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EARNINGS1h ago

Unga Group half-year profits jump 536% to Sh523m

Unga Group has reported a 536% jump in half year profits to Sh523m driven by a rise in operating profits.

Gulf Energy secures $15m drilling rig in bid to pump first crude by December

Gulf Energy E&P BV, has leased a $15 million drilling rig from a Chinese contractor in the UAE and is shipping it to Turkana County in a bid to extract first oil from South Lokichar Basin by December 2026.

TURKANA OIL2mins ago

Carbacid half year profits rise 7% to Sh465m

Carbacid has reported a 7 per cent growth in net profit to Sh465 million for the half year period ended January 31, 2026 driven by revaluation gains on equity investment

EARNINGS35mins ago
PENSION20h ago

SanlamAllianz unveils income drawdown fund for Kenyan pensioners

SanlamAllianz Kenya has launched a new Income Drawdown (IDD) Fund providing retirees a flexible alternative to the traditional annuities for retirees seeking longevity and control

Jonathan Stitchbury, Jacqueline Karasha, Jackson Nguthu and Jack Marwa
PROFIT WARNING24 Feb

CIC Group shares slump 17.9% after profit warning

CIC Group shares fell 17.9 per cent after the company issued a profit warning citing non-recurrence of one-off fair value gain of Sh1B and elevated claims.

INSURANCE21 Feb

Political uncertainty could drive up insurance costs, SanlamAllianz says

SanlamAllianz General Insurance Kenya CEO, George Kuria, expects insurance costs to rise due to repricing by reinsurers as political activities in the country pick up.

EQUITY DEALS17 Feb

Leapfrog's Fund agrees to sell its 24% stake in ICEA Lion

LeapFrog Strategic Africa Investments (LSAI) has agreed to sell its 24 per cent stake in ICEA Lion Insurance Holdings as part of a strategic review to redeploy capital into higher-return opportunities.

Companies

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TURKANA OIL2mins ago

Gulf Energy secures $15m drilling rig in bid to pump first crude by December

Gulf Energy E&P BV, has leased a $15 million drilling rig from a Chinese contractor in the UAE and is shipping it to Turkana County in a bid to extract first oil from South Lokichar Basin by December 2026.

Gulf Energy secures $15m drilling rig in bid to pump first crude by December

Gulf Energy E&P BV, has leased a $15 million drilling rig from a Chinese contractor in the UAE and is shipping it to Turkana County in a bid to extract first oil from South Lokichar Basin by December 2026.

TURKANA OIL2mins ago

Leapfrog's Fund agrees to sell its 24% stake in ICEA Lion

LeapFrog Strategic Africa Investments (LSAI) has agreed to sell its 24 per cent stake in ICEA Lion Insurance Holdings as part of a strategic review to redeploy capital into higher-return opportunities.

EQUITY DEALS17 Feb

Gulf Energy seeks parliamentary nod for $6bn Turkana Oil Project

Gulf Energy has committed to invest $6 billion in the South Lokichar oil project and is pushing for parliamentary approval to begin crude production by December 2026.

TURKANA OIL13 Feb

Kengen half year profit drops 20% to Sh4.2B

Kengen has reported a 20 per cent drop in net profit to Sh4.2 billion for the half year period to December 31, 2025 due to lower finance income and higher income tax expense.

EARNINGS11 Feb

Economy

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BUSINESS LIVE4 Sept

Kenya business expectations recover; KCB shares down 5%

Stanbic Bank Kenya PMI showed a near recovery to business conditions; KCB shares down 5% after closing books for interim and special dividends

Kenya business expectations recover; KCB shares down 5%

Stanbic Bank Kenya PMI showed a near recovery to business conditions; KCB shares down 5% after closing books for interim and special dividends

BUSINESS LIVE4 Sept

Profits surge at Crown Paints; Home Afrika turnaround continues - as it happened

Crown paints half year profits surge; Limuru Tea widen half year losses.

BUSINESS LIVE2 Sept

Inflation rises slightly to 4.5% on higher food, transport costs

Annual rise in August driven by higher food and transport prices.

ECONOMY31 Aug

Private sector activity fell in July, PMI shows

Private sector activity fell at the sharpest pace in a year in July with Stanbic Bank Kenya Purchasing Managers' Index falling to 46.8 in July from 48.6 a month earlier.

ECONOMY18 Aug

Finance & Markets

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EARNINGS35mins ago

Carbacid half year profits rise 7% to Sh465m

Carbacid has reported a 7 per cent growth in net profit to Sh465 million for the half year period ended January 31, 2026 driven by revaluation gains on equity investment

Carbacid half year profits rise 7% to Sh465m

Carbacid has reported a 7 per cent growth in net profit to Sh465 million for the half year period ended January 31, 2026 driven by revaluation gains on equity investment

EARNINGS35mins ago

SanlamAllianz unveils income drawdown fund for Kenyan pensioners

SanlamAllianz Kenya has launched a new Income Drawdown (IDD) Fund providing retirees a flexible alternative to the traditional annuities for retirees seeking longevity and control

PENSION20h ago

CIC Group shares slump 17.9% after profit warning

CIC Group shares fell 17.9 per cent after the company issued a profit warning citing non-recurrence of one-off fair value gain of Sh1B and elevated claims.

PROFIT WARNING24 Feb

Kenya Power pre-tax profit rises 5.5% to Sh14.8bn

Kenya Power has reported a 5.5 per cent rise in pre-tax earnings to Sh14.8 billion for the half-year period ended December 31, 2025 and declared an interim dividend of Sh0.30 per share.

EARNINGS3 Feb