Kenya’s Grid Sees Boost From 13% Jump in Wind Power
Kenya's wind farms delivered a 46% jump in output that helped steady the country’s power grid in June, even as overall electricity generation slipped by 3.8%. Kenya’s largest wind farm [...]
Crown Paints H1 Profit Jumps 483% to KSh 437M on Higher Sales
Listed paint manufacturer, Crown Paints PLC, has posted a 483% spike in net profit to KSh 437 million from KSh 75 million for the same period in 2024, lifting earnings [...]
Kenya’s Coffee, Flower, and Vegetable Exports Plunge in June
Kenya's crucial agricultural export sector is facing a significant slump, with new data revealing a sharp decline in earnings from coffee, flowers, and vegetables in June. The horticulture sector, another [...]How Over 1,600 M-PESA Deposits Exposed Busia Drug Trafficker
A string of 1,678 suspicious M-Pesa deposits worth Kshs. 18.3 million over four years have landed a 38 year old suspected drug trafficker in the crosshairs of Kenya’s anti-money laundering law, the Proceeds [...]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 [...]Standard Group Narrows HY Loss ahead of KSh 1.5Bn Rights Issue
The oldest Kenyan media company, Standard Group PLC, has released its unaudited results for the six months ended June 30, 2025, showing continued losses but modest improvements in cost control [...]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 [...]BK Group H1 Profits Flat at KSh 4.7Bn, up 8.6% in Rwandan Franc terms
BK Group Plc has reported its H1 2025 results showing growth in Rwandan francs, though translation into Kenyan shillings reduced the reported pace of expansion. In KSh terms, however, operating [...]Britam Half-Year Profit Slips 14% to 1.74 Bn on Rising Finance Costs
Listed financial services firm Britam Holdings Plc has posted a profit after tax of KSh 1.74Bn for the six months ended June 30, 2025, a 14% decline from KSh 2.01Bn [...]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 [...]91-Day T-Bill Yield Slips Below 8% for First Time Since 2022
Kenya’s Treasury bills auction dated 1 September 2025 show yields at three-year lows and extraordinary investor demand, even as outstanding T-bill debt stock climbed past the one trillion shilling mark [...]NCBA Half-Year Profit Up 12.6% to KSh 11.1Bn on Strong Interest Income
NCBA Group PLC has reported a 12.6% increase in half-year 2025 profit after tax to KSh 11.1 billion, up from KSh 9.8 billion a year earlier, with the performance driven [...]
