Sun, 30-Nov 2025

Search news articles

Home
Press Releases
All Categories Agriculture Banking Aviation Energy Manufacturing Technology Startups
Geopolitics
Kenya Business News African Business News Global News
Media

Loading...

Loading...

Loading...

Loading...

Loading...

Loading...

Loading...

Loading...

Loading...

Loading...

Loading...

Loading...

Loading...

Loading...

Loading...

Loading...

Loading...

Loading...

Loading...

Loading...

Loading...

Loading...

Loading...

Loading...

Loading...

Loading...

Loading...

Loading...

Disclaimer
Privacy Policy
Advertise with us
Share with us

Contact Us

Kenyan Wall Street
Email: [email protected]
Website: www.kenyanwallstreet.com

About Us

We are a leading integrated digital content platform providing in-depth business and financial news across Sub-Saharan Africa & the globe.

Disclaimer

The information contained in this website is for general information purposes only.

© 2025 Wallstreet Africa. All Rights Reserved.

1.0.23

Loading...

Latest

Afreximbank Raises US$ 527mn in Second Samurai Bond Transactions

Rushbox Acquires BuyRentKenya in Strategic Real Estate Expansion

Court Axes Restrictions For Farmers Sharing Indigenous Seeds

Kenya Lost KSh 29.9bn to Cybercrime in 2025 as Attacks Intensify

A Glimpse of Bitcoin's Safe-Haven Potential?

Portland and Uchumi Extend Strong Runs as KCB Drives Friday Trade

Treasury Targets Long-Term Funding in Ninth FY25/26 Bond Reopening

Centum's HY Losses Ease to KSh 326Mn on Deferred Tax Credit, Lower Finance Costs

View More

Loading...

Loading...

Loading...

Loading...

Loading...

Loading...

Your edge in markets, powered by AI

Explore cutting-edge insights with our AI assistant, delivering real-time analysis, personalized news, and in-depth answers at your fingertips.

Sign Up

Show me today’s top trades

Explain the market in simple terms

What’s my next smart move?

Report Issue

Loading...

Loading...

Loading...

Loading...

Loading...

Loading...

Loading...

Loading...

Loading...

Loading...

Loading...

Loading...

Ruto Leans on Private Capital as Kenya Shifts Gears in Roads Funding

President William Ruto has renewed his push for private investment in Kenya’s road network, saying the country can no longer rely on the national budget and costly borrowinga day ago | Investment

Brand Partnerships

Thumbnail for Money, Markets, and The Quick Wealth Illusion - Just Money Podcast

Hisa App, HFM, KOFISI

Money, Markets, and The Quick Wealth Illusion - Just Money Podcast

The internet is flooded with hype promising high monthly returns, easy Forex trading success, and instant financial freedom. But what if that 'pompous lifestyle' is just an illusion? In the pilot episode of the Just Money Podcast, we're pulling back the curtain on the most pervasive myths in finance. Our host, Just Ivy Africa, challenges experts Bernard Nyaga (Head of Country,HFM) and Leah Wakarima (COO,HISA) on how the markets really work, who they truly benefit, and the biggest mistakes people make with their money.

Thumbnail for Why CIB Kenya is Backing SMEs with a Revolutionary Lending Model || Investing like an Executive

Commercial International Bank Kenya (CIB Bank Kenya)

Why CIB Kenya is Backing SMEs with a Revolutionary Lending Model || Investing like an Executive

In a market where traditional banks often shy away from risk, CIB Kenya CEO Abhinav Nehra is doing the opposite. He sits down to discuss the bank's bold new approach to SME lending and its plans to change the financial landscape in Kenya and beyond.

Thumbnail for Inside M-pesa Tech Stack that powers 4,000 transactions per second

Inside M-pesa Tech Stack that powers 4,000 transactions per second

What does it take to run a fintech platform that processes 4,000 transactions per second? In this exclusive interview, Safaricom's Head of Financial Services IT, Felix K. Rop, gives us an inside look of how the company is evolving its architecture with a new cloud-native, active-active system, leveraging AI for fraud detection, and managing the pressure of providing an always-on, secure service to millions of customers. This is the story of how M-Pesa became a fintech giant.

Thumbnail for Inside Tatu City: Why Global Firms are Flocking to Africa's $4 Billion SEZ Hub

Inside Tatu City: Why Global Firms are Flocking to Africa's $4 Billion SEZ Hub

Dive into the strategic development of Tatu City, the $4 Billion investment revolutionizing urban living and business in East Africa. In this exclusive interview, Solomon Mahinda, Executive Vice President of Tatu City, breaks down the project’s success, its Special Economic Zone (SEZ) advantage, and its massive impact on job creation and FDI in Kenya.

Thumbnail for Money, the Middle-Income Trap and Building Wealth

Just Money Podcast

Money, the Middle-Income Trap and Building Wealth

Are you earning more but still feel broke? That's the middle-income trap. In this must-watch episode of the Just Money Podcast, financial visionary Valentine Njoroge, Co-founder & CEO of Africa's Pocket, and Wealth strategist Stan Agacho, founder of One Million Nation (ONAMA), reveal the hard truths about money, the psychology of wealth, and the actionable steps you need to take to build true financial freedom. We cut through the noise on lifestyle inflation, conspicuous consumption, debt management, and the crucial financial conversations you must have with your partner.

Thumbnail for 60M Customers & Ksh 200B Revenue: Inside Safaricom Group Half Year 2026 Results with CFO Dilip Pal

60M Customers & Ksh 200B Revenue: Inside Safaricom Group Half Year 2026 Results with CFO Dilip Pal

In this exclusive interview, The Kenyan Wall Street Founder Eric Asuma sits down with Dilip Pal, the Group Chief Finance Officer of Safaricom PLC, as he dives deep into the company's strong half-year financial results for the first half of the financial year 2026.

Newsletters

Kenya's #1 newsletter among business leaders & policy makers

The Long Drive to the Bourse

Kenya's #1 newsletter among business leaders & policy makers

Petitions to Beijing

Kenya's #1 newsletter among business leaders & policy makers

No Reprieve for NCBA

Kenya's #1 newsletter among business leaders & policy makers

The Defective Fertiliser Subsidy

Kenya's #1 newsletter among business leaders & policy makers

Sidian Bank's Astonishing Ascent

Kenya's #1 newsletter among business leaders & policy makers

Cytonn's House of Cards

Your News

Kenya Business news

The High Court has struck down key provisions of the Seed and Plant Varieties Act, reshaping the regulatory landscape that has governed how farmers save, exchange, and market indigenous seed

Court Axes Restrictions For Farmers Sharing Indigenous Seeds

The High Court has struck down key provisions of the Seed and Plant Varieties Act, reshaping the regulatory landscape that has governed how farmers save, exchange, and market indigenous seed

Kenya recorded cyber-related losses of KSh 29.9 billion this year as attacks grew in frequency, sophistication and economic impact, according to a new industry assessment by cybersecurity firm Serianu.

Kenya Lost KSh 29.9bn to Cybercrime in 2025 as Attacks Intensify

Kenya recorded cyber-related losses of KSh 29.9 billion this year as attacks grew in frequency, sophistication and economic impact, according to a new industry assessment by cybersecurity firm Serianu.

Kenya Urges China to Cut Tariffs as Trade Gap Widens

Kenya’s mobile money ecosystem showed signs of cooling in September, even as agency networks continued to expand, new data shows.

Mobile Money Momentum Cools as Transaction Values Dip in September

Kenya’s mobile money ecosystem showed signs of cooling in September, even as agency networks continued to expand, new data shows.

Car Dealer Urysia Adds Jeep, Citroën to Its Kenyan Lineup

Global News

Global index provider MSCI Inc. added CIC Insurance Group and Williamson Tea Kenya to its Frontier Markets Small Cap Index.

CIC Insurance and Williamson Tea Added to MSCI Frontier Markets Small Cap Index

Global index provider MSCI Inc. added CIC Insurance Group and Williamson Tea Kenya to its Frontier Markets Small Cap Index.

The Paradigm Initiative (PIN) has raised concern over Tanzania’s recent election-period internet blackout and ongoing reports of bandwidth throttling in parts of the country

Tanzania’s Internet Blackout Has Cost Over US $238 Million - Paradigm Initiative

The Paradigm Initiative (PIN) has raised concern over Tanzania’s recent election-period internet blackout and ongoing reports of bandwidth throttling in parts of the country

Zoho has announced the immediate launch of new agentic AI features across its collaboration, customer experience, and human resources products.

Zoho Expands AI Access with Free Agentic Tools for Businesses

Zoho has announced the immediate launch of new agentic AI features across its collaboration, customer experience, and human resources products.

Computing infrastructure behemoth Nvidia Corporation has taken a deeper step into Africa’s emerging digital infrastructure market through an investment in Cassava Technologies, strengthening a partnership that is driving the continent’s [...]

Nvidia Expands African Footprint with Stake in Cassava Technologies

Computing infrastructure behemoth Nvidia Corporation has taken a deeper step into Africa’s emerging digital infrastructure market through an investment in Cassava Technologies, strengthening a partnership that is driving the continent’s [...]

Former French President Nicolas Sarkozy has begun a five-year prison sentence after being convicted of conspiring to raise illegal campaign funds from Libya’s late ruler, Muammar Gaddafi, a moment that [...]

Former French President Sarkozy Begins Prison Term Over Libya Campaign Funds

Former French President Nicolas Sarkozy has begun a five-year prison sentence after being convicted of conspiring to raise illegal campaign funds from Libya’s late ruler, Muammar Gaddafi, a moment that [...]

Markets

Uchumi rises to KSh 1.04 after touching 1.12, pushing YTD gains past 500%. Portland climbs 9.86% to KSh 78.00 as interest stays strong.

Turnover reaches KSh 570M led by KCB and Safaricom. Foreign buys hit KSh 32M and sells KSh 107M.

NASI is up 0.46%. BK Group, TotalEnergies and Portland lead gainers while Centum and Standard Group top the losers.

Portland and Uchumi Extend Strong Runs as KCB Drives Friday Trade

Uchumi rises to KSh 1.04 after touching 1.12, pushing YTD gains past 500%. Portland climbs 9.86% to KSh 78.00 as interest stays strong. Turnover reaches KSh 570M led by KCB and Safaricom. Foreign buys hit KSh 32M and sells KSh 107M. NASI is up 0.46%. BK Group, TotalEnergies and Portland lead gainers while Centum and Standard Group top the losers.

Kenya has opened its ninth reopening of FY25/26, offering KSh 40B across the 30-year SDB1/2011/030 and 25-year FXD1/2021/025.

The December auction pushes issuance into the long end of the curve as the Treasury strengthens its front-loaded strategy ahead of heavy 2026 maturities.

The sale follows strong November activity that lifted cumulative bond proceeds to about KSh 598B before December bidding begins.

Treasury Targets Long-Term Funding in Ninth FY25/26 Bond Reopening

Kenya has opened its ninth reopening of FY25/26, offering KSh 40B across the 30-year SDB1/2011/030 and 25-year FXD1/2021/025. The December auction pushes issuance into the long end of the curve as the Treasury strengthens its front-loaded strategy ahead of heavy 2026 maturities. The sale follows strong November activity that lifted cumulative bond proceeds to about KSh 598B before December bidding begins.

Centum delivered a steadier half-year to September 2025 with its loss after tax easing to KSh 326M, supported by lower finance costs, stronger deferred tax credits and improved results across key subsidiaries.

NAV per share rose to KSh 68.75 as liabilities fell and operating cash flow reached KSh 703M.

Management said performance reflected ongoing deleveraging, firmer cash generation and progress on major projects, including the Vipingo SEZ and the TRIFIC North Tower monetization plan.

Centum's HY Losses Ease to KSh 326Mn on Deferred Tax Credit, Lower Finance Costs

Centum delivered a steadier half-year to September 2025 with its loss after tax easing to KSh 326M, supported by lower finance costs, stronger deferred tax credits and improved results across key subsidiaries. NAV per share rose to KSh 68.75 as liabilities fell and operating cash flow reached KSh 703M. Management said performance reflected ongoing deleveraging, firmer cash generation and progress on major projects, including the Vipingo SEZ and the TRIFIC North Tower monetization plan.

Kenya Airways has issued a profit warning saying FY25 earnings will fall by at least 25% after engine shortages left three Boeing 787 aircraft grounded.

The airline reported weaker HY traffic as passenger numbers fell 14% and revenue passenger kilometers dropped 19%. Turnover fell 19% to KSh 74.50B.

The grounded fleet raised costs and cut flying hours. Management said recovery efforts will focus on returning aircraft to service, lowering costs and improving cash flow.

Kenya Airways Warns of 25% Earnings Drop as Three Boeing 787s Stay Grounded

Kenya Airways has issued a profit warning saying FY25 earnings will fall by at least 25% after engine shortages left three Boeing 787 aircraft grounded. The airline reported weaker HY traffic as passenger numbers fell 14% and revenue passenger kilometers dropped 19%. Turnover fell 19% to KSh 74.50B. The grounded fleet raised costs and cut flying hours. Management said recovery efforts will focus on returning aircraft to service, lowering costs and improving cash flow.

AA Kenya will list on the Nairobi Securities Exchange after shareholders approved a listing by introduction and a full set of capital actions, including a 16-for-1 share split, a 6.13Mn bonus issue and authority to allot 49.09Mn in new shares.

The move follows stronger 2024 results, with turnover at 913.92Mn, operating surplus at 71.57Mn and surplus for the year at 54.99Mn.

Shareholders also approved the dividend, the audited accounts and the reappointment of the auditor.

AA Kenya Shareholders Vote for NSE Listing, 16-for-1 Split and 6.13Mn Bonus Shares

AA Kenya will list on the Nairobi Securities Exchange after shareholders approved a listing by introduction and a full set of capital actions, including a 16-for-1 share split, a 6.13Mn bonus issue and authority to allot 49.09Mn in new shares. The move follows stronger 2024 results, with turnover at 913.92Mn, operating surplus at 71.57Mn and surplus for the year at 54.99Mn. Shareholders also approved the dividend, the audited accounts and the reappointment of the auditor.

Trade

AA Kenya will list on the Nairobi Securities Exchange after shareholders approved a listing by introduction and a full set of capital actions, including a 16-for-1 share split, a 6.13Mn bonus issue and authority to allot 49.09Mn in new shares.

The move follows stronger 2024 results, with turnover at 913.92Mn, operating surplus at 71.57Mn and surplus for the year at 54.99Mn.

Shareholders also approved the dividend, the audited accounts and the reappointment of the auditor.

AA Kenya Shareholders Vote for NSE Listing, 16-for-1 Split and 6.13Mn Bonus Shares

AA Kenya will list on the Nairobi Securities Exchange after shareholders approved a listing by introduction and a full set of capital actions, including a 16-for-1 share split, a 6.13Mn bonus issue and authority to allot 49.09Mn in new shares. The move follows stronger 2024 results, with turnover at 913.92Mn, operating surplus at 71.57Mn and surplus for the year at 54.99Mn. Shareholders also approved the dividend, the audited accounts and the reappointment of the auditor.

Kenya Urges China to Cut Tariffs as Trade Gap Widens

Car Dealer Urysia Adds Jeep, Citroën to Its Kenyan Lineup

Kenya’s coffee sector is in its strongest year on record after prices at the Nairobi Coffee Exchange hit KSh 1,025.03 per kilo in September, the first monthly reading above the 1,000 level.

The 2025 average for January to September stands at KSh 904.42 per kilo, already higher than any individual month before 2025.

Export performance has matched the price surge, with 45,250 tonnes shipped in the first nine months of the year, earning KSh 43.36 billion. March to May delivered the highest monthly export values ever recorded.

Kenya's Coffee Prices Cross KSh 1,000/Kg Record

Kenya’s coffee sector is in its strongest year on record after prices at the Nairobi Coffee Exchange hit KSh 1,025.03 per kilo in September, the first monthly reading above the 1,000 level. The 2025 average for January to September stands at KSh 904.42 per kilo, already higher than any individual month before 2025. Export performance has matched the price surge, with 45,250 tonnes shipped in the first nine months of the year, earning KSh 43.36 billion. March to May delivered the highest monthly export values ever recorded.

Report identifies interoperability gaps, regulatory inconsistencies and implementation challenges as the most significant obstacles to digitising trade.

Digitizing Trade Stumbles on Costs, Standards

Report identifies interoperability gaps, regulatory inconsistencies and implementation challenges as the most significant obstacles to digitising trade.

Advertising

In an age of endless noise, sports remain the last true island of attention, showing how brands can use live moments to build authentic connections, inspire engagement, and create lasting emotional impact in Kenya’s evolving media landscape.

Sports, The Last Island of Attention in a Noisy Media World

In an age of endless noise, sports remain the last true island of attention, showing how brands can use live moments to build authentic connections, inspire engagement, and create lasting emotional impact in Kenya’s evolving media landscape.

WPP Scangroup Plc has appointed Akua Brayie Owusu-Nartey as Group Chief Executive Officer and Executive Director, effective 17 November 2025, after the departure of Patricia Ithau in July. A Turbulent [...]

WPP Scangroup Appoints Akua Brayie Owusu-Nartey as Group CEO

WPP Scangroup Plc has appointed Akua Brayie Owusu-Nartey as Group Chief Executive Officer and Executive Director, effective 17 November 2025, after the departure of Patricia Ithau in July. A Turbulent [...]

The oldest Kenyan media company, Standard Group PLC, has released its unaudited results for the six months ended June 30, 2025, showing continued losses but modest improvements in cost control [...]

Standard Group Narrows HY Loss ahead of KSh 1.5Bn Rights Issue

The oldest Kenyan media company, Standard Group PLC, has released its unaudited results for the six months ended June 30, 2025, showing continued losses but modest improvements in cost control [...]

WPP Scangroup Plc reported a half-year net loss of KSh 208.3 million for the six months ended June 30, 2025, an improvement from KSh 252.3 million a year earlier. Forex [...]

WPP Scangroup Half-Year Loss Eases to KSh 208Mn as Forex Losses Drop 97%

WPP Scangroup Plc reported a half-year net loss of KSh 208.3 million for the six months ended June 30, 2025, an improvement from KSh 252.3 million a year earlier. Forex [...]

Kenya Seeks to Re-Evaluate Its Magical Kenya' Brand As Regional Competition Heats Up

Kenya has appointed a 23-member taskforce to overhaul the “Magical Kenya” brand and position the tourism sector for growth and record revenues. The panel also includes Monali Shah, a marketing [...]

Guest Opinions

A Glimpse of Bitcoin's Safe-Haven Potential?

A Glimpse of Bitcoin's Safe-Haven Potential?

So, is Bitcoin a safe haven from market turmoil? There's no definitive answer- not yet. Sometimes it acts like one; most of the time, it doesn’t.

Stalled Reforms Keep Kenya’s Power Costs Soaring

Stalled Reforms Keep Kenya’s Power Costs Soaring

Kenya’s quest for cheaper and more reliable electricity is slowing, with a new World Bank assessment warning that key reforms have stalled

Is Bitcoin Calming Down as it Matures?

Is Bitcoin Calming Down as it Matures?

Crypto platforms like Luno have made it easier for investors to participate in this evolving market safely, providing access, education, and tools to navigate Bitcoin’s complexities responsibly.

In Payment Flows, Seamless User Experience and Technical Sophistication Don't Need to Compete

In Payment Flows, Seamless User Experience and Technical Sophistication Don't Need to Compete

Successfully managing payment complexity requires a multi-layered approach: intuitive UX design that serves diverse user needs, strategic friction that builds trust rather than frustration, and smart technical architecture that handles complexity behind the scenes.

Africa’s Opportunity in the Era of Artificial Intelligence

Linda

Africa’s Opportunity in the Era of Artificial Intelligence

The G20 Can Help Unlock Africa's Sports Economy

Yvonne

The G20 Can Help Unlock Africa's Sports Economy

Looking at sport through an economic lens - as infrastructure capable of scaling markets and strengthening local value chains Looking at sport through an economic lens - as infrastructure capable of scaling markets and strengthening local value chains

Watch and Listen

Thumbnail for How Safaricom is Leveraging AI to Bolster M-Pesa Security and Efficiency

How Safaricom is Leveraging AI to Bolster M-Pesa Security and Efficiency

Safaricom is increasingly integrating Artificial Intelligence (AI) into its M-Pesa platform, particularly to strengthen fraud detection capabilities and enhance overall system monitoring and prediction. This adoption of AI is part [...]

The Kenyan

The Kenyan Wall Street

September 08, 2025

Thumbnail for Inside Absa’s KSh 47Bn Green Finance Push

The Kenyan

The Kenyan Wall Street

September 08, 2025

Inside Absa’s KSh 47Bn Green Finance Push

Thumbnail for How The Partnerships Africa Became a Top Marketing Firm in Under Two Years

The Kenyan

The Kenyan Wall Street

September 08, 2025

How The Partnerships Africa Became a Top Marketing Firm in Under Two Years

Thumbnail for How Superior Homes is Navigating Macro Challenges to Deliver Quality Middle-Class Housing in Kenya

Brand Partnerships

September 08, 2025

How Superior Homes is Navigating Macro Challenges to Deliver Quality Middle-Class Housing in Kenya

Thumbnail for Just Money Podcast || Money, Markets, and The Quick Wealth Illusion- Leah Wakarima & Bernard Nyaga

The Kenyan

The Kenyan Wall Street

October 27, 2025

Just Money Podcast || Money, Markets, and The Quick Wealth Illusion- Leah Wakarima & Bernard Nyaga

Thumbnail for How Safaricom is Leveraging AI to Bolster M-Pesa Security and Efficiency

The Kenyan

The Kenyan Wall Street

September 08, 2025

How Safaricom is Leveraging AI to Bolster M-Pesa Security and Efficiency

Thumbnail for Inside Absa’s KSh 47Bn Green Finance Push

The Kenyan

The Kenyan Wall Street

September 08, 2025

Inside Absa’s KSh 47Bn Green Finance Push

Thumbnail for How The Partnerships Africa Became a Top Marketing Firm in Under Two Years

The Kenyan

The Kenyan Wall Street

September 08, 2025

How The Partnerships Africa Became a Top Marketing Firm in Under Two Years

Thumbnail for How Superior Homes is Navigating Macro Challenges to Deliver Quality Middle-Class Housing in Kenya

Brand Partnerships

September 08, 2025

How Superior Homes is Navigating Macro Challenges to Deliver Quality Middle-Class Housing in Kenya

Thumbnail for Just Money Podcast || Money, Markets, and The Quick Wealth Illusion- Leah Wakarima & Bernard Nyaga

The Kenyan

The Kenyan Wall Street

October 27, 2025

Just Money Podcast || Money, Markets, and The Quick Wealth Illusion- Leah Wakarima & Bernard Nyaga

Unlock Market Insights Like Never Before

Access exclusive news, expert analysis, and tools designed to give investors an edge.

African Market Indices

Track key African stock exchanges and indices, from Johannesburg to Nairobi and Lagos.

Local and Global Insights

Unique perspective with a blend of local and global news and analysis, tailored for African investors.

Real-Time Economic Indicators

Monitor inflation, currency movements, and other key economic indicators for African countries.

Interactive Data for Local Markets

Visualize trends and compare markets across Africa with interactive charts and tools.

Wallstreet Africa

Wallstreet Africa

Wallstreet Africa

Wallstreet Africa

Ambassador Linda Thomas-Greenfield, former U.S. Ambassador to the United Nations and a veteran diplomat, has joined the board of Rendeavour

US Ambassador Linda Thomas-Greenfield on Diplomacy and Leadership

Ambassador Linda Thomas-Greenfield, former U.S. Ambassador to the United Nations and a veteran diplomat, has joined the board of Rendeavour

NSSF is the largest shareholder ahead of the National Treasury. Kalahari currently owns 26.3 million EAPC shares while Bamburi Cement Plc, another Munif‑aligned firm, holds 12.5 %.

Tanzanian Tycoon Seeks Majority Control of East African Portland Cement With New Bid for NSSF’s 27 % Stake

NSSF is the largest shareholder ahead of the National Treasury. Kalahari currently owns 26.3 million EAPC shares while Bamburi Cement Plc, another Munif‑aligned firm, holds 12.5 %.

The Capital Markets Authority has opened a new governance review into Uchumi Supermarkets after a complaint by investor and lawyer Francis Njoroge Wanjiku, citing audit delays, weak governance and stalled Company Voluntary Arrangement progress.

The move comes as Uchumi’s share price surges 365 percent this year to its highest level since 2019, a rally driven by speculative trading despite unresolved financial and legal pressures.

CMA Opens New Uchumi Governance Review as Stock Price Soars 365% on Speculation

The Capital Markets Authority has opened a new governance review into Uchumi Supermarkets after a complaint by investor and lawyer Francis Njoroge Wanjiku, citing audit delays, weak governance and stalled Company Voluntary Arrangement progress. The move comes as Uchumi’s share price surges 365 percent this year to its highest level since 2019, a rally driven by speculative trading despite unresolved financial and legal pressures.

Sidian Bank’s nine-month profit after tax rose to 1.47 billion after operating income increased 92.8 percent to 5.63 billion.

Non-interest income expanded and the bank raised its investment in government securities to 40.06 billion while the loan book remained flat at 25.10 billion.

Deposits grew to 77.96 billion and assets reached 95.06 billion. Costs and provisions increased and gross NPLs rose to 8.42 billion.

Sidian Bank's Q3 Profit Soars 470% to KSh 1.47 Billion on Revenue Boom

Sidian Bank’s nine-month profit after tax rose to 1.47 billion after operating income increased 92.8 percent to 5.63 billion. Non-interest income expanded and the bank raised its investment in government securities to 40.06 billion while the loan book remained flat at 25.10 billion. Deposits grew to 77.96 billion and assets reached 95.06 billion. Costs and provisions increased and gross NPLs rose to 8.42 billion.

Ambassador Linda Thomas-Greenfield, former U.S. Ambassador to the United Nations and a veteran diplomat, has joined the board of Rendeavour

US Ambassador Linda Thomas-Greenfield on Diplomacy and Leadership

Ambassador Linda Thomas-Greenfield, former U.S. Ambassador to the United Nations and a veteran diplomat, has joined the board of Rendeavour4 days ago

NSSF is the largest shareholder ahead of the National Treasury. Kalahari currently owns 26.3 million EAPC shares while Bamburi Cement Plc, another Munif‑aligned firm, holds 12.5 %.

Tanzanian Tycoon Seeks Majority Control of East African Portland Cement With New Bid for NSSF’s 27 % Stake

NSSF is the largest shareholder ahead of the National Treasury. Kalahari currently owns 26.3 million EAPC shares while Bamburi Cement Plc, another Munif‑aligned firm, holds 12.5 %.5 days ago

The Capital Markets Authority has opened a new governance review into Uchumi Supermarkets after a complaint by investor and lawyer Francis Njoroge Wanjiku, citing audit delays, weak governance and stalled Company Voluntary Arrangement progress.

The move comes as Uchumi’s share price surges 365 percent this year to its highest level since 2019, a rally driven by speculative trading despite unresolved financial and legal pressures.

CMA Opens New Uchumi Governance Review as Stock Price Soars 365% on Speculation

The Capital Markets Authority has opened a new governance review into Uchumi Supermarkets after a complaint by investor and lawyer Francis Njoroge Wanjiku, citing audit delays, weak governance and stalled Company Voluntary Arrangement progress. The move comes as Uchumi’s share price surges 365 percent this year to its highest level since 2019, a rally driven by speculative trading despite unresolved financial and legal pressures.6 days ago