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Africa’s Global Trade Integration is Improving Despite Geopolitical Tensions- DHL Report
Several Sub-Saharan African economies are strengthening their links to global trade and investment networks, even as globalization remains at record levels despite rising geopolitical tensions, according to the DHL Global Connectedness Report 2026.
Universities, State Agencies Lead In KSh 468bn Supplier Debt
Kenya’s unpaid government bills are still heavily concentrated in state corporations, with public universities, road authorities, health agencies and energy utilities accounting for much of the supplier debts older than six months.
KEMSA Posts KSh 2bn Surplus after State Bailout
KEMSA posted a KSh 2.0 billion surplus in the financial year ended 30 June 2025, reversing a KSh 779 million deficit, but the Auditor-General qualified the accounts citing inaccurate receivables, a 41% medicines order fill rate against a 90% target, and KSh 6.28 billion in outstanding debts. The surplus was underwritten by KSh 4.4 billion in government transfers. Forty-one prior year audit matters remained unresolved.Liberty Kenya Maintains Dividend at 50 Cents as Earnings Fall
Liberty Kenya Holdings reported a sharp decline in profitability for FY2025, with net earnings falling 65% to KShs 487 million as higher insurance claims and weaker investment income compressed margins. Despite the drop in earnings, insurance revenue grew 8.5% to KShs 11.9 billion, reflecting continued business expansion, while the Group maintained a stable capital position and sustained its dividend at KShs 0.50 per share.
Canal+ Grapples to Steady MultiChoice as Subscriber Numbers Fall
The figures were released alongside the strategic update of Canal+, the French media group that is in the process of integrating the African broadcaster following its takeover.
Kenya’s Economy Looks Great, on Paper.
the real question is whether this stabilisation is a genuine recovery runway capable of sustaining 5.5%+ growth, or a fragile equilibrium on a narrowing fiscal base, broken monetary transmission, and a labour market decoupled from GDP.
Kenya Literature Bureau's Profit Crashes 91% after Delayed Government Book Orders
Kenya Literature Bureau (KLB) posted a net profit after tax of Kshs 12.2 million for the year ended June 30, 2025, a 90.7% drop from Kshs 131 million the prior year. Gross turnover fell 46.4% to Kshs 1.83 billion as a Kshs 1.03 billion KICD mathematics textbook distribution contract stalled, leaving schools in Murang'a, Kirinyaga, Machakos, and Kajiado without books. The proposed dividend was cut 90.7% to Kshs 1.2 million. Profit before tax hit a five-year low of Kshs 30 million.
Africa’s AI Moment Hinges on Smart Regulation, Salesforce Executive Says
In this interview with The Kenyan Wall Street, Saunders speaks about Salesforce, regulation, what policymakers and innovators need to do to get this moment right.
UAE’s ASSNTURE Expands Digital Securities Operations to Kenya
SBM Bank Kenya Ends Two-Year Loss Streak With KSh 444Mn Profit
SBM Bank Kenya swung to a 444.22Mn after-tax profit for the full year ended 31 December 2025, reversing a 1.21Bn loss in 2024. The turnaround was driven by a 19.6% fall in interest expense to 6.86Bn, which pushed net interest income up 80.7% to 3.88Bn. Customer deposits rose 20.1% to 82.41Bn as the bank reduced reliance on costly interbank funding. Gross non-performing loans fell 34.1% to 11.29Bn. Total assets grew 5.5% to 105.72Bn.
EABL Appoints Diageo Insider Justin Mollel as CFO With Asahi Takeover Months Away
East African Breweries has appointed Justin Mollel, Finance Director at Diageo Ireland, as Group CFO Designate from May 2026, taking full charge in July. He succeeds Risper Ohaga, the first African woman to hold the role, who exits to become Group CEO of APA Apollo Group. The appointment is the latest in a series of Diageo network placements at EABL as its parent completes a $2.3 billion sale of its 65% stake to Japan's Asahi Group, expected to close in H2 2026.