Kakuzi Warns of Investor Risks after Regulator Orders 3,200-Acre Land Surrender
Kakuzi has warned investors of material risk after the National Land Commission ordered the surrender of 3,200 acres to settle historical land injustice claims. The ruling also directs fresh titling, relocation of schools and public utilities and the regularisation of settlement schemes inside its farms. Kakuzi says the measures threaten operations and earnings. The company plans to pursue legal options as government agencies move to enforce the directives.
DTB Posts KSh 8.36Bn Q3 Profit as Interest Income Jumps 17.9%
Diamond Trust Bank’s Q3 2025 profit rose 12.3% to KSh 8.36Bn, driven by strong lending growth and a 17.9% rise in net interest income.Stanbic's Q3 Profit Dips 7.5% to 9.38Bn on Lower Non-Funded Revenue
Stanbic Bank Kenya reported a softer Q3. Profit after tax fell 7.47 percent to 9.384Bn as non-funded income dropped 24.54 percent to 7.820Bn. Operating income declined 3.48 percent to 28.327Bn. Interest income improved with net interest income up 8.02 percent to 20.507Bn. The loan book grew 15.72 percent to 253.144Bn and deposits rose 4.88 percent to 343.854Bn. Asset quality improved with NPLs down 8.25 percent.AfDB Rallies Stock Exchanges to Reinvent Africa's Financial Future
The African Development Bank Group (AfDB) has urged capital market players to help bridge the financing gap for the continent's development needs
NCBA Lifts Q3 Profit to KSh 16.4Bn Despite Higher Loan Loss Charges
NCBA posted a stronger Q3 with profit after tax at KSh 16.4Bn, up 8.5 percent. Operating income rose to KSh 53.4Bn while loan loss charges increased 24.5 percent to KSh 5.1Bn. Customer deposits and assets fell as lending stayed soft. Digital lending crossed KSh 1Tn, showing the Group’s strongest growth driver.KCB Nine-Month Profit Rises 6.9%, Deposits Dip
KCB Group has posted a profit after tax of KSh 47.3Bn for the nine months to September 2025 on stronger interest income, tighter cost controlErnest & Young Fined KSh 10 Mn Over Uchumi’s 2014 Rights Issue Failures
Ernst & Young has been fined KSh 10 million by the Capital Markets Authority over failures in Uchumi Supermarkets’ 2014 rights issue. CMA said EY did not ensure accurate disclosure of material facts in financial statements used in the transaction. The regulator also ordered three years of supervised remedial training for EY audit staff and warned that non-compliance could lead to a ban on auditing listed firms. Two former EY partners were also flagged for disciplinary action.Chase Bank’s Ex-Managers Hit With Fines Over False Bond Disclosures
The CMA has fined and disqualified former Chase Bank executives after finding they misled investors in the bank’s 2015 KSh 10Bn bond issue. Investigators concluded the Information Memorandum contained false financials, concealed related-party lending and an irregular bonus approved by the chair. Ex-Chair Zafrullah Khan, ex-CFO Makarios Agumbi and ex-corporate assets manager James Mwaura received multi-year bans and must undergo governance training.Safaricom Lines Up KSh 40 Billion Corporate Debt Issuance
Safaricom has secured approval for a KSh 40Bn Medium Term Note programme, the largest corporate debt plan in Kenya. The move comes after EABL’s recent MTN attracted strong demand. The programme gives Safaricom room to raise funds across several tranches, including green or social notes. The first tranche will proceed once final terms are set and the CMA grants clearance.Markets at Midday; Uchumi Up 264% YTD and DTB Hits Fresh 2020 Highs
Uchumi climbs to KSh 0.62, up 264% YTD and at its highest since 2019. DTB hits an intraday high of KSh 118, last seen in 2020. Midday turnover stands at KSh 875M led by KCB, Equity and Co-op. Foreign buys hit KSh 38M, with KCB taking 37M, while sells reach KSh 41M. NASI is up 0.25% at midday, with Flame Tree and Africa Mega among top gainers.Safaricom CFO Dilip Pal: Behind the Record Half-Year Numbers
Safaricom Group has delivered its strongest half-year performance in history, reporting KSh 42.78 billion in net income and surpassing KSh 200 billion in group revenue for HY26. In an interview with The Kenyan Wall Street, Safaricom CFO Dilip Pal broke down the principles, decisions, and execution behind these standout results across Kenya and Ethiopia.
Treasury on the Spot for KSh 55Bn Kenya Airways Exposure, KSh 6.2Bn Telkom Deal
Treasury faced the Public Accounts Committee after an audit flagged unsupported KSh 55B Kenya Airways loans issued without signed agreements and an unapproved KSh 6.2B Telkom Kenya buyout done through Article 223.
