TotalEnergies Kenya HY Profit Soars 17%, Despite Stiff Competition
Energy firm TotalEnergies Marketing Kenya PLC has recorded a 17% growth in after-tax profit to KES 1.1 billion in the...
Jubilee Posts 21.7% Profit Growth, Holds Dividend Steady
Regional Insurance solutions provider Jubilee Holdings Ltd has recorded a 21.7% increase in net earnings to KES 3.1 billion...
Sameer Africa Profit Dips 20.4% Amid Revenue Boom
Listed tyre manufacturing and property investment firm Sameer Africa PLC has reported a 20.4% decline in net earnings for the...
Express Ltd Cuts Loss by 20.7% in H1 2025
Transport and logistics company, Express Kenya Ltd has reported a reduced loss for the first half of 2025, reflecting improved...
CBK Powers up New Risk-Based Credit Pricing Model
The Central Bank of Kenya (CBK) has announced the issuance of a revised Risk-Based Credit Pricing Model (RBCPM) for the...
Japan’s Bold Plan for Cheaper Loans to Africa
Japan aims to challenge China’s stronghold on African lending by offering cheaper loans through its development financing arm, the Japan...
Scangroup Loss Thins Sharply by 17.4% in H1 2025
WPP Scangroup Interim CEO Miriam Kaggwa Listed marketing company WPP Scangroup reported a reduced loss for the first...
BOC Profit Soars 170% on Robust Revenue Growth
Regional gas supplier BOC Kenya has reported 169.8% year-on-year growth in net profit to KES 166.7 million in the six...
DTB Profit Up 10.6% Amid Non-interest Income dip
Regional and listed lender Diamond Trust Bank Group (DTB) reported a 10.6% rise in net profit to KES 5.4...
NBK Throws Failing Hotel into Receivership
Nyakoe Hotel, Kisii County The National Bank of Kenya (NBK) has placed Nyakoe Hotel under receivership due to an insolvent...
CBK Raises KES 179.8B from Bond Tap Sale
The Central Bank of Kenya (CBK) has raised KES 179.8 billion from the tap sale of two reopened infrastructure bonds...
Standard Chartered Profit Drops 21% on Income Dip
Listed lender Standard Chartered Bank Kenya has recorded a 21% decline in after-tax profit to KES 8.1 billion in...
NSE Market Cap Soars 63.8% to KES 2.62T, 3-Year High
The Nairobi Securities Exchange (NSE) market cap has surged 63.8% to KES 2.62 trillion year-on-year, the highest since February 2022....
HF Bank Regains Mid-Tier Market Status
Housing finance company limited has been reinstated to a mid peer bank following growth in its market share to 1%,...
MTN Uganda: Dividend jumps 51%, Despite 9.7% Drop in Net Earnings
MTN Uganda declared an interim dividend of Ush 10 per share for the first six months to June 2025, up...
Co-operative Bank Net Profit Jumps 8.4% for H1 2025.
Co-operative Bank Group has recorded 8.4% growth in net profit to KES 14.1 billion in the year ended June 30,...
CBK Cuts CBR to 9.50% in 7th Straight Rate Cut
The Monetary Policy Committee of the Central Bank of Kenya (CBK) elected to cut the Central Bank Rate (CBR) by...
Absa’s H1 2025 PAT Rises 9.1% as Interim Dividend Holds at KES 0.20
ABSA Bank Kenya has recorded a significant increase in Profit After Tax (PAT) and a static dividend per share in...
Equity Group Profit Hits Record KES 35B, Up 17%
Equity Group Holdings has recorded a significant increase in Profit After Tax (PAT) in the first half of 2025 at...
Government to Hold Minority Stake in KPC
The National Treasury Cabinet Secretary, Hon John Mbadi, has said that the government will retain a 35 per cent stake...
Government Eyes KES 20B Equities in Manufacturing Companies
The government intends to invest up to KES 20 billion to acquire ownership in manufacturing companies in Kenya. The plan,...
Debt Servicing Pressure Mounts, CBK Forex Resrves Tumble by KES 65.8B
Kenya's foreign exchange reserves at the central bank fell off a cliff by KES 65.8 billion (4.55%) to $10.69 billion...
Stanbic Bank Kenya PMI July 2025
For the third straight month, Kenya's private sector economy has gotten worse with latest data by Stanbic Kenya showing that...
MPs Push for Inclusive Input on KPC Privatization
The National Assembly of Kenya has today invited the public to submit their opinions on the privatization of Kenya Pipeline...
KPC Stake Sale: National Treasury Banks on KES 100B
The National Treasury plans to raise KES 100 billion from the sale of a 65 percent stake in Kenya Pipeline...
NPLs Surge by KES 7bn Despite stringent recovery measures
The amount of non-performing loans (NPLs) in April hit KES 724.2 billion, up 1% from KES 717 billion in the...
NCBA and MobiKey Ink Deal to Boost Asset Ownership
NCBA has today entered into a partnership with commercial vehicle and equipment distributor, Mobikey Truck and Bus Ltd, aimed at...
Tullow to Exit Kenya in USD $120M Deal
Tullow Plc has agreed to sell all its Kenyan oil assets through its subsidiary – Tullow Overseas Holdings BV to...
Agha Khan to Sell 92.6M Shares as NMG Undertakes Shareholding Restructure
Agha Khan holds a majority of shares in 54.08% of the Nation Media Group (NMG), East Africa's largest media house.
Cabinet Approves Kenya Pipeline Company’s Privatization
The privatization of the Kenya Pipeline Company (KPC) has been approved by the Cabinet, advancing the company's listing on the...
Local Corporate Investors Dominate NSE Share Trading
Local corporate investors have continued to hold a greater share of equities at the Nairobi Securities Exchange (NSE) than local...
CBK Reverses Course, Aligns Banks on Loan Base Rate
The Central Bank of Kenya (CBK) has withdrawn its proposal to control lending through the Central Bank Rate (CBR), conceding...
Foreign Investors’ Market Share Rises to 46.68 % in Q2
Foreign investor participation at the Nairobi Securities Exchange (NSE) increased to an average of 46.88% in the second quarter of...
Williamson Tea Bonus Shares
Williamson Tea Plc is at a standstill targeting approval from the Capital Markets Authority (CMA) to offer 17.51 million new...
SKL lists on NSE, Marking a Milestone for Kenya’s Packaging Industry.
Shri Krishana Overseas Limited (SKL) finally got listed on the NSE yesterday. The firm, which has a total of 50.5...
Kenya Pipeline Company Set to Go Public by September
President William Ruto yesterday announced that the government will sell a portion of its ownership in the Kenya Pipeline Company...
Copia Founders Stage a Comeback with a New Startup.
Former Copia CEO Timothy Steel, former CTO Michael King, and Tracey Turner, Copia co-founder, have made a strong comeback with...
NSE New Trading Rules: 100-Share Limit Scrapped
The Nairobi Securities Exchange (NSE) has modified its trading rules regarding the minimum number of shares allowed for trading. The...
Talanta Investors to reap full tax-free interest.
Investors in the Talanta Sports City Stadium are set to enjoy full interest earnings with no tax obligations, walking away...
CAK to Scrutinize Digital Lenders on Consumer Exploitation Claims
For the first time, the Competition Authority of Kenya (CAK) has been compelled to seriously get to the bottom of...
