HF Group Completes Turnaround With Record Profit and Tier II Status
HF Group PLC posted a record profit after tax of KShs 1.42 billion for the full year ended 31 December 2025, the highest in the institution's history, as net interest income expanded 63.8% to KShs 4.36 billion. The result was driven by a 66% build-up in government securities to KShs 28.27 billion and a 22% reduction in the weighted deposit rate. Total assets reached KShs 82.40 billion. The banking subsidiary HFC was reclassified as a Tier II bank by the CBK in August 2025.
Flood Disasters in Kenya Renew Debate on Climate Risk and Preparedness
With heavy seasonal rains expected to continue across parts of East Africa, experts warn that without stronger climate adaptation and disaster-preparedness measures, similar emergencies are likely to occur more often.
Mike Sonko to Head Trump's White House Interior Design Secretariat
The former Nairobi Governor’s love of gold and opulence is the perfect match for President Donald Trump’s castle in Washington DC.
Britam Appoints Celestine Munda as Interim Chair, Moves to Triple Employee Share Pool
Britam Holdings Plc has appointed Celestine Munda, a former Senior Partner and Country Managing Partner at Ernst and Young Kenya, as interim Chairperson of the Board with immediate effect following the passing of Chairman Kuria Muchiru on 19 March 2026. Munda, who has chaired Britam's Board Audit, Risk and Compliance Committee since joining the board in September 2022, will serve until a substantive appointment is made. At the same sitting, the board resolved to seek shareholder approval to expand its Employee Share Ownership Plan from 2% to 5% of issued share capital, lifting the maximum ESOP pool from 50.5 million to 126.2 million shares, with all acquisitions to be made via open market purchases on the NSE.Standard Investment Bank Profit Soars 966% to KSh 1 Bn as Mansa X, Ziidi Drive Record Year
Standard Investment Bank recorded a near-tenfold increase in profit to KES 1.040 billion for the full year ended 31 December 2025, up from KES 97.50 million, driven by a 202.5% rise in financial services revenue to KES 1.553 billion. The Mansa X Special Fund KES closed the year with total assets of KES 107.708 billion, delivering a 20.74% net return to clients. The Ziidi Money Market Fund, co-managed with ALA Capital for Safaricom, reported net assets of KES 15.48 billion for the 14-month period ended December 2025. SIB also broke ground on a KES 3 billion, 32-floor headquarters in Westlands, Nairobi.Britam Grows After-Tax Profit 10% to KSh 5.54 Bn as Claims Costs Erode Underwriting Gains
Britam Holdings Plc posted a decade-high profit before tax of KSh 7.90 billion in FY2025, up 7.8% from KSh 7.33 billion in 2024. Profit after tax rose 10.0% to KSh 5.54 billion, with EPS advancing to KSh 2.18. Insurance revenue grew 10.9% to KSh 41.65 billion, but the insurance service result fell 31.8% to KSh 3.46 billion on Medical and Motor claims pressure. Net investment income of KSh 31.87 billion cushioned the underwriting shortfall. Total assets reached KSh 243.8 billion. No dividend declared. A KSh 5.875 billion share premium reduction, pending shareholder approval, could restore the dividend pathway for the first time since 2019.CIC Insurance Posts 82% Profit Drop as Underwriting Fails
CIC Insurance Group posted a net profit of Ksh 513.8 Mn for the full year ended December 2025, down 82% from Ksh 2.86 Bn a year earlier, as the group's insurance service result swung to a loss of Ksh 176.0 Mn and a Ksh 1.0 Bn property revaluation gain that inflated 2024 earnings was absent. Insurance service expenses grew 16.4% to Ksh 28.21 Bn against premium revenue growth of 11.8% to Ksh 29.46 Bn. Net investment result fell 58.2% to Ksh 1.60 Bn. Asset management revenue was the standout, growing 40.7% to Ksh 1.78 Bn. The board maintained the dividend at Ksh 0.13 per share.How Kenya Can Navigate Economic Shocks from the Middle East War
Kenya’s current “wait and hope” approach is not economically or politically feasible. Calm and calculated decisions have to be taken to avoid a deeper crisis.
High Freight Costs Spur Kenya-Lusaka Logistics Hub Plan
The proposed Lusaka warehouse is designed to address these structural gaps by enabling cargo consolidation and shared storage infrastructure.4G Capital Raises US$2Mn to Expand Lending to Small Businesses
4G Capital has secured a US$2 million investment from GIF Growth as the East African fintech moves to scale lending to micro- and small-business ownersKenya Bets on Copper Boom with Tharaka Nithi Tender
The Ministry of Mining, Blue Economy and Maritime Affairs has opened a tender for the commercial development of copper deposits in Kamacabi, Tharaka Nithi County.Kenya Tourism Board, Visa, KQ Bet On Discounts To Boost Travel
The Kenya Tourism Board and Visa have launched a joint travel campaign with Kenya Airways offering discounts on domestic and international flights to stimulate travel.
