East African Cables Narrows H1 Loss to KSh190M Amid Administration Battles
East African Cables Plc (Under Administration) has reported a net loss of KSh 190 million for the half year ended June 2025, down from KSh 275 million for the same [...]
TotalEnergies Kenya H1 Profit Up 17% to KSh 1.1Bn, Lower Costs Cushion Revenue Dip
Listed French multinational energy and petroleum company, TotalEnergies Marketing Kenya Plc, has reported a profit after tax of KSh 1.1Bn in H1 2025, up 17% from KSh 939Mn for the [...]The Double-Edged Sword of Foreign Investment in Kenya
Kenya’s private sector is increasingly reliant on foreign capital, but the latest 2024 Foreign Investment Survey (FIS) shows that this dependence is a double-edged sword. Outflows on external debt surged [...]
Nairobi is the Fourth Wealthiest City in Africa by Number of Dollar Millionaires
Nairobi is the fourth wealthiest city on the continent by number of dollar millionaires, according to the Africa Wealth Report 2025 by Henley Partners and New World Wealth. “Sub-Saharan Africa’s economy [...]Dangote Group, Ethiopia Sign US$ 2.5Bn Fertiliser Plant Deal
Dangote Group and Ethiopian Investment Holdings have signed a shareholder investment agreement to establish a US$2.5 billion fertiliser plant in Ethiopia. This project will create jobs locally, ensure a reliable [...]
Flame Tree Group Narrows H1 Losses to KSh 76Mn, Grows East Africa Revenues
Flame Tree Group Holdings has reduced its net loss to KSh 76 million from KSh 90.6 million in H1 2024 despite inflationary pressures, high finance costs, and delays in insurance [...]NSE Half-Year Profit Surges 177% on Bond Market Gains
Nairobi Securities Exchange Plc has reported a 177% rise in profitability for the half year ended June 30, 2025, supported by increased bond market activity and tighter cost controls. Data [...]Kensta Group to Manufacture Sanitary Pads In Uganda After Norwegian Backing
Kensta Group, the Kenyan-based printing and packaging business, is expanding into sanitary pads manufacturing with a new production facility in Uganda. “This investment marks a transformative chapter for our company. [...]M Oriental Bank's H1 Profit Rises 19%, Calls EGM to Issue 50M Shares
M Oriental Bank has reported improved half-year results for the period ended 30 June 2025, with profitability improving but asset quality and capital ratios showing pressure. Net interest income increased [...]Express Kenya Cuts H1 Losses to KSh 42.9Mn, Balance Sheet Pressures Persist
Express Kenya PLC reported half-year results to June 2025 showing a narrowed net loss, improved cash position, but continued balance sheet stress. Pre-tax loss worsened 10% to KSh 59.6 million, [...]Poa Internet Secures US$4 Million to Widen Low-Cost Broadband Access
Poa Internet, a Nairobi-based internet service provider, is stepping up efforts to bring affordable broadband to underserved neighborhoods after securing a US$4 million debt investment from Finnfund. “This new investment, [...]The Hidden Dividends of Foreign Investments in Kenya
Kenya’s foreign-owned enterprises are doing more than bringing in capital- they are also reshaping the country’s labor market, promoting gender inclusion, and driving innovation. In contrast, Kenyan regular employees accounted [...]
