- 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
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.

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

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.
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.
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
Profits surge at Crown Paints; Home Afrika turnaround continues - as it happened
Crown paints half year profits surge; Limuru Tea widen half year losses.
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.
Longhorn slashes losses by 93% to Sh11m on better margins
Longhorn Publishers has swung closer to profitability, narrowing its half-year net loss to Sh11 million from Sh148.6 million a year earlier




