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 [...]
Prime Bank Posts 22% Profit Growth in H1, Ranks 10th by Market Share
Prime Bank Group, Kenya’s biggest Tier II bank and tenth largest overall by market share, has posted a 22.4% rise in net profits o KSh 2.68 billion, driven by higher [...]Sanlam Kenya Half-Year Profits Drop 90%, Cuts Debt by 72%
Sanlam Kenya Plc posted a sharp drop in earnings for the first half of 2025, even as the insurer completed a major recapitalization and debt repayment drive that has reshaped [...]CBK Mops Up KSh 180Bn in Tap Sale After Record Infrastructure Bond Reopening
The Central Bank of Kenya (CBK) has accepted KSh 179.77 billion in a tap sale of two infrastructure bonds, far exceeding its initial KSh 50 billion target. Both the reopening [...]Family Bank's Half-Year 2025 Profits Up 38.8% on Strong Interest Income
Mid-tier lender Family Bank Limited has posted a 38.8% rise in net profits to KShs 2.28 billion for the first half of 2025, up from KShs 1.65 billion in the [...]
Deadline for Public Debate on Privatization Bill Nears
Kenyans have untilFriday, August 22, 2025, to submit their views on the proposedPrivatization Bill, 2025 (National Assembly Bill No. 36 of 2025), a draft law that seeks to overhaul how [...]Sidian Bank H1 Profit Surges 92% to KSh 1Billion
Sidian Bank posted a strong performance in the six months to June 30, 2025, nearly doubling its profit after tax to KSh 1.01 billion, up from KSh 523 million in [...]StanChart Kenya's H1 Earnings Drop 21% to KSh 8Bn on Weaker Income
Standard Chartered (StanChart) Bank Kenya posted weaker half-year earnings as lower interest and non-interest income weighed on performance despite stable asset quality and deposit growth. The lender's operating costs were [...]Kakuzi Net Profit Falls 15% on Avocado and Tea Pressure
Listed agricultural firm Kakuzi Plc has posted mixed half-year results for the period ended June 30, 2025, with revenue growing sharply but profitability falling on weaker avocado valuations and lower [...]
