Companies

EQUITY DEALS3mins ago

Government to sell 15% stake in Safaricom for Sh204.3bn

The government has entered into an agreement with Vodafone Kenya to sell its 15 per cent stake in Safaricom and future Safaricom dividends amounting to Sh55.7 billion for Sh244.5 billion.

Stanchart Kenya Q3 profit drops 38% to Sh9.8bn

Stanchart Kenya has reported a 38.2 per cent drop in net profit to Sh9.8 billion for the nine-month period ended September 30, 2025 on falling operating income and one-off pension payout to former employees.

EARNINGS2h ago

Sidian Bank Q3 profit jump 470% to Sh1.47bn

Sidian Bank Group has reported a 470 per cent jump in net profit to Sh1.47 billion for the nine-month period ended September 30, 2025 driven by strong growth in non-interest income.

EARNINGS2h ago

Family Bank Q3 profit rises 56% to Sh3.6bn

Family Bank has reported a 56 per cent growth in net profit to Sh3.6 billion for the nine-month period ended September 30, 2025.

EARNINGS2h ago

Consolidated Bank rebounds to profitability with Sh94.7m Q3 profit

Consolidated Bank Group has reported a pre-tax of Sh94.7 million for the nine-month ended September 30, 2025, a turnaround from the loss of Sh122.4 million in the same period last year

EARNINGS24 Nov
FUNDING24 Nov

Paramount Bank raises Sh332m, clears CBK Sh3bn capital hurdle

Paramount Bank has surpassed the CBK’s Sh3 billion minimum core-capital requirement ahead of the December 31, 2025 deadline after raising Sh332 million in a rights issue.

EARNINGS24 Nov

NCBA Group Q3 net profit up 8.5% to Sh16.4bn

NCBA Group has reported 8.5 per cent jump in net profit to Sh16.4 billion for the nine-month period ended September 30, 2025 on on strong net interest income growth.

AUDIT20 Nov

Ernst & Young fined Sh10m over Uchumi rights issue role

The Capital Markets Authority (CMA) has fined Ernst & Young (EY) Sh10 million for its role as the reporting accountant during the 2014 Uchumi Supermarkets rights issue, citing serious misrepresentations in the financial statements.

EARNINGS19 Nov

Prime Bank Q3 2025 profit rises 29.5% to Sh4.4bn

Prime Bank has reported 29.5 per cent growth in after-tax profit to Sh4.4 billion for the nine-month period ended September 30, 2025.