Hapakenya News Updates

Safaricom PLC, Kenya’s leading telecommunications company, has officially announced that it has secured approval from the Capital Markets Authority (CMA) to establish a Medium Term Note (MTN) Programme. The approval was granted by the CMA on 7 November 2025. The MTN Programme will allow Safaricom to issue corporate bonds in an… Read more »

Kenyan authorities systematically deployed technology-facilitated violence as part of a coordinated and sustained campaign to suppress Generation Z-led protests between June 2024 and July 2025 against corruption and the introduction of new tax legislation, a new Amnesty International report shows. The report, “This fear, everyone is feeling it”: Tech-facilitated violence… Read more »

I&M Group delivered a strong performance in the third quarter of 2025, demonstrating growth across key financial metrics. The Group’s Profit After Tax (PAT) reached 12.675 Billion for the Q3  period ending September 30, 2025. This is a 27.5% increase from the 9.946 billion that the company posted in the previous… Read more »

KCB Group PLC has released its unaudited financial results for the third quarter of 2025, revealing a nuanced picture of growth. While the core lending business demonstrated strength, the Group’s overall Profit After Tax (PAT) growth was modest due to a significant drop in non-interest income and persistent challenges in… Read more »

Stanbic Bank Kenya’s financial results for the third quarter of 2025 (Q3 2025) reveal a mixed performance. This is highlighted by robust expansion in core lending and improved asset quality, yet overshadowed by a significant drop in non-interest income. The bank reported a 7.5% decline in Profit After Tax (PAT)… Read more »

Sidian Bank has announced that it has reported a profit after tax of Ksh. 1.4 billion for the period ended 30th September 2025. This is a significant 444.75% increase from the Ksh. 257 million that the company reported in a similar period in 2024. The growth in profitability was heavily… Read more »

Diamond Trust Bank (DTB) has announced that it has reported a profit after tax of Ksh. 8.3 billion for the Q3 period ending 30th September 2025. This is an increase from the Ksh. 7.4 billion profit after tax the company reported in the same period in 2024. Total interest income… Read more »

The Capital Markets Authority (CMA) has announced an enforcement action against Ernst & Young LLP (EY Kenya). The company served as the Reporting Accountant for the Uchumi Supermarkets Limited (USL) Rights Issue in 2014. Following protracted legal battles, the CMA has imposed a financial penalty of Ksh. 10 million on… Read more »

NCBA Group PLC has announced that it has posted a Ksh. 16.4 billion profit after tax for the Q3 period ended 30th September 2025. This is an 8.5 per cent increase in profit after tax from Ksh. 15.1 billion the company reported in the same period in 2024. The Group’s… Read more »

Britam General Insurance, Hotpoint Appliances, and MIC Global Risks have joined forces to offer 12 months of automatic all-risks insurance cover on select appliances purchased both in-store and online at Hotpoint outlets. This collaboration is designed to increase insurance accessibility by providing customers with free, automatic protection the moment they… Read more »