Hidden Debt Hits Senegal as Nigeria, Côte d’Ivoire Gain Rating Stability- S&P Review
DTB's Share Price Hits Four-Year High, Uchumi Surges Again as Co-op Leads Friday's Midday Turnover
Co-op Bank traded at a new high of KSh 25.20 on Friday, leading volume and turnover. Uchumi hit KSh 0.48 and DTB reached KSh 118.00, its highest since 2020. Foreign buys were KSh 14.166 million against KSh 14.998 million sells. Kapchorua posted a 422 percent profit rise, while Williamson Tea cut its loss. NASI was slightly higher at midday.Kapchorua Earnings Jump 422%, Williamson Narrows Loss in H1 2025
Kapchorua Tea reported stronger H1 earnings with profit up 422 percent to KSh 95.2M as turnover fell 24 percent to KSh 829.9M. Williamson Tea cut its loss to KSh 10.1M from KSh 122.4M, with revenue down 14.8 percent to KSh 1.69B. Both tea giants faced weaker prices, high costs and lower demand. Kapchorua improved margins and cash, while Williamson narrowed losses but stayed negative.Parliament Removes Ownership Caps for Capital Market Intermediaries
Parliament has approved sweeping reforms to the Capital Markets Act, repealing long standing ownership caps for investment banks, brokers, fund managers and derivatives firms.Co-op Bank Hits KSh 25.00 on Q3 Results; Uchumi at Five-Year High
Co-op Bank hit KSh 25.00 on Thursday after reporting a 12 percent YoY profit rise and declaring its first interim dividend. Uchumi traded at KSh 0.44, its highest since 2019. Safaricom led turnover with KSh 280 million of the KSh 638 million at midday. Foreign activity showed 64 million in buys and 226 million in sells. NASI slipped 0.15 percent.
EABL's Medium Term Note Raises KSh 16.76 Bn, Attracting 152% Oversubscription
EABL raised KSh 16.76 billion in its first medium term note tranche after recording 152 percent demand.Co-op Bank Announces Maiden Interim Dividend as Q3 Profit Hits KSh 21.6Bn
Co-operative Bank has reported 21.56 Bn profit after tax in Q3, up 12.3%, as operating income reached 67.38 Bn and assets rose to 815.27 Bn.Lawmakers Probe Kenya Power Over Past Losses, Power Losses & 26Bn Unpaid Bills
Kenya Power chiefs appeared before Parliament’s Commercial Affairs and Energy Committee to address historical audit findings showing losses and governance issues.CMA Grants Takeover Exemption to Tanzanian Tycoon in Portland Cement Deal
CMA approved an exemption allowing Tanzanian tycoon Ebrahim Munif’s Kalahari Cement to acquire Holcim’s 29.2% stake in East African Portland Cement without a takeover offer.Car & General Extends Rally, BAT and ABSA Set New Highs in Midweek Trade
ABSA hit KSh 26.25 and I&M Holdings reached KSh 46.00 in Wednesday trading, giving it a KSh 80B valuation on 1.74B shares outstanding. Car & General rose to KSh 63.00 and BAT held at KSh 452.00. KCB led activity with KSh 122M turnover. CMA cleared Kalahari Cement’s 26.3M-share EAPCC acquisition without triggering a takeover offer.KenGen Under Scrutiny for Delayed KSh 5.3bn Substation Handover to KETRACO and Hiring Breaches
KenGen executives appeared before Parliament’s Public Investments Committee on November 11, 2025, to address concerns over non-advertised hiring of engineers and delays in transferring a KSh5.3bn Olkaria substation asset to KETRACO. Lawmakers questioned transparency in recruitment and oversight of public infrastructure.BAT and EABL Hit New Highs in Tuesday Trading as Turnover Crosses KSh 1 Billion
Trading was active on Tuesday with turnover crossing KSh 1B by midday, driven by institutional flows. BAT traded at KSh 452, its highest in two years, while EABL reached KSh 250, the strongest level since 2018 and up about 40% this year. Safaricom led activity with KSh 760M in turnover. NASI was down 0.44% at midday
