KCB, NCBA & StanChart Earnings in Focus, EABL Under Spotlight, and Kenya’s Sh47B Stadium Bond cover art

KCB, NCBA & StanChart Earnings in Focus, EABL Under Spotlight, and Kenya’s Sh47B Stadium Bond

KCB, NCBA & StanChart Earnings in Focus, EABL Under Spotlight, and Kenya’s Sh47B Stadium Bond

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In today’s episode of Kenyan Market Daily, we break down Kenya’s latest financial headlines and earnings updates. KCB Group posts a resilient Sh16.09 billion Q1 profit, while NCBA edges up 3.4% despite a shrinking balance sheet. StanChart isn’t as lucky, reporting a 13.5% dip on forex and loan slowdowns.

We also examine Diageo’s massive asset sale plan and how it casts a shadow over EABL, its last major African investment. Plus, tea exporters Williamson and Kapchorua issue profit warnings, and the CMA approves Kenya’s first-ever Sh47 billion asset-backed bond to fund the Talanta Sports City complex.

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Website: www.kenyamarketplacedaily.wordpress.com
TikTok & Instagram: @kenyamarketdaily

Courtesy: Business Daily & Company Filings

Follow us:
Website: www.kenyamarketplacedaily.wordpress.com
TikTok & Instagram: @kenyamarketdaily

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