Sameer Africa's Stock Mirrors 2024 Profit Gains with 4X Market Surge
Dangote Secures US$4bn to Refinance Conglomerate, Plans to List Refinery
Acorn REITs Post Strong HY 2025 Profits on Higher Rents and Valuations
Both of Acorn's student housing REITs' reported higher net profits, rental income growth, fair value gains, and improved portfolio metrics in the first half of 2025. ASA D-REIT Net profit [...]Occupancy Gains Drive ILAM Fahari I-REIT Profit Jump, Long-Term Growth Still Subdued
Listed real estate firm ILAM Fahari I-REIT has posted a double-digit profit growth in the half-year ending 30th June 2025, driven by improved mall occupancy and disciplined cost control. Metric [...]Kalahari Cement Strikes KSh 717M Deal to Acquire 28.2% Stake in Portland Cement
Kalahari Cement Limited has signed binding agreements to acquire a 28.2% stake in Kenya's second largest cement manufacturer, East African Portland Cement Plc (EAPC), from two shareholders: Associated International Cement [...]Marula Bets Big on Kenya’s Untapped Minerals to Power Global EV Boom
Kenya is rapidly positioning itself as a vital player in the global electric vehicle (EV) revolution, leveraging its rich, yet largely untapped, mineral resources. In an interview with The Kenyan [...]
Cabinet Approves KPC Privatization, Paving Way for September NSE Listing
The Cabinet has given formal approval for the partial privatization of Kenya Pipeline Company (KPC), marking a major step towards the long-awaited initial public offering (IPO) of the state-owned energy [...]KETRACO Audit Uncovers Suspected Corruption, Double Payments as Insolvency Threat Looms
The Kenya Electricity Transmission Company (KETRACO), a state agency in-charge of high-voltage electricity infrastructure, is facing deepening financial distress amid audit findings that point to suspected corruption and unauthorized payments. [...]
Diageo Eyes KSh 258Bn EABL Sale Amid Broader Africa Exit Strategy
British multinational alcoholic beverage company Diageo Plc has launched a review of its majority stake in listed brewer East African Breweries Ltd. (EABL), according to a report by Bloomberg. The [...]Eaagads FY2025 Profit Jumps 147% on Stronger Prices, Higher Sales
Listed agricultural company Eaagads Limited has reported a 45.5% rise in revenue to KSh 277.3 million for the financial year ended 31 March 2025, marking its strongest topline performance in [...]CBK Launches Retail Bond System Tender Days After NSE Hits Record Turnover
The Central Bank of Kenya (CBK) has launched a high-stakes tender for its own retail bond system, a move that comes just as the Nairobi Securities Exchange (NSE) breaks new [...]Umeme Share Price Halves in 8 Days as Selloff Exposes Investor Risks
Umeme Limited share price has dropped more than 50% since the July 14, 2025 book closure for its record interim dividend. Concession Expiry and Dividend Shock This selloff coincides with [...]
