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    BOC Kenya Extends 56-Year Unbroken Record with KSh 314Mn Profit in 2025

    BOC Kenya Extends 56-Year Unbroken Record with KSh 314Mn Profit in 2025

    BOC Kenya posted record profit after tax of KSh 314.02Mn for FY2025, up 48.4% year-on-year, as revenue rose 18.5% to KSh 1.427Bn on stronger engineering project activity and rising medical and industrial gas demand. Operating profit jumped 72.5% to KSh 383.68Mn, pushing the operating margin to 26.9%. The board proposed a final dividend of KSh 10.35 per share, bringing the total FY2025 payout to a record KSh 12.85.
    Harry
    Harry Njuguna
    4 days ago
    Manufacturers Decry Higher Compliance Burden While Illicit Operators Flourish

    Manufacturers Decry Higher Compliance Burden While Illicit Operators Flourish

    Kenya’s shadow economy has grown large enough to rival the country’s formal manufacturing sector, exposing a widening imbalance between compliant businesses and illicit operators.
    Brian
    Brian Nzomo
    4 days ago
    Sameer Africa Sells Last Tyre, Posts Best Operating Profit in 12 Years

    Sameer Africa Sells Last Tyre, Posts Best Operating Profit in 12 Years

    Sameer Africa Plc posted operating profit of KSh 292.64 Mn for the year ended 31 December 2025, the highest since 2013, as revenue rose 11.1% to KSh 432.74 Mn entirely from investment property rentals. The company recorded zero tyre revenue for the first time in its 56-year history. Total equity crossed KSh 1.00 Bn for the first time in the post-manufacturing era, rising 37.3%. Net profit advanced 5.5% to KSh 274.28 Mn with EPS of KSh 0.99. A pending land sale valued at KSh 919.70 Mn is projected to close in Q2 2026, with proceeds worth more than three times annual net profit.
    Harry
    Harry Njuguna
    5 days ago
    Parliament Probes KSh 752mn Miwani Sugar Land Auction

    Parliament Probes KSh 752mn Miwani Sugar Land Auction

    The parliamentary inquiry was triggered by a petition tabled by Suba South MP Caroli Omondi, which calls for a full accounting of the land’s ownership history, the identities behind Crossley Holdings, and the actions or inaction  of public officials involved.
    Fred
    Fred Obura
    a month ago
    EABL Appoints Diageo Insider Justin Mollel as CFO With Asahi Takeover Months Away

    EABL Appoints Diageo Insider Justin Mollel as CFO With Asahi Takeover Months Away

    East African Breweries has appointed Justin Mollel, Finance Director at Diageo Ireland, as Group CFO Designate from May 2026, taking full charge in July. He succeeds Risper Ohaga, the first African woman to hold the role, who exits to become Group CEO of APA Apollo Group. The appointment is the latest in a series of Diageo network placements at EABL as its parent completes a $2.3 billion sale of its 65% stake to Japan's Asahi Group, expected to close in H2 2026.
    Harry
    Harry Njuguna
    a month ago
    Synkron Opens Industrial Automation Training Center in Nairobi

    Synkron Opens Industrial Automation Training Center in Nairobi

    Brian
    Brian Nzomo
    a month ago
    BAT Kenya MD and CFO Exit After Record KSh 70/share Dividend

    BAT Kenya MD and CFO Exit After Record KSh 70/share Dividend

    British American Tobacco Kenya has announced a leadership transition days after declaring a record KSh 70 per share dividend for 2025. Managing Director Crispin Achola will exit in June 2026, while Finance Director Philemon Kipkemoi steps down in March. The board has appointed internal executives Sidney Wafula and Catherine Chepkong’a as successors, signalling continuity amid illicit trade pressure and stable earnings.
    Harry
    Harry Njuguna
    2 months ago
    BAT Kenya to Pay KSh 70 Dividend Per Share as Profit Rises to KShs 5.25 Bn

    BAT Kenya to Pay KSh 70 Dividend Per Share as Profit Rises to KShs 5.25 Bn

    BAT Kenya posted a 17% rise in net profit to KShs 5.25 billion for FY2025 despite a 10% drop in revenue amid rising illicit trade. Strong cost control and improved finance income supported margins, while the company raised its total dividend by 40% to KShs 70 per share.
    Chelsy
    Chelsy Maina
    2 months ago
    Unga Group's Interim Profit Spikes by 537% on Lower Finance Costs

    Unga Group's Interim Profit Spikes by 537% on Lower Finance Costs

    Unga Group posted a sharp interim rebound for the six months ended December 2025, with profit after tax rising 537% to KSh 523.2 million as operating margins recovered and finance costs fell 53%. Revenue climbed 12% to a record KSh 14.48 billion, lifting operating profit above KSh 746 million. Management cited cost discipline, stable FX and easing interest rates, while withholding a dividend to rebuild working capital.
    Harry
    Harry Njuguna
    2 months ago
    Carbacid Interim Profit Rises on Valuation Gains as Core Operations Weaken

    Carbacid Interim Profit Rises on Valuation Gains as Core Operations Weaken

    Carbacid Investments reported a 6.9% rise in half-year profit to KSh 464.96 million for the six months to January 2026, supported by a 3.8% increase in turnover to KSh 976.35 million. Operating profit fell 2.2% as gross margin narrowed to 64% and administration costs rose 15%. Earnings growth was driven mainly by KSh 106.20 million in equity revaluation gains, while operating cash flow declined 24% and cash balances fell after dividend payments exceeded cash generation.
    Harry
    Harry Njuguna
    2 months ago
    Del Monte Kenya Commissions KSh 515mn Frozen Facility and Solar Plant

    Del Monte Kenya Commissions KSh 515mn Frozen Facility and Solar Plant

    Del Monte Kenya has commissioned a pineapple frozen processing line and an 807kW solar power plant as it seeks to expand its export capacity and reduce its carbon footprint.
    Staff
    Staff Reporter
    2 months ago
    How Procedural Errors Toppled KRA’s KSh 53mn Tax Claim

    How Procedural Errors Toppled KRA’s KSh 53mn Tax Claim

    Brian
    Brian Nzomo
    2 months ago

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