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Markets

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Safaricom Green Bond Safaricom Green Bond
Markets•

M-PESA propels Safaricom green bond retail uptake

M-PESA accounted for 59% of the green bond application as the bond introduced new market standards by prioritising innovation and accessibility.
EABL EABL
Markets•

Japan's Asahi gulps Diageo's EABL stake in KES296 billion deal

Diageo, which is the world's largest alcohol spirits maker, is selling
Raghav Gandhi, Chief Executive Officer, Africa Logistics Properties. Raghav Gandhi, Chief Executive Officer, Africa Logistics Properties.
Markets•

In a first in EA, Africa Logistics Properties Ltd Unveils Real Estate Investment Trust

The product has also been admitted to the NSE’s Sustainable Finance Centre of
Safaricom Safaricom
Markets•

Safaricom’s Sh20 billion bond raise signals confidence in markets

While telco sought KES15Bn, overwhelming demand pushed the subscription to 175.

Below the fold

Below the fold

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

Treasury Cabinet Secretary John Mbadi
Markets•

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

Equity Group CEO Dr. James Mwangi
Markets•

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

Kakuzi PLC
Markets•

Kakuzi feels the squeeze as strong shilling leads to Sh132M loss

Ecobank Kenya
Markets•

Ecobank Kenya speeds up growth strategy with Sh3.5Bn capital boost

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