Companies

EARNINGS5h ago

Absa Bank Kenya half-year profit fell 10% to Sh10.5B

Absa Bank Kenya’s net profit fell by 9.8 percent to Sh10.5 billion in the six months ended June 2026 due to lower interest income and foreign exchange trading income.

Safaricom appoint two Vodacom executives to board

Safaricom has appointed two senior Vodacom executives, Mariam Cassim and Matimba Mbungela, as non-executive directors to its board following Vodacom’s acquisition of a majority stake.

PEOPLE MOVES17 Aug

Nation Media Group half-year loss widens to Sh357m

Nation Media Group’s net loss widened to Sh357 million in the first half of 2026, compared to Sh41.7 million a year earlier, on lower print revenues.

EARNINGS17 Aug

Liberty Kenya half-year profits fall 46% to Sh231m

Liberty Kenya Holdings Plc has reported a 46 per cent drop in half year earnings to Sh231 million due to lower investment income.

EARNINGS17 Aug

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
ARTIFICIAL INTELLIGENCE13 Aug

Kakuzi steps up AI adoption across its operations

Kakuzi is accelerating the use of artificial intelligence and other digital technologies across its operations as it seeks to improve efficiency and adapt to increasingly unpredictable weather patterns.

MANUFACTURING13 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.

EARNINGS13 Aug

Sanlam Allianz Holdings’ half year profit dips 7.4% to Sh124.6m

Listed non-bank financial services provider Sanlam Allianz Holdings (Kenya) Plc has reported a 7.4 per cent drop in net profit to Sh124.6 million for the six month period ended June 2026.

EARNINGS13 Aug

Co-op Bank half-year profit jumps 28% to Sh18bn

Co-op Bank posted a record Sh18bn half-year profit, up 28 per cent from Sh14.1 billion a year earlier, on higher operating income and strong lending growth.