No Takeover Plan by Sanlam Kenya’s South African Majority Owners
Listed financial services group Sanlam Kenya Plc is navigating a significant corporate restructuring after it recently completed a KES 2.5 billion rights issue which has reshaped its shareholding structure. This [...]
Kiuna Ngugi Tightens Grip on BOC Kenya After Blocking KSh 1.2B Carbacid Takeover
Kiuna Ngugi, a former chairman of BOC Kenya Plc, has quietly but steadily tightened his grip on the company just months after he successfully blocked a proposed takeover by Carbacid [...]MTN Uganda Seeks Shareholder Approval to Spin Off Mobile Money Unit
MTN Uganda is accelerating the separation of its mobile money business, MTN Mobile Money Uganda Limited (MTN MoMo), as part of its compliance with the National Payment Systems Act 2020 [...]NSE Bull Run Accelerates as Safaricom Sparks Another Rally
Safaricom's share price jumped by 6.1% on Tuesday, June 10, closing at KSh 22.60, marking the stock’s best daily performance since December 10, 2024, when it gained 6.34%. The positive [...]FXMeridian Opens New Offices, Marking Its Expansion into the African Market
FXMeridian, a leading player in the global financial trading and fintech space, is broadening its international footprint with the opening of a new office in Nairobi, Kenya and Cape Town, [...]
Stockbroker EFG Hermes Kenya Shuts Down Retail Brokerage Unit
Nairobi-based financial services firm EFG Hermes Kenya has shut down its brokerage retail business due to challenges in the economic landscape that have impacted business and volumes. This decision has [...]
Standard Group 2024 Net Loss Eases to KSh 1.1Bn, Revenue Decline Continues
Standard Group PLC has released FY2024 financial results later than expected—on 5th June 2025 instead of the originally scheduled 9th May—highlighting the media company’s struggle to finalize its external audit [...]A Guide to Exchange Traded Funds (ETFs) in Kenya 2025
Exchange Traded Funds (ETFs) are becoming one of the smartest ways to invest in Kenya. If you’ve used money market funds or bought stocks before, ETFs offer the perfect middle [...]
NSE's Direct Investor Access Plan Sparks Broker Backlash
The Nairobi Securities Exchange (NSE) is currently navigating a defining moment, poised between a future of democratized capital markets and the entrenched resistance of traditional stockbrokers. Can Mwiti's Vision Overcome [...]TransCentury Breaks 10-Year Loss Streak with KSh 580 Million Profit in 2024
TransCentury Plc, the best-performing NSE stock in 2025 with +212.82% year-to-date gain at the time of publishing, has reported a net profit of KSh 580 million for the year ended [...]DTB Kenya's Q1 Net Income Grows 10%, Non-Interest Income Drops
Diamond Trust Bank Kenya’s (DTB) unaudited Q1 2025 results indicate the lender's profits grew 10% supported mainly by solid balance sheet expansion and a drop in non-performing loans, but tempered [...]Sanlam's KSh 2.5bn Rights Issue Undersubscribed at 82%, Underwriter Fills Gap
Sanlam Kenya Plc has wrapped up its KSh 2.5 billion rights issue with an 82% uptake from shareholders, increasing its market float and opening a new chapter in its recapitalisation [...]
