Car General Share Price Soars after 920% Profit Surge, First Dividend
Car General (Kenya) Plc shares rose to KSh 55, their highest level since April 2022, after the motor-dealer declared its first-ever interim dividend and posted a 920% surge in [...]
Private-Sector Credit Grew to Record KSh 3.96 Trillion in September
Kenya’s private-sector credit stock rose to an all-time high of KSh 3.96 trillion in September 2025, marking a full recovery from the slowdown seen through 2024. The CBK attributed the [...]CBK Cuts Benchmark Rate to 9.25%
The Central Bank of Kenya (CBK) has lowered the Central Bank Rate (CBR) by 25 basis points to 9.25%, its lowest level since January 2023, marking an unprecedented eighth consecutive [...]Lebanese Contractor Seeks to Liquidate Oilfields Ltd in Kenya Pipeline Dispute
Zakhem International Construction Limited, a Lebanese-owned contractor behind Kenya Pipeline Company’s Mombasa–Nairobi multiproduct pipeline, has petitioned the High Court to liquidate its subcontractor Oilfields Engineering and Supplies Limited. The dispute [...]Kenya Power's Profit Dips 18%, Equity Crosses KSh 100Bn
Kenya Power’s net profit has dropped 18.7% to KSh 24.47 billion, while profit before tax fell KSh 35.38 billion from 43.67 billion, mainly due to the absence of one-off forex [...]Safaricom Ethiopia is Winning Users, Bleeding Cash, Says World Bank
The latest World Bank Ethiopia Telecom Market Assessment Report shows that Safaricom’s entry into Ethiopia has reshaped the country’s telecom market. For real time market updates and analysis, join our [...]Kenya Launches US$ 1Bn Buyback of 2028 Eurobond to Ease Debt Pressures
Kenya has opened a tender offer to repurchase its entire US$ 1.0Billion (KSh 129.3Billion) Eurobond due 2028, offering holders US$ 1,037.50 (KSh 134,090) per US$ 1,000 in principal plus accrued [...]Crown Paints Names Mustafa Turra Group CEO, Rakesh Rao Exits After 20 Years
Listed paint and coatings manufacturer Crown Paints Kenya Plc has appointed Mustafa Turra as its new Group Chief Executive Officer (CEO), succeeding Dr. Rakesh Rao who has held the role [...]MPs Approve Kenya Pipeline's KSh 100bn Privatization
The National Assembly has approved the long‑anticipated privatization of Kenya Pipeline Company (KPC), setting in motion what could be the largest initial public offering in Nairobi in more than two [...]Chicken Inn, Pizza Inn Owner's Revenue Jumps 12%, Deliveries Grow as Customer Visits Dip
Simbisa Kenya, operator of Chicken Inn, Pizza Inn, Creamy Inn, Baker’s Inn, and Galito’s, has reported 12% revenue growth in the year to June 2025. For real time market updates [...]MPs Demand Repayment Plan From KQ As State Bailouts Persist
Kenya Airways is facing fresh pressure from lawmakers to spell out how it intends to repay billions of shillings in government bailouts, as the loss-making national carrier leans heavily on [...]
NSE Launches Banking Sector Index
The Nairobi Securities Exchange (NSE) has introduced a Banking Sector Index, effective October 1, 2025. “The index underscores NSE’s commitment to innovation and the continuous development of products that meet [...]
