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 middayKenya Pays KSh 93 Bn in Road Arrears Ahead of Planned Bond
The Kenyan government has cleared KShs 93 billion in verified road-sector pending bills using part of a KShs 104 billion syndicated bank loan.
Faida Keeps Co-op and KCB on Buy, Holds Majority of NSE Large Caps at Neutral
Faida Investment Bank has issued its November market outlook, maintaining a restrained stance on the Nairobi Securities Exchange after a strong rebound this year. The firm notes that valuations across many large-cap counters have moved closer to fair value, and it has therefore kept most stocks at Hold. Only two counters are rated Buy: Co-operative Bank and KCB Group.Naivas FY2025 Profit Up 43% to KSh 2.45Bn, Equity Reversal Shows Ownership Shift
Naivas, Kenya's largest supermarket chain, has reported a 43.4% leap in net profit to KSh 2.45 billion, on the back of a 21.6% revenue increaseCIC Insurance and Williamson Tea Added to MSCI Frontier Markets Small Cap Index
Global index provider MSCI Inc. added CIC Insurance Group and Williamson Tea Kenya to its Frontier Markets Small Cap Index.Safaricom's Half-Year Profit up 52%, Mobile Data Revenues Overtake Voice
Safaricom recorded its strongest half-year performance to date as continued expansion in M-PESA and mobile data usage in Kenya offset the ongoing decline in traditional voice and messaging revenue.Airtel Africa's H1 Profit Jumps 375% as Data, Fintech Drive Growth
Airtel Africa has reported a three-fold increase in net profits in its first-half results, driven by growth in data and mobile money usage across its marketsCMA Clears REIT Manager, Wealth Manager, Coffee Broker and Securities Dealer in Market Expansion Move
CMA has approved four new licenses that expand participation and product depth in Kenya’s capital marketsI&M Holdings Hits New All-Time High as a Decades-Long Transition Comes Full Circle
At KSh 45, the group’s market capitalization stands at approximately KSh 78.3 billion.Billionaire Munga’s Wife Halts Sale of Britam Shares
The High Court in Nairobi has stopped the planned sale of 75 million Britam Insurance Company shares at the center of a dispute between businessman Peter Munga and the Africa Banking Corporation (ABC Bank).Kenya’s Public Debt Crosses KSh 12 Trillion for the First Time
Kenya’s public debt reached KSh 12.06T in September 2025 (67.3% of GDP), crossing the KSh 12T mark. The shift in financing was driven by domestic borrowing, which rose KSh 1.06T YoY as external debt increased only slightly. FX risk declined, and credit ratings improved, though external debt service remains elevated.
