Carbacid Investments Net Profit Surges 24.4% to KES 1B in FY 2025
Manufacturing firm, Carbacid Investments Plc, has reported strong financial results for the period ending July 31 2025, with revenue reaching...
NSE Market Report: Trading Activity Slows, Unga Tops Gainers as AMAC Plunges 16%
Market indices showed mixed performance, with the benchmark NSE All Share Index (NASI) inching up by 0.01 points to close...
Sacco Regulator Licenses New SACCOs as Industry Assets Surge Past KES 1 Trillion
The Sacco Societies Regulatory Authority (SASRA) has licensed a number of new Savings and Credit Cooperative Societies to operate in...
Limuru Tea Appoints New Directors Effective October 15, 2025
Limuru Tea Kenya Plc has made announcement on two key changes in its leadership, effective October 15, 2025. According to...
CBK Confidently Targets to Raise KES 40B in November Bond Auction
The Central Bank of Kenya (CBK) is targeting to raise KES 40B through two re-opened treasury bonds - FXD1/2012/020 and...
Longhorn Publishers Posts KES 261Mn Loss for FY25
According to Longhorn Publishers report, the management had reduced the operating cost by 20% in the review period but the...
WPP ScanGroup Plc Appoints New CEO effective 17th November 2025
According to a public announcement notice issued by WPP Scangroup Plc, Ms. Akua Brayie Owusu-Nartey has been appointed as the...
NSE Market Report For 23rd October 2025: Afri Mega Agricorp Leads Gainers
As market close on 23rd October 2025 at the Nairobi Securities Exchange (NSE), manufacturing firm Afri Mega Agricorp Plc was...
NSE Market Report for 21 October 2025: Bourse on Uptrend, NCBA Group Top Gainer
As of market close on 21st October 2025 at the Nairobi Securities Exchange (NSE), trading activity went up by 107.8%...
CBK Skips Dividend Payout to Treasury for the First Time since 2018
For the first time in seven years, the Central Bank of Kenya (CBK) will not to pay dividends to the...
CAK Approves Acquisition of 100% of Minet (Mauritius) Holdings by Bima Holdings
The Competition Authority of Kenya (CAK) has approved a proposal issued by Bima Holdings limited seeking to acquire 100% of...
EPRA Maintains Fuel Prices in October 15 2025 – November 14 2025 Pumping Cycle
Energy and Petroleum Regulation Authority (EPRA) has released October’s fuel price review which saw the maximum pump prices for super...
COMESA Penalizes Diageo USD 750,000 For Unfair Distribution Practices
Multinational spirits and beer manufacturing company, Diageo Plc has been fined USD 750,000 (KES 96.9 million) by the Common Market...
IRA Approves Transfer of Sanlam General Insurance to Jubilee Allianz
The transfer of Sanlam General Insurance to Jubilee Allianz general insurance Limited, which is valued at KES 820.6 million, has...
KRA’s Customs Revenue Surges to KES 85Bn Milestone, Hitting Record High
September 2025 marks a month of notable achievement for the Kenya Revenue Authority (KRA) as their customs tax collections hit...
Equity Group Foundation, WorldQuant University, partner to Boost Education in MOU Signed Sep 25, 2025
On September 25th 2025, a Memorandum of Understanding (MOU) was signed between Equity Group Foundation (EGF) and the WorldQuant University...
NSE Market Report, 7 October 2025: Indices Decline as Safaricom Closes with KES 144.71Mn Turnover
As market closed on Tuesday 7th October, Unga Group became the top gainer in the day's trading session at The...
Geopolitical Tensions Fuel Sharp Increase In Brent Oil Prices.
The price of crude oil has had the greatest weekly surge for the first time in over three months, leaving...
Oil Prices Dip as Saudi Arabia Ramps up Oil Production.
Murban crude oil output in Saudi Arabia has significantly gone up with the aim of reclaiming market share as opposed...
Government Is Yet To Hold Formal Talks With Safaricom Board On Potential Splitting Of The Firm.
Kenya`s government, a major shareholer of Safaricom Plc is considering splitting the company into three firms to boost revenue. However,...
Umeme`s Share Price Drops by 71%
Umeme Limited, a dual listed company, saw its shares drop heavily by 71% to KES.6.94 as market closed on 23rd...
Derivative Contracts Face Increased Margins by NSE.
The Nairobi Securities Exchange (NSE), as of 18th September 2025, issued a notice that highlighted their move to increase initial...
Crude Oil Prices Are Facing Mixed Signals Stemming From Different Factors.
Last Thursday the International Energy Agency (IEA), announced a significant surge in its estimates on the global crude oil output...
AGOA`s Deadline Scales Up Pressure on African Countries.
September 30th marks the expiration of the African Growth and Opportunity Act (AGOA), alarming African manufactures and stakeholders. As the...
EAPC Directed to Buyback its Shares Between Ongoing Sale
East African Portland Cement Company (EAPC), was directed by Kenyan lawmakers on Tuesday to repurchase its shares from Swiss Multinational...
Government Draws Out Fuel Relief.
Subsidy withdrawal by the government has left many citizens exposed to higher costs of fuel, as the money set aside...
Rubis Kenya Gains KES 5.2Bn From Trade of Fuel Subsidy Bond.
Oil marketer, Rubis sold government bonds worth KES. 5.2Bn in the first half of the year period that ended in...
Equity Bank Eyes Ethiopian Market as Part of Pan-African Expansion
Dr. James Mwangi, Chief Executive Officer (CEO) for Equity Bank Group, seeks to widen the banks operations by entering into...
EPRA Announces a Drop in Fuel Prices in its Latest Review.
The Energy and petroleum regulatory authority (EPRA) has announced a marginal reduction in fuel prices following its latest monthly review...
NSE Emerges Third on Dollars Return Ranking Across Africa.
Morgan Stanley Capital International (MSCI), a company that globally provides financial indices, during a recent market analysis, reported Nairobi Securities...
NSE Faces Negative Inflow Trend as Foreign Investors Move KES.1.18Bn
The Nairobi securities exchange (NSE), recorded significant dip in its inflows during the first week of September, compared to August’s...
Nairobi Business Ventures PLC Records a Dip of 11% in Profit After Tax.
Nairobi Business ventures PLC posted 11% drop in its profit after tax from KES. 36.3million in 2024 to KES. 32.2million...
Central Bank Approves 27 New Digital Lenders.
The number of approved Digital Credit Providers (DCPs) is now at 153 after the Central Bank of Kenya (CBK) granted...
Kenya`s Credit Rating Improves to a “B” Amid Fiscal Provocation.
Kenya`s score on the credit rating was upgraded to B from a previous B- on August 22, 2025 by S&P,...
Kenya’s Inflation Rises to 4.5% in August, Driven by Food and Transport Cost
Kenya’s annual inflation rate climbed for the third consecutive month in August 2025, reaching 4.5 percent, up from 4.1 percent...
Sanlam Reports 89% Drop in Profit After Tax.
Sanlam Kenya Plc's half year results show a significant drop of 89% in its profits after tax. The profits dropped...
Kenya’s Credit Rating Rises to “B” Amid Fiscal Challenges
Kenya's score on the credit rating was upgraded to B from a previous B- on August, 22, 2025 by S&P...
EPRA`S Review: Super Petrol Reduce by 1 Shilling, Diesel Unchanged.
The latest fuel price review show that Energy and Petrol Regulatory Authority (EPRA) has decreased the prices of petroleum products...
Car and General H1 Financial Results
Car and general limited (CGEN.KE) recent financial release show that the turnover for the first six months, that ended 30...
Airtel Africa and Vodacom Sign a Deal to Share Networks.
A strategic infrastructure sharing agreement has been announced by Airtel Africa and Vodacom group. The sharing agreement will be focused...
Nine Major Banks Dominate Profit Share at 90%
In 2024, around 90 percent of the banking industry's profitability was recorded by nine big banks labelling a sign of...
KEMRI Set To Dominate Herbal Medicine Under Proposed Bill.
The proposed bill requires that conventional medical practitioners should adhere to the regulations set by the Kenya Medical Research Institute...
July Inflation Rate Rises To 4.1%, a 3 Month High.
Inflation rate as measured by the Consumer Price Index annually was 4.1% in July 2025, an increase from last month’s...
Cabinet Approves For 80MW Geothermal Power Plant.
The Kenyan government recently approved the construction of Olkaria VII geothermal power which will pump an extra 80.3 megawatts into...
Kenya`s Trade Deal with China Draws Closer Amid US Tensions.
On Wednesday, Kenya made a prime trade turning point, after president William Ruto announced that China has consented to lift...
Kenyan Leaders Raise a Complaint as Tanzania Bans Trade.
Tanzania recently decided to reserve small businesses for its citizens, so as to safeguard them from foreign market interference. This...
World Bank Clears KES 97Bn for Kenya As President Ruto Signs Conflict-of-Interest Bill
Kenya is now in step with World Bank`s essential financing condition, making a step closer to unlock KES 97 billion...
US Passes Key Legislation on Crypto Regulation
Advocates in the US have passed the country’s major legislation in the cryptocurrency industry. according to Reuters, the law was...
Fuel Subsidy Expended as Consumers Brace for Higher Fuel Cost
Kenya has depleted the fuel subsidy fund which was meant to soften retail fuel prices so as to shield consumers...
How Rising Fuel Prices Are Affecting Kenyans in 2025
Last week, Energy and Petroleum Regulatory Authority (EPRA), released it’s monthly review on fuel prices. The review showed a sharp...
NSE’s New ETF Connects Kenyans to Global Markets
Listing of the Satrix Global ETF on the NSE has shifted gears within the Kenyan capital markets as it opens...
EPRA’s July Review: Fuel Prices Surge Amid Global Tensions
Kenya’s reliance on imported petroleum products leaves it vulnerable to such global shocks, pushing EPRA to hike prices based on...
