Finance & Markets
Absa Group agrees to sell 63.32% stake in First Assurance, Absa Life Assurance
Absa Group has agreed to sell its majority stakes in Absa Life Assurance Kenya and First Assurance Kenya Limited as the lender retreats from direct insurance ownership across Africa.
EQUITY DEALS14 Aug
Car & General half-year profit quadruples to Sh2.6bn
Car & General’s half-year profit surged to Sh2.6 billion as regional sales growth and stronger earnings from Watu boosted performance.
MANUFACTURING13 Aug
EARNINGS12 Aug
KCB Group half-year pre-tax profit up 21% to Sh49.3bn
KCB Group has reported 20.8 per cent growth in pre-tax profits to Sh49.3 billion driven by strong income growth and disciplined cost management.

ASSET MANAGEMENT12 Aug
CMA approves new funds, licences to deepen capital markets
Capital Markets Authority (CMA) has approved new investment funds and licences for market intermediaries, expanding investor choice and strengthening Kenya’s capital markets.



