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Sasini up 10 per cent after Sh117m profit
- Sasini share price is up 10 per cent in early trading today after reporting a net profit of Sh177m.
- BREAKINGNEWSKenya Airways report half year loss of Sh12.15 billion.Kenya Airways has reported a half year loss of Sh12.15 billion, down from the Sh513 million profit it reported last year.Passenger numbers and cargo volumes declined 14 per cent and 8 per cent repectively as compared to the same period last year.
- CBK seeks Sh60bn from reopened bondsCentral Bank of Kenya has reopened three treasury bonds seeking to raise Sh60bn for budgetary support.
Bond Tenor Coupon FXD1/2018/020 12.5yrs 13.2% FXD1/2022/025 22.2yrs 14.1880% SDB1/2011/030 15.5yrs 12% Source: Central Bank of KenyaCompiled by: Pesa Wall - BREAKINGNEWSHF Group's half year profits rise 135%Hf group's half year earnings grew 135 per cent to Sh624 Million driven by strong net interest income.
- 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 GroupNorfund 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 CBEIn 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“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.