Liberty Kenya H1 Profit Falls 30% to KSh 428Mn as Claims Surge
Liberty Kenya Holdings Plc has reported a sharp decline in profit for the first half of 2025 as underwriting losses from higher motor and medical claims weighed on the listed [...]
Kenya Courts California Investors, Set to Host UC Davis-Backed Transport Research Hub
Kenya is set to host a new Africa Center of Excellence in Sustainable Transport, headquartered in Nairobi and supported by the University of California, Davis. Kenya is using the partnership [...]
IM Group Profit Rises 36% in H1 2025 on Interest Income Growth
Listed lender IM Group PLC has reported a 36% rise in profit after tax to KSh 8.31 billion in the first half of 2025, supported by growing net interest income, [...]Inside Absa’s KSh 47Bn Green Finance Push
Absa Bank Kenya is accelerating its shift from sustainability compliance to a core business strategy, backed by measurable targets and sector-specific investments. Its 2024 Sustainability and Climate Report reveals that [...]
Kenyans Double Down on Money Market Funds, Unit Trusts
Kenya’s Collective Investment Schemes (CIS) reached a new milestone in Q2 2025, with total Assets Under Management (AUM) rising to KSh 596.3 billion, a 20.2% increase from KSh 496.2 billion [...]NSE Market Cap Tops KSh 2.6 Trillion, Indices Hit Multi-Year Highs
The Nairobi Securities Exchange (NSE) closed the week at its strongest levels in years as market capitalization crossed KSh 2.6 trillion for the first time since February 2022. NSE 20 [...]Co-op Bank H1 Profit Grows 8.4%, Non-Interest Revenue Dip
Listed lender Co-operative Bank of Kenya PLC has posted an 8.39% increase in profit after tax to KShs 14.08 billion for the six months ended 30 June 2025, up from [...]Serena Hotels Swings to KSh 16Mn Loss in H1 2025 on Weak Margins, FX Impact
TPS Eastern Africa Plc, the parent of Serena Hotels, has reported a KSh 16 million loss after tax for the six months ended June 30, 2025, reversing a KSh 696 [...]End of an Era as DT Dobie Goes into Liquidation
CFAO Mobility Kenya has appointed an official liquidator for DT Dobie, kickstarting the process of formally winding up the iconic car dealer brand more than two years after it transferred [...]KRA Exempts Post-July 2025 Gratuity Payments from Income Tax
The Kenya Revenue Authority (KRA) has moved to ease the financial burden on retirees and other beneficiaries, announcing that gratuity payments earned after July 1, 2025, will no longer be [...]Govt Spent Kshs 1.2Bn to Build Jamhuri Sports Ground, then Demolished Most of It
The State Department for Sports is on the spot after the Auditor General’s 2023/24 report exposed massive waste of public funds, including the demolition of newly built sports facilities and [...]Blow to Bettors as Betting Levies Survive Legal Gamble
A Kakamega High Court has dismissed a constitutional petition that challenged several key tax provisions in Kenya's betting industry. I find that the petition has no merit. All declarations sought are declined, Judge Stephen Mbungi stated in the [...]
