Author: Lorine Otamo

Equity Group Holdings grew profit after tax 32% to KES 45.5 billion in the first half of 2026, up from KES 34.6 billion a year earlier. Profit before tax rose faster still, climbing 39% to KES 57.8 billion, while earnings per share matched the pace, gaining 32% to KES 11.61. The numbers extend a run that started earlier in the year. Profit after tax rose 24% to KES 19.1 billion in the first quarter, and the Group closed 2025 with a 55% jump in profit for the year to KES 75.5 billion. Six months into 2026, growth has not slowed.…

The first time Sarah canceled, it felt reasonable. Work ran late, and she was genuinely apologetic. The second time carried a plausible explanation, a sudden family obligation. The third arrived with a long text and another round of regret. By the fourth cancellation, Mark realized something else was happening. It deserved honest attention rather than another round of understanding. Cancelled plans are not always relationship problems, but when they follow patterns, repeat around similar circumstances, or consistently involve the same excuses, they carry information worth reading carefully. Cancellations Happen. Patterns Do Not Lie. A genuine emergency cancels a plan once.…

Safaricom PLC has appointed two senior Vodacom Group executives to its board, deepening ties between the two companies just two months after Vodacom raised its stake in the Kenyan telco to 55 percent. The Nairobi listed company announced on August 13, 2026, that Mariam Cassim and Matimba Mbungela have joined as Non-Executive Directors, effective the same day. Their appointments remain subject to regulatory approval. Alongside the new arrivals, James Ludlow and Dr. Eng. John Kipngetich Mosonik have stepped down as Non-Executive Directors. The reshuffle follows June’s transaction that lifted Vodacom’s shareholding in Safaricom to 55 percent, and it signals how…

Britam Asset Managers wants Kenyan children to start investing before they can spell the word. The firm has rolled out KidNest, a children’s investment account built to give young Kenyans a running start on long term wealth creation, with parents and guardians able to open an account and begin contributing from as little as Ksh 1,000. The funds sit under professional management and grow over time, giving families a straightforward route to plan for school fees, university costs and other big milestones down the road. Why timing matters more than the amount Financial planning still trips up many Kenyan households,…

Car & General (Kenya) PLC more than quadrupled its bottom line in the first half of 2026, as strong vehicle and equipment sales across East Africa combined with a surge in earnings from its fintech associate Watu to deliver the company’s strongest six month performance in years. The Nairobi Securities Exchange listed firm reported profit after tax of KES 2.60 billion for the six months ended 30 June 2026, up 308.8% from KES 637.1 million in the same period last year. Turnover climbed 30% to KES 15.6 billion, driven by sales growth of 40% in Kenya, 35% in Uganda and…

Kenya has thrown its hat into the ring to host the 2029 World Athletics Championships, chasing a title no African nation has ever held: home to track and field’s biggest event. Nairobi now competes against London, Rome and Munich for the right to stage the championships. World Athletics plans to announce the winner in September, after the Ultimate Championships wraps up in Budapest. Government Throws Full Weight Behind the Bid Athletics Kenya calls its submission “robust,” and says it carries the backing of the national government from top to bottom. In a statement, the federation said the case for bringing…