Centum Cuts Debt, Holds Dividend Despite 69% Profit Slump
Centum Investment Company Plc reported a sharp decline in earnings for the year ended March 2025, with net profit tumbling 69% to KSh 812.8 million, from KSh 2.6 billion the [...]
Kapchorua Tea Shares Hit All-Time High Despite 55% Profit Drop
Kapchorua Tea Kenya Plc surged to an all-time intraday high of KSh 332 on July 11, 2025, before closing at KSh 321.50, marking a 6.46% gain for the day. Management [...]Linzi FinCo Lists KSh 44.79B Infrastructure-Backed Bond to Fund Talanta Sports City
Linzi FinCo 003 Trust, a subsidiary of the Pan-African Liaison Group, has listed a KSh 44.79 billion Infrastructure Asset-Backed Security (IABS) on the Nairobi Securities Exchange (NSE). GCR Ratings assigned [...]Safaricom’s Traditional Revenue Streams Dwindle as M-PESA, Data Take Podium
Over the past decade, telco giant Safaricom has undergone a shift in its revenue model, transitioning from a voice-centric telco to a data and mobile money-driven tech company. Messaging services, [...]NSE to List First Global Equity ETF as Satrix Expands into Kenya
In a major milestone for Kenya’s capital markets, Satrix, South Africa’s largest provider of index-tracking funds, will list its MSCI World Feeder ETF on the Nairobi Securities Exchange (NSE) on [...]Olympia Capital Seeks Shareholder Nod for Tenfold Share Capital Increase
Olympia Capital Holdings Plc has unveiled a bold proposal to increase its authorized share capital tenfold—from KSh 250 million to KSh 2.5 billion—as it positions for long-term growth. “That the [...]Shri Krishana Overseas to Be First Firm to List on the NSE Since 2020
Shri Krishana Overseas Ltd (SKL), a leading packaging solutions provider based in Nairobi, is set to make history as the first packaging company to list on the Nairobi Securities Exchange [...]NSE Wealth Gains Cross KSh 600B in 2025: Sameer and Kapchorua Take the Spotlight
The Nairobi Securities Exchange (NSE) has added over KSh 600 billion in investor wealth in 2025, with the NASI rising +30.5%—continuing an 20-month rally that began in late 2023. Key [...]Olympia Capital Posts KSh 17.6M Profit in FY2025, Boosted by Asset Revaluation
Olympia Capital Holdings Ltd has reported a net profit of KSh 17.6 million for the financial year ended 28 February 2025, down 50% from KSh 35.2 million the year before. [...]Safaricom Ethiopia Hits 10 Million Users Amid Rapid Expansion
Safaricom Plc shares rose 4.8% on Tuesday, closing at KSh 26.20, their highest since October 2022, after the telco company reported that its Ethiopian subsidiary has crossed the 10 million [...]Safaricom's Market Share Slides Below 65% as Airtel Closes the Gap
While Safaricom remains the market leader in Kenya's telecommunications sector, and by a wide margin, fresh data from the Communications Authority of Kenya (CA) shows that its grip is gradually [...]NSE Investor Wealth Rebounds by KSh 1 Trillion, Fueled by KSh 477Bn Gain in H1 2025
East and Central Africa's leading exchange, the Nairobi Securities Exchange (NSE), has delivered a commanding performance in the first half of 2025—adding KSh 477 billion in investor wealth and closing [...]
