchange (NSE) was on a bullish momentum in the third quarter of 2025, underpinned by stable inflation,...
In the first six months ended June 30, 2025, Family Bank recorded a stellar performance with net profit rising 38.6%...
Absa Group subsidiary, Absa Bank Uganda, has signed an agreement to acquire Standard Chartered Bank Uganda’s Wealth and Retail Banking...
Safaricom Plc, Kenya’s leading mobile network operator, marked its Silver Jubilee, celebrating 25 years of operation since its official launch...
The launch of the new EABL medium-term note comes shortly after the brewer announced the early redemption of its KES...
Energy firm KenGen Plc emerged as the top gainer in the Nairobi Securities Exchange (NSE) trading session of October 24,...
Kenya Airways (KQ) and Qatar Airways (QR) have launched new codeshare flights to 19 destinations following the signing of a...
The Coca-Cola Company and Gutsche Family Investments (GFI) have agreed to transfer a 75% ownership stake in Coca-Cola Beverages Africa...
The Nairobi Securities Exchange (NSE) trading session of October 22, 2025, saw NCBA Group extend its gaining streak and emerge...
NCBA Group’s digital banking solutions provider, LOOP, and bolttech have launched LOOP FLEX, a Buy Now, Pay Later (BNPL) facility...
NSE-listed agricultural firms Williamson Tea Kenya Plc ($WTK) and Kapchorua Tea Kenya Plc ($KAPC) in week 42 0f 52 (2025)...
President William Ruto signed the Privatization Bill 2025 into law, following its approval by the National Assembly. The Privatization Act...
The International Finance Corporation (IFC) plans to help fund telecommunications firm Axian Telecom Limited by investing $75 million (KES 9.7...
Global stock market indices provider Financial Times Stock Exchange (FTSE) Russell has upgraded Kenya’s Nairobi Securities Exchange (NSE) from Restricted...
Commercial lender Bank of Kigali Group Plc emerged the top gainer on the October 14, 2025, trading session at the...
East African Breweries PLC (EABL), plans to redeem its KES 11 billion Medium-Term Note earlier in exercise of its right...
Safaricom Telecommunications Ethiopia PLC (STE) recorded a 30.7% growth in total revenue in the first quarter of the FY26 to...
As of October 9, 2025, Car and General's share price stood at KES 51.75, gaining 33.2% since the end of...
The workshop, which commenced on Monday, October 6, 2025, aimed to support the government’s plan to develop a practical credit...
Commercial media firm Standard Group Plc emerged as the top gainer in the trading session at the Nairobi Securities Exchange...
Investment bank Kestrel Capital East Africa Limited (KCEAL) marked its 30th anniversary by announcing its acquisition by a group of...
Listed electric power supplier Kenya Power and Lighting Company (KPLC) has recorded an 18.7% decline in after-tax profit for the...
Kenya’s Gross Domestic Product (GDP) grew by 5.0% in the second quarter of 2025, driven by expansion across Agriculture, Transportation...
Automobile firm, Car and General, emerged as the top gainer at the Nairobi Securities Exchange (NSE) trading session on October...
Energy Petroleum Regulatory Authority (EPRA) reports that Nairobi region, Kenya’s major economic and industrial hub, continues to dominate electricity consumption,...
The Nairobi Securities Exchange (NSE) trading session on October 3, 2025, saw energy firm KenGen emerge as the top gainer,...
Kenyan private businesses began to recover in September as the Stanbic Bank Kenya Purchasing Managers’ Index (PMI) rose to 51.9...
Kenya’s energy sector, under the Energy and Petroleum Regulatory Authority's (EPRA) oversight, closed the financial year 2024/2025 on a high...
Members of Parliament have given the green light to the privatisation of the Kenya Pipeline Company (KPC), where the government...
Regulated Savings and Credit Co-operatives (SACCOs) recorded a robust performance in 2024 as total assets crossed the KES 1 trillion...
The Nairobi Securities Exchange (NSE) trading session of September 30, 2025, saw agricultural firms Kapchorua and Williamson Tea Kenya gain...
Aquilastar Corporate Investment, with the support of a United Arab Emirates investor, has begun the construction of a KES 19.37...
Newly listed manufacturing firm Shri Krishana Overseas PLC has recorded a 70.4% decline in after-tax profit to KES 2.03 million...
Unga Group strengthened its relationship with customers, farmers, and trade partners, demonstrating its dedication to quality and safe products.
Tullow oil Plc has completed the sale of its Kenyan oil assets through its subsidiary, Tullow Overseas Holdings BV to...
Asset financier Watu Africa posted a 67% growth in revenue to $230 million, equivalent to KES 29.7 billion in 2024...
The Capital Markets Authority (CMA) has granted licenses to Kenyan fintech companies, Jipay Payment Solutions and Sycamore Capital Limited, as...
Monthly private sector lending by commercial banks soared by 328% to KES 10.7 billion in June 2025, up from KES...
The Capital Markets Authority (CMA) has granted licenses to four new players in a bid to bolster Kenya’s capital markets. ...
Listed regional lender, Diamond Trust Bank Kenya Limited (DTB), has accepted to sell its stake in its Burundi subsidiary, following...
The Central Bank of Kenya (CBK) has established the Banking Sector Cybersecurity Operations Centre (BS-SOC), a centralized facility designed to...
Increased investor participation in treasury bills has reduced the average time to maturity of the overall domestic debt, with both...
The Capital Markets Authority (CMA) has exempted NPRT Holdings Africa Limited from making a mandatory takeover offer regarding NPRT's proposed...
Listed investment company, Centum, is set to benefit from $800 million (KES 103.3 billion) in financial support for its Special...
Commercial lenders have disbursed KES 153 billion to micro, small, and medium-sized businesses (MSMEs) so far in 2025, marginally surpassing...
Commercial lender, Standard Chartered Bank Kenya Plc, has issued a profit warning, forecasting a 25% drop in net earnings for...
Power distributor, Umeme Limited, has issued a profit warning to its shareholders after recording a KES 6 billion loss for...
Investors' appetite for the 364-day Treasury bill in the fiscal year 2025/2026 has increased, mainly driven by higher yields compared...
Commercial lender, Equity Bank Kenya, has placed Nairobi's Eastland Hotel under receivership due to an undisclosed debt. Receivership is a...
Building on last year’s pattern, the National Treasury and the Central Bank of Kenya (CBK) are again planning to reopen...
U.S. retail giant Walmart intends to establish its presence in Africa by the end of 2025, with plans to open its...
The National Treasury has reversed course on arrangements to balance domestic and external borrowing after realizing how tough a hurdle...
UBA Kenya’s controlling firm, UBA Group PLC, has committed to investing $150 million or KES 19.3 billion in the Kenya...
After losing the 16-year pension arrears case, Standard Chartered Bank Kenya has asserted it has adequate financial reserves to settle the...
Regional lender, NCBA Group Plc, recorded a 12.6% growth in net profit in the first six months ended June 2025...
Listed Insurance service provider, Jubilee Holdings Limited, is set to receive KES 4.5 billion for the sale of general insurance...
Absa Gold Exchange Traded Fund (ETF) recorded a new all-time high price of KES 4,275 on the Nairobi Securities Exchange...
The Kenya Bankers Association (KBA) has thrown its weight behind the revised Risk-Based Credit Pricing Model (RBCPM) by the Central...
Real estate investment company, Home Afrika Ltd, has recorded a 14.6% growth in after-tax profit to KES 192.4 million in...
Eleven small peer commercial banks are required to raise their core capital to KES 3 billion by the Central Bank...
Listed media company Standard Group PLC has recorded a 19.2% cut in pre-tax loss to KES 133 million in the...
Energy firm TotalEnergies Marketing Kenya PLC has recorded a 17% growth in after-tax profit to KES 1.1 billion in the...
Regional Insurance solutions provider Jubilee Holdings Ltd has recorded a 21.7% increase in net earnings to KES 3.1 billion in...
Listed tyre manufacturing and property investment firm Sameer Africa PLC has reported a 20.4% decline in net earnings for...
Transport and logistics company, Express Kenya Ltd has reported a reduced loss for the first half of 2025, reflecting...
The Central Bank of Kenya (CBK) has announced the issuance of a revised Risk-Based Credit Pricing Model (RBCPM) for the...
Japan aims to challenge China’s stronghold on African lending by offering cheaper loans through its development financing arm, the Japan...
WPP Scangroup Interim CEO Miriam Kaggwa Listed marketing company WPP Scangroup reported a reduced loss for the first...
Regional gas supplier BOC Kenya has reported 169.8% year-on-year growth in net profit to KES 166.7 million in the six...
Regional and listed lender Diamond Trust Bank Group (DTB) reported a 10.6% rise in net profit to KES 5.4...
Nyakoe Hotel, Kisii County The National Bank of Kenya (NBK) has placed Nyakoe Hotel under receivership due to an insolvent...
The Central Bank of Kenya (CBK) has raised KES 179.8 billion from the tap sale of two reopened infrastructure bonds...
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