CIC H1 Profits Down 10% as Investments, Asset Management Cushion Insurance Cost
CIC Insurance Group posted a mixed set of half-year results, with investment and asset management income helping offset rising insurance costs. For real time market updates and analysis, join our [...]
CBK Seeks KSh 60Bn in September Reopenings After IFB Record Haul
The Central Bank of Kenya (CBK), as the Government of Kenya's fiscal agent, has announced new reopenings of long-dated treasury bonds in September 2025, seeking KSh 60 billion as the [...]Kalahari Cement Cleared to Acquire Holcim's 29% Stake in EA Portland
The Capital Markets Authority (CMA) has approved the proposed sale of Holcim Limited's 29.2% stake in East African Portland Cement (EAPC) Plc to Kalahari Cement Limited, a newly incorporated Kenyan [...]Kenya Airways Swings Back to Losses
Kenya Airways swung to a KSh 12.15 billion half-year net loss for the period ended June 30, 2025, from a KSh 513 million profit a year earlier. Total revenue declined [...]Profits Plunge by 98% at Old Mutual on Insurance Pressures
Listed financial services group Old Mutual Holdings PLC has posted a sharp earnings decline for the half year ended June 30, 2025, weighed down by weaker profitability despite a turnaround [...]
HF Group's Profit Up 134% in H1 2025, Bank Unit Upgraded to Tier II
Listed financial solutions provider HF Group PLC has posted KSh 624.3 million in profit after tax for the first half of 2025, more than double the KSh 266.3 million it [...]Kenyan Banks’ Regional Subsidiaries Have Cut Branches but Grown Profits
Kenyan banks trimmed their regional branch networks in 2024 but still delivered stronger earnings from subsidiaries, with the Democratic Republic of Congo (DRC) consolidating its role as the region's growth [...]BOC Kenya Half-Year Profit Jumps 170% as Demand for Medical Gases Lifts Sales
BOC Kenya Plc profit after tax rose 170% to KSh 166.7 million in the first half of 2025, compared to KSh 61.8 million in the same period last year, driven [...]WPP Scangroup Half-Year Loss Eases to KSh 208Mn as Forex Losses Drop 97%
WPP Scangroup Plc reported a half-year net loss of KSh 208.3 million for the six months ended June 30, 2025, an improvement from KSh 252.3 million a year earlier. Forex [...]Longhorn Publishers CEO Maxwell Wahome Steps Down
Listed publishing firm Longhorn Publishers Plc has announced that its Chief Executive Officer, Maxwell Wahome, will step down at the end of September 2025 after nine years at the company, [...]NSE Investor Wealth Jumps by 1 Trillion Under Mwiti’s Watch
The Nairobi Securities Exchange (NSE) closed the week on a strong note, extending a rally that has reshaped market sentiment and lifted investor wealth by KSh1 trillion since Frank Mwiti [...]SP Upgrades Kenya to ‘B’ as FX Reserves Hit Record
SP Global Ratings has upgraded Kenya’s long-term sovereign credit rating to ‘B’ from ‘B-’, citing reduced near-term external liquidity risks, stronger foreign exchange reserves, and resilient economic growth. The outlook [...]
