Companies

FUNDING13 Oct

M-Gas maker in talks to raise Sh2.6bn to fund growth

Circle Gas is in advanced talks with a sovereign clean cooking initiative and has also opened discussions with a global bank to raise Sh2.6 billion to fund growth

Watu plans to grow its revenue to Sh44bn in 2025

Watu, a microlender financing smartphones and motorbikes in Sub-Saharan Africa, is targeting a 47 per cent growth in revenue in 2025.

ASSET FINANCE29 Sept

Kenya’s Zanifu gets funding from Yango Ventures

Zanifu, a Kenya fintech company that provides working capital to MSMEs, has secured new investment of undisclosed amount from Yango Ventures.

EQUITY DEALS29 Sept

PZ Cussons still mulling Kenya exit

PZ Cussons, the maker of Imperial Leather and Morning Fresh, is conducting a strategic review of its African business with the aim of simplifying its business and maximizing long term shareholder value.

CONSUMER GOODS29 Sept

Stanchart Kenya shares drop by 4.9% after profit warning

Stanchart Kenya shares dropped 4.9 per cent after the company warned that costs from a pension tribunal ruling will lower profits by at least 25% compared to last year.

PROFIT WARNING16 Sept
EARNINGS16 Sept

Umeme shares fall 5.9% after posting Sh6.1bn half year loss

Umeme share price dropped by Sh0.56, or 5.9 per cent, on Monday after the company reported Sh6.1 billion loss for the half year period ended 30th June 2025

EARNINGS15 Sept

Rubis Energy revenues from Kenya drop by 7% in H1 2025

Rubis Energy saw its revenues generated in Kenya fall by 7 per cent to €455 million (Sh69 billion) in the first half of this year compared to €488 million (Sh67.5 billion) generated last year.

BUSINESS LIVE5 Sept

Jubilee Holdings to sell 34% stake in general insurance business; Kenya Re suspend MD.

Jubilee Holdings to sell 34% stake in general insurance business; Kenya Re suspend MD.

BUSINESS LIVE2 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.