I&M Bank Group's Q3 2025 Profit Up 29% on Revenue Growth
I&M Bank Group's primary achievement in Q3 2025 was a significant surge in profitability. Profit After Tax (PAT) grew by 28.68% year-over-year, reaching KSh 11.80 billion.
Uchumi rises 6.76% to KSh 0.79, its highest level since 2019, pushing YTD gains past 360%.
Turnover hits KSh 396M, with Safaricom contributing KSh 351M. Foreign buys reach KSh 65M and sells KSh 164M, mostly in Safaricom.
Top gainers include Umeme and Longhorn, while Olympia and ScanGroup lead the losers. NASI is down 0.92% at midday.
G20 Summit South Africa: African Nations to Form ‘Borrowers’ Club’
African finance ministers are moving to establish a collective “Borrowers’ Club” aimed at strengthening the negotiating power of the continent’s debtors
Kenyan Edtech M-Lugha Taps AI, Local Languages, to Rewire Early Learning
Abhinur Ali Mahdi, founder of M-Lugha, saw the gap firsthand and built an edtech platform designed to put learning in the child’s mother tongue.
Zoho One Introduces a Unified and Intelligent Platform Experience for Modern Workplaces
Zoho One Introduces a Unified and Intelligent Platform Experience for Modern Workplaces
Kenya, Uganda Leaders Push for Integrated Heavy Industry
Museveni said the investment would enhance the region’s competitiveness and reduce the cost of steel for infrastructure projects, while Ruto reaffirmed Kenya’s readiness to collaborate
Ethiopia Licenses Awash Bank's Investment Banking Arm Amid Market Expansion
The Ethiopian Capital Market Authority has granted a Capital Market Service Provider license to Awash Capital Investment Bank S.C., authorizing it to operate as an investment bank.
Morocco, Ghana Move to Regulate Booming Crypto Markets
Morocco and Ghana are racing to formalize their fast-growing crypto sectors, introducing licensing and Anti-Money Laundering (AML)-heavy frameworks
Paramount Bank reported flat Q3 profit after higher credit impairment charges offset strong growth in non-funded income.
Operating income rose but core business weakened, with net interest income down 5%.
The bank strengthened its capital position, lifting core capital to 3.12 billion and surpassing the CBK’s 3 billion requirement ahead of the December 2025 deadline.
The update came as Zenith Bank denied reports linking it to a potential takeover of the Kenyan lender.
In Payment Flows, Seamless User Experience and Technical Sophistication Don't Need to Compete
Successfully managing payment complexity requires a multi-layered approach: intuitive UX design that serves diverse user needs, strategic friction that builds trust rather than frustration, and smart technical architecture that handles complexity behind the scenes.
Safaricom Applies to Renew Core Infrastructure and International Traffic Licenses
Safaricom has applied to the Communications Authority of Kenya to renew its Network Facilities Provider Tier 1 and International Gateway Operator licences.
CA has invited public representations or objections within 30 days of the 20 November 2025 notice, with submissions copied to Safaricom.
Sidian Bank's Q3 Profit Soars 470% to KSh 1.47 Billion on Revenue Boom
Sidian Bank’s nine-month profit after tax rose to 1.47 billion after operating income increased 92.8 percent to 5.63 billion.
Non-interest income expanded and the bank raised its investment in government securities to 40.06 billion while the loan book remained flat at 25.10 billion.
Deposits grew to 77.96 billion and assets reached 95.06 billion. Costs and provisions increased and gross NPLs rose to 8.42 billion.