Market News

Business Conditions Pick Up Slightly In August
Digital Economy
The Stanbic Bank Kenya PMI® indicated a mild recovery in business conditions during August as the impact of protests faded, allowing firms ...

Jubilee Holdings Limited Posts 21% Jump In Half-Year Profits
Jubilee
Jubilee Holdings Limited (JHL) has announced a 21% increase in Profit Before Tax (PBT) to KES 2.9 billion from the KES ...

T-bills Fully Subscribed During The Week, Interbank Market Narrows
T-Bills
During the week, liquidity gaps in the interbank market narrowed slightly, with the average lending rate dropping to 12.88% from 12.92% in ...

Safaricom Dominated The Markets Last Week, Accounting For 60%
Corporate Bonds
Last week, market activity edged upwards to USD 17.78m (+92.6%w/w). Safaricom dominated market activity accounting for 60.5% of the ...

Old Mutual Group Announces Ksh 327 Million Profit After Tax In First Half Of 2024
Old Mutual
Old Mutual Holdings PLC has today announced a profit after tax of Kes327 million for the first half of 2024. This marks ...

Britam’s Pre-Tax Profit Up By 18% to Ksh 2.8 Billion In Half-Year
Britam
Listed diversified financial services firm Britam has posted an 18 per cent rise in pre-tax profit to hit Ksh2.8 billion for ...

Family Bank’s Profits Hits Ksh 2.3 Billion
Family Bank
Family Bank Group has posted a KES. 2.32 billion Profit Before Tax in the first six months of 2024. This is ...

Savannah Clinker Places Ksh 25.4 Billion Counter-Offer On Bamburi Cement
bamburi
Savannah Clinker Limited (SCL), a local building and construction sector firm, has placed a sweet counter-offer bid to acquire up to 100% ...

Bolt Bows To Pressure, Increases Fare By 10%
Bolt
Bolt has announced a 10% increase in base fares across all its ride categories. This decision reflects Bolt's ongoing dedication to providing ...

Absa Bank Kenya PLC Records 29% Growth In Profit After Tax To Ksh10.7 Billion
Absa Bank
Absa Bank Kenya PLC has reported a profit after tax of Kshs.10.7 billion for the half year ended 30 June ...



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