MTN Uganda's Q1 Profits Surge 21% Driven By Data and Fintech Growth
Uganda's largest telecommunications company, MTN Uganda, has reported its Q1 2025 financial results, marked by double-digit revenue growth supported by expanding data and fintech services. The company’s fintech division, which [...]
Sasini Slides to KSh 113mn Loss in H1 2025
Sasini PLC posted a KSh 113.1mn net loss for the half-year ended 31 March 2025, weighed down by higher costs and flat revenues as pressure on the group's core agribusiness [...]Kenya’s Secondary Bond Market Surges 95% in Q1, On Track for Another Record Year
Kenya's secondary bond market had a great start to 2025, with trading volumes that highlight increased investor interest and better market liquidity. . Among the infrastructure bonds that drove the [...]Liberty Kenya Shareholders Set for Dual Dividend Boost After Tanzania Exit
Liberty Kenya Holdings Plc has announced plans to issue a special dividend of KSh 0.60 per share, tied to the proceeds of the sale of its 60% stake in Heritage [...]Home Afrika Breaks Decade-Long Loss Making Streak
After a decade of losses, listed real estate developer Home Afrika Limited has returned to profitability, posting a KSh 133.5 million net profit in 2024, from a KSh 27.8 million [...]Banks Push Back on CBK's Loan Pricing Proposal, Warn of Credit Crunch
The Kenya Bankers Association (KBA) has opposed the Central Bank of Kenya’s (CBK) proposed changes to the credit pricing framework, warning that the reintroduction of interest rate controls would restrict [...]
Ex-CEO Tussles with Standard Group Over Unpaid Dues
A court has ordered Standard Media Group to make the first instalment of the remaining part of KShs 38,342, 857 it owes its former Group CEO Orlando Lyomu by May 5th. By [...]
Bank of Kigali (BK) Group Launches US$ 40M Private Equity Fund
Rwanda's largest financial institution BK Group Plc has established a US$30-40million private equity vehicle targeting strategic investments in high-growth small and medium-sized enterprises (SMEs) across Rwanda and the East African [...]Car General Returns to Profit with KSh 526Mn as Regional Markets Drive Growth
Car General (Kenya) Plc has recorded a profit after tax of KSh 526 million for the financial year ended 31 December 2024, marking a solid rebound from the KSh [...]Crown Paints Bounces Back with KSh 544 Million Profit, Declares KSh 3.00 Dividend
Listed paint manufacturer Crown Paints has announced a strong financial recovery for the year ended 31st December 2024, posting a KSh 544 million net profit, up from a KSh 29 [...]TotalEnergies Kenya Profit Slumps 51% as Margins Shrink, Finance Costs Rise
Listed oil marketing company TotalEnergies Marketing Kenya Plc has reported a 51% decline in net profit to KSh 1.49 billion for the year ended 31 December 2024, down from KSh [...]NCBA IG Insurance Posts 477% Profit Growth in 2024
NCBA IG Insurance, formerly AIG Kenya, has posted a net profit of KSh 186.7 million, up from KSh 32.4 million a year earlier, for the year ended 31 December 2024. [...]
