AA Kenya Shareholders Vote for NSE Listing, 16-for-1 Split and 6.13Mn Bonus Shares
AA Kenya will list on the Nairobi Securities Exchange after shareholders approved a listing by introduction and a full set of capital actions, including a 16-for-1 share split, a 6.13Mn bonus issue and authority to allot 49.09Mn in new shares. The move follows stronger 2024 results, with turnover at 913.92Mn, operating surplus at 71.57Mn and surplus for the year at 54.99Mn. Shareholders also approved the dividend, the audited accounts and the reappointment of the auditor.
Serena Hotels Operator Issues Profit Warning After Foreign Exchange Windfall Fades
TPS Eastern Africa, the operator of Serena Hotels, has issued a profit warning for 2025, saying earnings will fall by more than 25% as last year’s large non-cash FX gains disappear and weaker regional demand pressures margins. The group posted a KSh 16M half-year loss after revenue dropped 11% and FX gains reversed, signalling a tougher full-year outlook across its markets.HF Group Q3 Profit Doubles to KSh 988.7Mn, Extending Four-Year Earnings Rebound
HF Group delivered its strongest third-quarter results in almost a decade after net profit doubled to 988.7Mn on higher interest income and stronger fees. Operating income rose to 4.496Bn as deposits and the investment book expanded. Core capital increased fivefold to 9.243Bn while gross NPLs eased, extending the group’s recovery.Access Bank Kenya Q3 Loss Widens as Core Capital Deficit Grows
Access Bank Kenya reported a deeper third-quarter loss as its capital position weakened further. The lender posted a 783.3M loss, widening from 486.1M last year, after operating income slipped and costs rose to 1.349B. Net interest income grew 47% to 359M but was outweighed by a sharp drop in non-interest revenue. Equity fell 98% to 26.4M as accumulated losses climbed to 3.84B, pushing core capital to a 765M deficit against the 3B CBK requirement due by December 2025. The update comes as the bank awaits integration with National Bank of Kenya following its parent’s acquisition earlier in the year.Portland Hits 10-Year High, Uchumi Breaks KSh 1.00 and Becomes NSE’s Top YTD Performer
Portland resumes trading and jumps to KSh 72.50, a new 10-year high. Uchumi crosses KSh 1.00 for the first time since 2018, extending its 494% YTD run. TPS Serena falls after issuing a profit warning. Turnover stands at KSh 184.6M led by Stanchart and KCB. Foreign buys hit KSh 41M and sells KSh 24M. NASI is down 0.66%.NSE Pauses Portland Cement Trading While Uchumi Marks Ninth Straight Gain to 447% YTD
The NSE halts trading in Portland after unverified share-transfer reports tied to the KSh 1.6B NSSF stake deal. Uchumi rises to KSh 0.93, up 447% YTD after nine straight sessions of gains. Turnover reaches KSh 1.57B led by Safaricom and EABL. Foreign buys hit KSh 650.6M, sells KSh 1.147B. NASI slips 1%.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%
