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KQ contradicts its filings to CMA on Treasury's shareholding

Nairobi, April 8 -- Kenya Airways has contradicted its legal regulatory filings to the Capital Markets Authority (CMA), which showed that the National Treasury's shareholding in the national carrier h... Read More


Equity Group Foundation donor funding dips 44.7pc on Trump aid reductions

Nairobi, April 8 -- Donor funding to the Equity Group Foundation (EGF) has shrunk for the first time in seven years following Donald Trump's decision to cut back foreign aid, which has affected the ba... Read More


Electronics maker adds insect repellent feature to curb repair costs

Nairobi, April 6 -- Home appliance and consumer electronics manufacturer, VisionPlus Kenya, has integrated insect-repelling features across its range of products, including smart television sets, to c... Read More


Mbadi to seek fresh Parliament nod for extra budget funds

Nairobi, March 4 -- The National Treasury has increased ministerial allocations for the current fiscal year (2025-26) by more than the regulatory threshold of 10 percent, with top beneficiaries, inclu... Read More


Absa profit rises to Sh22.9bn as costs fall

Nairobi, March 4 -- Absa Bank has reported a Sh22.9 billion after-tax profit for the year ended December 2025, representing a 10 percent growth buoyed by cost-cutting. The lender's profit rose from S... Read More


Absa lifts dividend 17pc on net profit growth to Sh22.9bn

Nairobi, March 4 -- Absa Bank Kenya has increased its dividend payout by 17.1 percent to Sh2.05 per share amounting to Sh11.1 billion on the back of a 10 percent rise in net profit for the full year t... Read More


Kenyan bank profits rise 20pc to hit Sh311bn on lower costs

Nairobi, March 2 -- Kenya's commercial banks grew their pre-tax profit by 20 percent in the year ended December 2025 to pass the Sh300 billion mark for the first time, signalling higher dividend payou... Read More


Limuru Tea issues profit warning on higher costs

Nairobi, Feb. 27 -- Agricultural listed firm Limuru Tea expects to sink deeper into losses by at least 25 percent for the full year ended December 2025, citing rise in wages and decrease in market pri... Read More


Unga maintains dividend freeze despite half-year profit surge

Nairobi, Feb. 26 -- Unga Group will not be paying a dividend despite growing its half-year profits by more than six-fold, with management holding onto the cash to sustain its recovery trajectory. The... Read More


Mbadi wins in row over Consolidated Bank's CEO ouster

Nairobi, Feb. 22 -- Treasury Cabinet Secretary John Mbadi has secured his choice to lead Consolidated Bank of Kenya after staging a boardroom coup in a row that entangled the regulator. The bank anno... Read More