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Umeme share price dip after reporting half year loss

  • Umeme shareholders' funds drops to Sh2.53B after reporting a loss in the half year ended 30 June 2025.
  • Old Mutual Holdings half year profits fall 98%
    Old Mutual Holdings has posted a 98 per cent drop in its half year earnings, with profits dropping from Sh327 million to Sh5 million for the half year ended June 2025.
  • Norfund invests in Kensta Group
    Norfund has made a minority equity investment in Kensta Group, supplier of raw materials to the printing & packaging industry, for an undisclosed amount.
    Norfund's investment will fund the company's expansion into manufacturing sanitary pads in Uganda.
  • Makini: Parents prefer international curriculum to CBE
    In its briefing to investors, AdvTech Group, the owner of Makini Schools and Crawford International Schools, said that their highly priced Makini Cambridge International curriculum continues to experience strong demand, with parents choosing it over the Kenyan syllabus
  • WPP Scangroup to lay off staff
    Scangroup has initiated a redundancy exercise looking to reduce its workforce.
    “We have issued notices of redundancies and are currently in the consulting period to determine who we need for the business, not just now but also in the future,” WPP Scangroup interim Chief Executive Officer Miriam Kaggwa told the Business Daily.
  • Energy CS sets up team to fast-track commercialization of oil
    The Cabinet Secretary of Energy and Petroleum, Opiyo Wandayi has appointed a 35-member committee to fast track the commercial development of oil discoveries in in Block T6 and Block T7, leading to Full Field Development and the creation of a crude oil export route.
  • BOC Kenya share price up 10% in early trading
    BOC Kenya share price is up 10% in early trading today, currently trading at Sh100. The share has hit a high of Sh150, with only 3 shares exchanging hands at that price.
    The company reported a 170 per cent rise in half year profits, retaining its interim dividends at Sh2.50 per share.
  • NSE share price rally continues with 9% rise today
    Nairobi Securities Exchange share price continued its 3-month rally today rising 9% to close the day at Sh15.75. The share has more than doubled in price since June this year.