Finance & Markets

EARNINGS25 Feb

Carbacid half year profits rise 7% to Sh465m

Carbacid has reported a 7 per cent growth in net profit to Sh465 million for the half year period ended January 31, 2026 driven by revaluation gains on equity investment

Unga Group half-year profits jump 536% to Sh523m

Unga Group has reported a 536% jump in half year profits to Sh523m driven by a rise in operating profits.

EARNINGS25 Feb

SanlamAllianz unveils income drawdown fund for Kenyan pensioners

SanlamAllianz Kenya has launched a new Income Drawdown (IDD) Fund providing retirees a flexible alternative to the traditional annuities for retirees seeking longevity and control

PENSION25 Feb

CIC Group shares slump 17.9% after profit warning

CIC Group shares fell 17.9 per cent after the company issued a profit warning citing non-recurrence of one-off fair value gain of Sh1B and elevated claims.

PROFIT WARNING24 Feb

Kenya Power pre-tax profit rises 5.5% to Sh14.8bn

Kenya Power has reported a 5.5 per cent rise in pre-tax earnings to Sh14.8 billion for the half-year period ended December 31, 2025 and declared an interim dividend of Sh0.30 per share.

EARNINGS3 Feb
ACQUISITIONS26 Jan

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).

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.

EARNINGS12 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.

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.