The Hidden Costs of Kenya's Fertiliser Subsidy Model
Kenya’s fertiliser subsidy programme is facing renewed scrutiny as new evidence shows that the centralised NFSP-2 model may be increasing hidden costs for farmers
364-Day Yield Extends Three-Week Rise as Redemptions Drive Heavy Oversubscription
The 364-day T-bill yield has climbed for a third week as heavy redemptions drive strong demand and four straight oversubscribed auctions.
Digital Fraud Surges in Kenya, Gaming Sector Leads with 10.4%
Absa Bank's Q3 Profit Up 14.7% to KSh 16.9Bn, Lending Falls Again
Absa Bank Kenya reported a Q3 2025 profit of KSh 16.9Bn, up 14.7%, supported by lower costs and a 39.6% drop in impairments. Net interest income fell 4.6% to 32.95Bn, the first decline since 2017, after loan interest dropped to 32.60Bn from 40.59Bn. The loan book shrank for a second year to 309.7Bn while investment in government securities rose to 119Bn. Operating income held at 46.56Bn as non-interest income grew 11.2%.Kenya Retires KSh 20Bn at Deep Discount in Overbid Buyback of May 2026 Bond
Kenya retired KSh 20.08Bn of the FXD1/2023/003 bond after KSh 34.30Bn in bids, clearing at a 7.8019% yield.DTB's Share Price Hits Four-Year High, Uchumi Surges Again as Co-op Leads Friday's Midday Turnover
Co-op Bank traded at a new high of KSh 25.20 on Friday, leading volume and turnover. Uchumi hit KSh 0.48 and DTB reached KSh 118.00, its highest since 2020. Foreign buys were KSh 14.166 million against KSh 14.998 million sells. Kapchorua posted a 422 percent profit rise, while Williamson Tea cut its loss. NASI was slightly higher at midday.Kapchorua Earnings Jump 422%, Williamson Narrows Loss in H1 2025
Kapchorua Tea reported stronger H1 earnings with profit up 422 percent to KSh 95.2M as turnover fell 24 percent to KSh 829.9M. Williamson Tea cut its loss to KSh 10.1M from KSh 122.4M, with revenue down 14.8 percent to KSh 1.69B. Both tea giants faced weaker prices, high costs and lower demand. Kapchorua improved margins and cash, while Williamson narrowed losses but stayed negative.Co-op Bank Hits KSh 25.00 on Q3 Results; Uchumi at Five-Year High
Co-op Bank hit KSh 25.00 on Thursday after reporting a 12 percent YoY profit rise and declaring its first interim dividend. Uchumi traded at KSh 0.44, its highest since 2019. Safaricom led turnover with KSh 280 million of the KSh 638 million at midday. Foreign activity showed 64 million in buys and 226 million in sells. NASI slipped 0.15 percent.
Co-op Bank Announces Maiden Interim Dividend as Q3 Profit Hits KSh 21.6Bn
Co-operative Bank has reported 21.56 Bn profit after tax in Q3, up 12.3%, as operating income reached 67.38 Bn and assets rose to 815.27 Bn.Kenya Targets Electronic Manufacturers, Importers in Push to Curb Rising E-Waste
Kenya has proposed new rules that would make electronics manufacturers, importers, and retailers financially and operationally responsible for the disposal of devicesG4S Ordered to Compensate 68 Security Guards For Unfair Dismissal
The Employment and Labour Relations Court in Nairobi has ruled that G4S Kenya Limited unlawfully dismissed a number of its security guards in a protracted disputeCar & General Extends Rally, BAT and ABSA Set New Highs in Midweek Trade
ABSA hit KSh 26.25 and I&M Holdings reached KSh 46.00 in Wednesday trading, giving it a KSh 80B valuation on 1.74B shares outstanding. Car & General rose to KSh 63.00 and BAT held at KSh 452.00. KCB led activity with KSh 122M turnover. CMA cleared Kalahari Cement’s 26.3M-share EAPCC acquisition without triggering a takeover offer.
