More News
ACQUISITIONS2h ago

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).

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

Sasini reports a net profit of Sh117m in 2025

Sasini has bounced back to profitability, reporting Sh117 million in net profit for the year ended September 30, 2025 driven record performance from coffee unit.

EARNINGS12 Jan
ECONOMY8 Jan

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.

FUNDING9 Dec

Safaricom’s Sh15bn bond oversubscribed by 175.7%

Safaricom’s five-year bond attracted applications of Sh41.4 billion against the targeted Sh15 billion, an oversubscription of 175.7 per cent.

EQUITY DEALS8 Dec

Government to sell 15% stake in Safaricom for Sh204.3bn

The government has entered into an agreement with Vodafone Kenya to sell its 15 per cent stake in Safaricom and future Safaricom dividends amounting to Sh55.7 billion for Sh244.5 billion.

FUNDING8 Dec

Safaricom targets Sh15bn from corporate bond

Safaricom is set to raise up to Sh20 billion in the first tranche of its Sh40 billion medium-term note programme, offering investors an annual interest rate of 10.4 per cent.

Companies

View All
ECONOMY8 Jan

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.

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

Government to sell 15% stake in Safaricom for Sh204.3bn

The government has entered into an agreement with Vodafone Kenya to sell its 15 per cent stake in Safaricom and future Safaricom dividends amounting to Sh55.7 billion for Sh244.5 billion.

EQUITY DEALS8 Dec

Stanchart Kenya Q3 profit drops 38% to Sh9.8bn

Stanchart Kenya has reported a 38.2 per cent drop in net profit to Sh9.8 billion for the nine-month period ended September 30, 2025 on falling operating income and one-off pension payout to former employees.

EARNINGS8 Dec

Sidian Bank Q3 profit jump 470% to Sh1.47bn

Sidian Bank Group has reported a 470 per cent jump in net profit to Sh1.47 billion for the nine-month period ended September 30, 2025 driven by strong growth in non-interest income.

EARNINGS8 Dec

Economy

View All
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

View All
PEOPLE MOVES14 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.

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

Sasini reports a net profit of Sh117m in 2025

Sasini has bounced back to profitability, reporting Sh117 million in net profit for the year ended September 30, 2025 driven record performance from coffee unit.

EARNINGS12 Jan

Safaricom’s Sh15bn bond oversubscribed by 175.7%

Safaricom’s five-year bond attracted applications of Sh41.4 billion against the targeted Sh15 billion, an oversubscription of 175.7 per cent.

FUNDING9 Dec

Government to sell 15% stake in Safaricom for Sh204.3bn

The government has entered into an agreement with Vodafone Kenya to sell its 15 per cent stake in Safaricom and future Safaricom dividends amounting to Sh55.7 billion for Sh244.5 billion.

EQUITY DEALS8 Dec