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 devices
G4S 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.Courtroom Setbacks Expose Fragile Fight Against Corruption in Counties
The war on corruption has seen its latest unraveling in court after the High Court overturned the conviction of former Samburu governor Moses LenolkulalFirms Bank on Discounts to Lift Sales as Private Sector Growth Accelerates in October
Kenyan companies offered more discounts in October to attract customers as demand improved and inflation pressures easedKenya’s Concert Culture Rebounds, Sales Set to Grow by 2.1% Annually -PWC Outlook
Kenya’s live music economy is staging a strong comeback, in tandem with the broader rebound of Africa’s entertainment scene and the return of audiences to in-person events.KenGen Declares Highest Dividend After 54% Profit Surge
Listed utility company KenGen has reported a 54% rise in profit after tax to KSh 10.48 Bn for the year ended June 2025, its third-highest annual earnings since listing.Africa’s Next Trade Wave and Kenya’s Banking Opportunity
Globalisation is far from over, it’s simply evolving. The latest DHL Global Connectedness Tracker (2025) reveals that global trade flows have surged to record highs, defying predictions
