CMA Clears NPRT to Acquire 54% of Nation Media Group Without Takeover
The Capital Markets Authority (CMA) has exempted NPRT Holdings Africa Limited from making a mandatory takeover offer regarding NPRT's proposed...
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...
Listed lender Standard Chartered Bank Kenya has recorded a 21% decline in after-tax profit to KES 8.1 billion in the...
The Nairobi Securities Exchange (NSE) market cap has surged 63.8% to KES 2.62 trillion year-on-year, the highest since February 2022....
Housing finance company limited has been reinstated to a mid peer bank following growth in its market share to 1%,...
MTN Uganda declared an interim dividend of Ush 10 per share for the first six months to June 2025,...
Co-operative Bank Group has recorded 8.4% growth in net profit to KES 14.1 billion in the year ended June 30,...
The Monetary Policy Committee of the Central Bank of Kenya (CBK) elected to cut the Central Bank Rate (CBR) by...
ABSA Bank Kenya has recorded a significant increase in Profit After Tax (PAT) and a static dividend per share in...
Equity Group Holdings has recorded a significant increase in Profit After Tax (PAT) in the first half of 2025 at...
The National Treasury Cabinet Secretary, Hon John Mbadi, has said that the government will retain a 35 per cent stake...
The government intends to invest up to KES 20 billion to acquire ownership in manufacturing companies in Kenya. The plan,...
Kenya's foreign exchange reserves at the central bank fell off a cliff by KES 65.8 billion (4.55%) to $10.69 billion...
For the third straight month, Kenya's private sector economy has gotten worse with latest data by Stanbic Kenya showing that...
The National Assembly of Kenya has today invited the public to submit their opinions on the privatization of Kenya Pipeline...
The National Treasury plans to raise KES 100 billion from the sale of a 65 percent stake in Kenya Pipeline...
The amount of non-performing loans (NPLs) in April hit KES 724.2 billion, up 1% from KES 717 billion in the...
NCBA has today entered into a partnership with commercial vehicle and equipment distributor, Mobikey Truck and Bus Ltd, aimed at...
Tullow Plc has agreed to sell all its Kenyan oil assets through its subsidiary – Tullow Overseas Holdings BV to...
Agha Khan holds a majority of shares in 54.08% of the Nation Media Group (NMG), East Africa's largest media house.
The privatization of the Kenya Pipeline Company (KPC) has been approved by the Cabinet, advancing the company's listing on the...
Local corporate investors have continued to hold a greater share of equities at the Nairobi Securities Exchange (NSE) than local...
The Central Bank of Kenya (CBK) has withdrawn its proposal to control lending through the Central Bank Rate (CBR), conceding...
Foreign investor participation at the Nairobi Securities Exchange (NSE) increased to an average of 46.88% in the second quarter of...
Williamson Tea Plc is at a standstill targeting approval from the Capital Markets Authority (CMA) to offer 17.51 million new...
Shri Krishana Overseas Limited (SKL) finally got listed on the NSE yesterday. The firm, which has a total of 50.5...
President William Ruto yesterday announced that the government will sell a portion of its ownership in the Kenya Pipeline Company...
Former Copia CEO Timothy Steel, former CTO Michael King, and Tracey Turner, Copia co-founder, have made a strong comeback with...
The Nairobi Securities Exchange (NSE) has modified its trading rules regarding the minimum number of shares allowed for trading. The...
Investors in the Talanta Sports City Stadium are set to enjoy full interest earnings with no tax obligations, walking away...
For the first time, the Competition Authority of Kenya (CAK) has been compelled to seriously get to the bottom of...
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