CMA Approves Eight New Investment Schemes
CMA has approved eight new Collective Investment Schemes and sub-funds from Swala Capital, Lofty Corban, Sanlam, XENO, Globetec, Tradiam and Capital A. The move expands regulated investment options as CIS assets surpass KSh 600Bn. The approvals raise Kenya’s total licensed schemes to 57, supporting product diversification and stronger investor protection.
EABL Lists KSh 16.7 Bn Bond on the Nairobi Securities Exchange
East African Breweries Plc (EABL) has officially listed the first tranche of its Medium-Term Note (MTN) Programme on the Nairobi Securities Exchange (NSE), raising KES 16.76 billion.
StanChart Q3 Profit Dips 38% After Booking KSh 2.7Bn Pension Charge
StanChart reported a sharp slowdown in Q3 after profit fell 38% to 9.79Bn, hit by weaker income and a one-off 2.7Bn pension charge linked to the Supreme Court and RBAT rulings. Operating income dropped 17% to 32.43Bn as net interest income fell 10% and non interest income slid 29% on lower volumes and thinner margins. Costs rose 19% to 19.23Bn, driven by the pension expense, while loan impairment fell 11% to 1.74Bn. Net loans eased 3% to 146.4Bn and deposits slipped 4% to 283.4Bn. The lender said it has substantively met the RBAT requirements, with 1.9Bn already paid to affected former employees.MARKETS: Uchumi's Rally Continues, Market Stays Weak and Turnover Slows
Uchumi trades at a new high of KSh 0.86, pushing YTD gains past 405% after the CMA confirmed a deeper review of its governance. Turnover hits KSh 147.5M led by DTB and KCB. Foreign buys stand at KSh 7M and sells at KSh 14M. NASI is down 1.83%. Safaricom opens subscriptions for its KSh 40B MTN, while EABL lists its first tranche.CMA Opens New Uchumi Governance Review as Stock Price Soars 365% on Speculation
The Capital Markets Authority has opened a new governance review into Uchumi Supermarkets after a complaint by investor and lawyer Francis Njoroge Wanjiku, citing audit delays, weak governance and stalled Company Voluntary Arrangement progress. The move comes as Uchumi’s share price surges 365 percent this year to its highest level since 2019, a rally driven by speculative trading despite unresolved financial and legal pressures.Family Bank Posts KSh 3.597 Bn Q3 Profit Ahead of Planned NSE Listing
Family Bank has reported a profit after tax of KSh 3.597 billion for the nine-month period ended 30 September 2025, an increase of 55.7%Safaricom Opens KSh 15Bn Green Note Offer in KSh 40Bn MTN at 10.40%
Safaricom has opened the first tranche of its KSh 40Bn MTN programme, offering KSh 15Bn in five-year green notes at a fixed 10.40 percent, with a KSh 5Bn greenshoe. The notes are senior and unsecured and will fund eligible green projects. The offer runs from 25 November to 5 December, with allotment on 8 December and listing on 16 December on the NSE.I&M Bank Group's Q3 2025 Profit Up 29% on Revenue Growth
I&M Bank Group's primary achievement in Q3 2025 was a significant surge in profitability. Profit After Tax (PAT) grew by 28.68% year-over-year, reaching KSh 11.80 billion.
Market Opens Week Lower, Uchumi Hits New 2019 High, Safaricom Leads Flows
Uchumi rises 6.76% to KSh 0.79, its highest level since 2019, pushing YTD gains past 360%. Turnover hits KSh 396M, with Safaricom contributing KSh 351M. Foreign buys reach KSh 65M and sells KSh 164M, mostly in Safaricom. Top gainers include Umeme and Longhorn, while Olympia and ScanGroup lead the losers. NASI is down 0.92% at midday.G20 Summit South Africa: African Nations to Form ‘Borrowers’ Club’
African finance ministers are moving to establish a collective “Borrowers’ Club” aimed at strengthening the negotiating power of the continent’s debtorsEthiopia Licenses Awash Bank's Investment Banking Arm Amid Market Expansion
The Ethiopian Capital Market Authority has granted a Capital Market Service Provider license to Awash Capital Investment Bank S.C., authorizing it to operate as an investment bank.Sidian Bank's Q3 Profit Soars 470% to KSh 1.47 Billion on Revenue Boom
Sidian Bank’s nine-month profit after tax rose to 1.47 billion after operating income increased 92.8 percent to 5.63 billion. Non-interest income expanded and the bank raised its investment in government securities to 40.06 billion while the loan book remained flat at 25.10 billion. Deposits grew to 77.96 billion and assets reached 95.06 billion. Costs and provisions increased and gross NPLs rose to 8.42 billion.
