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PENSION3mins 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

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 WARNING12h ago

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.

INSURANCE21 Feb
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.

TURKANA OIL13 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.

Gulf Energy Group CEO Paul Limoh (left) with Gulf Energy Chairman Francis Njogu and Country Manager Franklin Juma appearing at a Joint Parliamentary Committees of Energy meeting
EARNINGS11 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.

EARNINGS3 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.

Companies

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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.

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

Co-op Bank, Roam among Kenyan firms ranked as fastest growing in Africa

Co-operative Bank and 10 other Kenyan firms have been ranked among the fastest growing in Africa according to a ranking released by Financial Times and Statista.

ECONOMY8 Jan

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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PROFIT WARNING12h 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.

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 WARNING12h ago

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

Sri Lankan firm to acquire 75% stake in Twiga Stationers

The Competition Authority of Kenya (CAK) has cleared Atlas Axillia, a subsidiary of Sri Lanka’s Hemas Holdings, to acquire a 75% stake in Twiga Stationers (the maker of Kasuku and Crownbird books).

ACQUISITIONS26 Jan

EABL CFO Risper Ohaga to step down in June

East African Breweries Limited(EABL) Chief Finance Officer, Risper Ohaga, will step down from her role at the end of June after six years in the role, the brewer announced today.

PEOPLE MOVES14 Jan