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Markets

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Burn CEO Burn CEO
Markets•

ElectriFI backs BURN with over Sh600M to electrify Kenyan kitchens

Investment will allow over 100,000 Kenyan households to transition to clean, electric cooking—reducing household energy costs.
Absa custody services Absa custody services
Markets•

Absa unlocks new frontier with Kenya custody launch

Unit will provide a suite of services, including the safekeeping and
KCB Superior Homes KCB Superior Homes
Markets•

KCB, Superior Homes ink deal to smoothen property financing

KCB Bank will offer structured repayment plans, longer tenure options, and
AGF Equity AGF Equity
Markets•

Equity and AGF scale up MSME support with Sh64Bn boost

Credit line is tailored to enable Equity Group to scale its lending to MSMEs,

Below the fold

Below the fold

Jubilee Life Insurance CEO Asman Mugambi
Markets•

Jubilee Life Insurance posts Sh2.1 billion net profit

Central Bank of Kenya
Markets•

Set up Shariah Advisory Council to boost Islamic Financing

Access Bank Plc
Markets•

Nigeria's Access Bank grows East Africa presence with NBK buyout

Governor Kamau Thugge,
Markets•

CBK defies global uncertainty with fifth rate cut in a row

Sanlam Kenya
Markets•

Sanlam Kenya secures nod for Sh2.5Bn capital raise

Kakuzi PLC
Markets•

Unlock the US market, Kakuzi urges regulators in avocado export push

Jubilee Holdings Limited
Markets•

Jubilee Holdings to pay a record KES978 million in dividends

Bupa Global
Markets•

Health insurance giant Bupa Global targets Africa via Nairobi hub

CIC Group CEO Patrick Nyaga.
Markets•

CIC Group profits leap 100% to Sh2.8Bn on revenue surge

Equity Group CEO Dr. James Mwangi
Markets•

Equity Group’s profit soars 12% to Sh49Bn on regional growth

Treasury Cabinet Secretary John Mbadi
Markets•

Mbadi’s ambitious push to cut reliance on foreign creditors to 25%

Kakuzi PLC
Markets•

Kakuzi feels the squeeze as strong shilling leads to Sh132M loss