Companies

AFFORDABLE HOUSING8mins ago

Nairobi County Gov’t to build 60,000 housing units in Eastlands

Nairobi County City Government (NCCG) is set to put up about 60,000 rent or buy affordable housing units in Eastlands in the second phase of Nairobi Housing Urban Renewal programme.

KCB Group to acquire minority stake in Pesapal

KCB Group has entered into an agreement to acquire a minority shareholding in payment service provider PesaPal

EQUITY DEALS37mins ago

Carbacid’s profits rise 19% to Sh1bn despite surge in royalty costs

Carbacid Investments reported a 19 per cent growth in profit to Sh1 billion despite facing higher royalty payments payable to the Ministry of Mining and Blue Economy.

EARNINGS31 Oct

Equity Group profits jump 32% to Sh54.1bn in nine months

Equity Group Holdings has reported a 32 per cent jump in profit after tax to Sh54.1 billion for the nine-month period ended September 30, 2025, from Sh40.9 billion reported during the same period last year.

EARNINGS31 Oct

Kengen profits rise 54% to 10.48bn on lower costs

Kengen has reported a 54 per cent growth in net profit to Sh10.48 billion for the year ended 30th June 2025 largely driven by lower operating costs.

EARNINGS31 Oct
EARNINGS28 Oct

Longhorn Publishers widens its losses by 10% to Sh261m

Longhorn Publishers has widened its losses by 10 per cent to Sh261 million for the year ended June 2025 compared to the Sh237.9 million loss it reported last year.

EARNINGS13 Oct

Chicken Inn, Pizza Inn sales in Kenya up 12%

Simbisa Brands, which owns Pizza Inn, Creamy Inn, Chicken Inn, Galito's & Baker's Inn fast food outlets, has reported a 12% growth in revenue from Kenya for the year ended 30th June 2025.

FUNDING13 Oct

M-Gas maker in talks to raise Sh2.6bn to fund growth

Circle Gas is in advanced talks with a sovereign clean cooking initiative and has also opened discussions with a global bank to raise Sh2.6 billion to fund growth

ASSET FINANCE29 Sept

Watu plans to grow its revenue to Sh44bn in 2025

Watu, a microlender financing smartphones and motorbikes in Sub-Saharan Africa, is targeting a 47 per cent growth in revenue in 2025.