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Markets

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Kenya Power Kenya Power
Markets•

Kenya Power net profit edges up to Sh25 billion on higher sales

Utility experienced 411,710 new customers during the year ended 30th June, driving up sales by 12 percent to 12,777 GWh.
Michael Mutiga Michael Mutiga
Markets•

Michael Mutiga confirmed as Stanbic Bank Kenya chief executive

Mr. Mutiga joins Stanbic Bank Kenya from from Safaricom PLC where he was
Financial Markets Financial Markets
Markets•

CMA issues red alert on 15 entities scamming investors

Investing public urged to steer clear of engaging with unlicensed platforms
Aliko Dangote Aliko Dangote
Markets•

Dangote's record Sh207bn IPO tests investor appetite as Kenya refinery plan advance

Capital raise in Nigeria stock market will be vital in funding the construction

Below the fold

Below the fold

Co-op Bank Naromoru Branch
Markets•

Digital gains, SME support drive Co-op Bank to Sh25.5Bn profit

NCBA IG
Markets•

NCBA unveils new insurance brand identity

Absa FY 2024 Results
Markets•

Absa’s Sh9.5 billion dividend caps strong financial year

Kakuzi avocado exports
Markets•

Kakuzi offers free Hass avocado testing as export window opens

KCB 2024 Results
Markets•

KCB investors to pocket Sh9.6Bn in dividends on profit gains

CMA CEO
Markets•

CMA suspends Trade Sense Ltd over forex breaches

Forex reserves
Markets•

Forex reserves dip by Sh25.8Bn on weakening shilling

Kenya Eurobond buyback
Markets•

Kenya moves to restructure debt with Sh116Bn Eurobond buyback

Central Bank of Kenya
Markets•

First ever domestic bond buyback earns CBK Sh50 billion

Unclaimed financial assets
Markets•

Kenyans have Sh82Bn in unclaimed wealth—Is some of it yours?

Dollar reserves
Markets•

Inflows and firm shilling lift forex reserves to new peak

Dr. Kamau Thugge
Markets•

CBK moves to penalise banks for offering expensive loans