- CIC Group sells land in Kajiado and Tatu City for Sh1.8bn
- Electric mobility startup Spiro secures $7m debt facility for fleet expansion.
- CMA issues six licences to financial intermediaries
- KenGen shares fall 5% as net profit drops 20% to Sh4.2bn
- Sasini share price is up 10% in early trading after Sh117m profit
- Carbacid share price up 5.4% after FY25 results
BAT Kenya pre-tax profits rise 18% to Sh7.7bn despite falling revenues
British American Tobacco Kenya posted 18 per cent rise in pre-tax profit to Sh7.7 billion for the year even as revenues fell 9.8 per cent
Limuru Tea issues profit warning on rising labour costs and weak tea prices
Limuru Tea has issued a profit warning, projecting that profits will fall by at least 25 per cent compared to the previous period. The decline is driven by rising labour costs and weak tea prices.
CFAO Mobility Kenya commits Sh48.5m to the 2026 WRC Safari Rally
CFAO Mobility Kenya has committed Sh48.5 million to support the 2026 WRC Safari Rally.
Limuru Tea issues profit warning on rising labour costs and weak tea prices
Limuru Tea has issued a profit warning, projecting that profits will fall by at least 25 per cent compared to the previous period. The decline is driven by rising labour costs and weak tea prices.
Inflation falls to 4.3% in February
Annual fall in February driven by lower energy and transport prices.
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
BAT Kenya pre-tax profits rise 18% to Sh7.7bn despite falling revenues
British American Tobacco Kenya posted 18 per cent rise in pre-tax profit to Sh7.7 billion for the year even as revenues fell 9.8 per cent
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.