Latest News
Updated:11 Feb
  • 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
More News
EARNINGS2mins ago

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

British American Tobacco (BAT) Kenya headquarters in Nairobi.

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 WARNING3mins ago

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

EARNINGS11h ago
TURKANA OIL20h 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.

EARNINGS21h 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

EARNINGS21h 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.

PENSION25 Feb

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

Companies

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TURKANA OIL20h 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.

TURKANA OIL20h 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.

TURKANA OIL20h 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

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

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 WARNING3mins 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 WARNING3mins 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 WARNING3mins ago

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

EARNINGS11h 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

EARNINGS21h 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.

EARNINGS21h ago
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