MTN Uganda has reported a 13.6 per cent increase in full-year revenue to $972 million for the year ended 31 December 2025, driven by rising demand for mobile data and financial technology services.
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Tracks performance, strategy, and major moves across Kenya’s corporate landscape. Reports on financial results, leadership changes, and strategic developments within local and multinational firms.
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The US tech giant will partner with schools, universities, and other institutions to deliver AI training focused on the continent's major tech hubs: South Africa, Kenya, Nigeria, and Morocco.
The group attributed the profit decline to elevated claims across motor, medical, fire, and group life business lines, combined with a normalisation of investment returns following exceptional equity market performance in 2024.
Under the terms of the deal, Synergetic Development Group will develop an integrated logistics centre for steel products, along with a steel fabrication plant, within the park. The facility will operate using 18 megawatts of geothermal power supplied directly from Olkaria's geothermal fields.
Under the first deal, New York Stock Exchange-listed Lifezone Metals has secured a 14-month exclusivity agreement to develop the Musongati nickel laterite project, Burundi's most significant nickel deposit and a key asset within the East African Nickel Belt
The performance represents the highest annual profit in KCB's history and underscores the resilience of Kenya's banking sector despite persistent economic headwinds including rising interest rates, inflationary pressures, and reduced household spending power.
Tanzanian billionaire Rostam Azizi says Nation Media Group will expand and create more jobs under new ownership.
Sawiris co-owns and chairs Aston Villa Football Club in the English Premier League and holds a 5 per cent stake in Madison Square Garden Sports, the parent company of the NBA's New York Knicks and the NHL's New York Rangers.
The KPC Proceeds will be channeled into Kenya’s newly established National Infrastructure Fund (NIF), a financing vehicle designed to support large-scale projects such as roads, airports, dams, and energy infrastructure.
Kenyan industrialist Darshan Chandaria is preparing a major strategic shift for one of East Africa’s longest-standing family businesses by establishing a formal family office aimed at strengthening governance and attracting outside investors.
