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Carbacid share price up 5.4 per cent after releasing full year results

  • Carbacid share price up 5.4 per cent in early trading today after reporting Sh1 billion profit last week.
  • Nairobi Securities Exchange shares continue to surge, rising 9 per cent in early trading today.
  • Prime office occupancy rates up 5%
    The office market showed resilience during the first half of 2025, with prime office occupancy rates improving from 72.7 per cent at the start of the year to 77.7 per cent by June, according to a report by Knight Frank Kenya.
    The market’s demand is largely driven by activity from coworking operators and business process outsourcing (BPO) firms.
    Grade B buildings continued to struggle with pressure from new office buildings and challenging economic conditions.
    USAID funding disruption created some vacancies in properties heavily reliant on NGO tenants, though this remains a property-specific rather than market-wide issue.
  • CBK eyes Sh50bn from infrastructure bonds tap sale
    The Central Bank of Kenya has reopened a three-day tap sale of 2 infrastructure bonds it sold earlier this month, looking to raise Sh50 billion.
    Investors offered Sh323 billion in the earlier sale of the bonds with CBK turning down most of the offered funds, accepting only Sh95 billion.
  • Family Bank half year profits rise 39% to Sh2.3bn
    Family Bank half year profits grew 39 per cent to Sh2.3 billion driven by strong growth in operating income which grew 33 per cent to Sh9.6 billion.
    Earlier this year, the mid-tier bank announced plans to list its shares at the Nairobi Securities Exchange by early 2026 after a weak rights issue performance last year.
  • Sidian Bank half year profits surge 355% to Sh1bn.
    Sidian Bank's half year profits rose by 355% to Sh1 billion largely driven by growth in operating income which grew 82% to Sh3.6 billion.
    Loan book saw slight growth, rising 5 per cent to Sh26.9 billion as customer deposits jumped 71 per cent to Sh59.9 billion.
    Centum, through their vehicle Bakki Holdco Limited, hold 14 per cent of the company. This is after selling 64 per cent stake for Sh3.2 billion in 2023 and undergoing a series of dilutions resulting from several rights issues conducted by the bank.
  • HewaTele raises Sh1.36bn from PE firm AfricInvest
    HewaTele, a Kenyan company producing medicinal oxygen, has raised Sh1.36bn in debt from PE firm, AfricInvest.
    The company raised Sh2.5bn in December last year to build a medicinal oxygen production facility at Tatu City.
  • Liberty Kenya Holdings exits Heritage Insurance Tanzania at Sh28M loss
    Liberty kenya Holdings received Sh492 million for their 60% stake in Heritage Insurance Tanzania(net of legal fees and capital gains tax).
    The Group's share of Net Asset Value as at the date of sale was Sh520 million resulting into a loss of Sh28 million.
  • Liberty Kenya Holdings half year profits fall 29.8% to Sh428M
    Liberty Kenya Holdings half year profits fall 29.8% to Sh428M driven by a surge in the volume of motor and medical claims that saw net insurance service results fall 61% from Sh577 million in the first half last year to Sh225 million in the first six months this year.
    The board of directors did not recommend payment of an interim dividend.