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, [...]CIC H1 Profits Down 10% as Investments, Asset Management Cushion Insurance Cost
CIC Insurance Group posted a mixed set of half-year results, with investment and asset management income helping offset rising insurance costs. For real time market updates and analysis, join our [...]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, [...]
CBK Seeks KSh 60Bn in September Reopenings After IFB Record Haul
The Central Bank of Kenya (CBK), as the Government of Kenya's fiscal agent, has announced new reopenings of long-dated treasury bonds in September 2025, seeking KSh 60 billion as the [...]Inside CBK's New Bank Loan Pricing Model, Set to Start in September
The Central Bank of Kenya has unveiled a revised Risk-Based Credit Pricing Model (RBCPM) that will anchor bank loan rates to the Kenya Shilling Overnight Interbank Average (KESONIA) beginning September [...]National Bank Retirees Edge Closer to Payout as Access Bank Seals Buyout
The High Court has handed a partial victory to more than 130 former National Bank of Kenya employees who have spent over a decade in legal battles to secure what they [...]Kenya’s Car Market Cools as Registrations Dip by 11%
Kenya’s motor vehicle market started the year on a strong note, with registrations peaking at 22,632 units in January before easing to 20,132 in May, an 11% decline over five [...]Kalahari Cement Cleared to Acquire Holcim's 29% Stake in EA Portland
The Capital Markets Authority (CMA) has approved the proposed sale of Holcim Limited's 29.2% stake in East African Portland Cement (EAPC) Plc to Kalahari Cement Limited, a newly incorporated Kenyan [...]East Africa Faces Climate Shocks That Could Hit Agriculture, Energy Markets
Parts of East Africa risk a renewed drought as regional climate scientists forecast below-average rainfall during the upcoming October–December season, a period that provides up to 70% of annual precipitation [...]Kenya Airways Swings Back to Losses
Kenya Airways swung to a KSh 12.15 billion half-year net loss for the period ended June 30, 2025, from a KSh 513 million profit a year earlier. Total revenue declined [...]Profits Plunge by 98% at Old Mutual on Insurance Pressures
Listed financial services group Old Mutual Holdings PLC has posted a sharp earnings decline for the half year ended June 30, 2025, weighed down by weaker profitability despite a turnaround [...]
