#  @PesaWall Pesa Wall Standard Chartered Kenya is involved in a 35-year-long legal dispute with Manchester Outfitters and Galot Industries, with an estimated liability of Sh32 billion. The case, which is one of the longest commercial cases in Kenya, was heard at the Supreme Court. The dispute centers on whether a bank holding a security must register it afresh for subsequent loan advances. ### Engagements: [-----] [#](/creator/twitter::3147560918/interactions)  - [--] Week [------] -32% - [--] Month [-------] +98% - [--] Months [---------] +70% - [--] Year [---------] +425% ### Mentions: [--] [#](/creator/twitter::3147560918/posts_active)  - [--] Week [--] +33% - [--] Month [---] +47% - [--] Months [---] +129% - [--] Year [---] +3,206% ### Followers: [------] [#](/creator/twitter::3147560918/followers)  - [--] Week [------] +5.30% - [--] Month [------] +10% - [--] Months [------] +51% - [--] Year [------] +183% ### CreatorRank: [-------] [#](/creator/twitter::3147560918/influencer_rank)  ### Social Influence **Social category influence** [finance](/list/finance) 39.42% [countries](/list/countries) 25% [stocks](/list/stocks) 6.73% [currencies](/list/currencies) 4.81% [technology brands](/list/technology-brands) 3.85% [travel destinations](/list/travel-destinations) 3.85% [exchanges](/list/exchanges) 0.96% [financial services](/list/financial-services) 0.96% [social networks](/list/social-networks) 0.96% [premier league](/list/premier-league) 0.96% **Social topic influence** [kenya](/topic/kenya) #2297, [in the](/topic/in-the) 11.54%, [company](/topic/company) #2129, [acquisition](/topic/acquisition) 6.73%, [business](/topic/business) 5.77%, [uganda](/topic/uganda) 4.81%, [investment](/topic/investment) 4.81%, [paint](/topic/paint) 3.85%, [share](/topic/share) 3.85%, [$7747t](/topic/$7747t) 3.85% **Top accounts mentioned or mentioned by** [@waruhiufranklin](/creator/undefined) [@nakumattfans](/creator/undefined) [@nseplc](/creator/undefined) [@geniusgeneraton](/creator/undefined) [@kilindinijomba](/creator/undefined) [@johnam85](/creator/undefined) [@armlesswriter1](/creator/undefined) [@wandera316](/creator/undefined) **Top assets mentioned** [Alphabet Inc Class A (GOOGL)](/topic/$googl) ### Top Social Posts Top posts by engagements in the last [--] hours "Eveready has entered Kenya's electric mobility market launching asset-backed financing solutions for electric vehicles through a partnership with EV Jumia. The company also offers solar and digital power solutions through partnerships with Huawei and Jinko Solar" [X Link](https://x.com/PesaWall/status/2020861996216807425) 2026-02-09T14:07Z 14K followers, [----] engagements "Ziidi Trader accounted for 3.93% of the total value of shares that traded(turnover) and 59.3% of all market trades yesterday. Buy side turnover: Sh46.4m (12246 trades) Sell side turnover: Sh2.13m (1744 trades) The total market turnover was Sh1.23B. Data from @NSE_PLC" [X Link](https://x.com/PesaWall/status/2022524450055331984) 2026-02-14T04:13Z 14K followers, [----] engagements "Capital Markets Authority collected Sh1.07bn in fee income for the year ended June [--] 2025" [X Link](https://x.com/PesaWall/status/1988288852839317889) 2025-11-11T16:52Z 13.8K followers, [----] engagements "In September the Gov't approved Meren Energys (formerly Africa Oil) transfer of its interests in the Turkana oil blocks to its joint-venture partner Tullow Oil. Tullow Oil sold the oil blocks to Gulf Energy in July this year. The blocks hold an estimated 463m barrels of oil" [X Link](https://x.com/PesaWall/status/1990624251632644221) 2025-11-18T03:33Z 13.6K followers, [----] engagements "Kansai Paint the company behind the Plascon brand of paint generated Sh3.63 billion revenue from Kenya last financial year. Kenya accounts for 9% of the revenue the company generates in Africa" [X Link](https://x.com/PesaWall/status/1992798578729730135) 2025-11-24T03:33Z 13.7K followers, [----] engagements "Consolidated Bank rebounds to profitability with Sh94.7 million pre-tax profit for the nine month period ended September [--] [----]. Net interest income: +27% to 903M Operating income: +20.6% to 1.39B Operating expenses: +15.9% to 1.29B Profit before tax: 94.7M" [X Link](https://x.com/PesaWall/status/1992868736534278271) 2025-11-24T08:11Z 13.9K followers, [----] engagements "Kansai Paint (Plascon) is the market leader in paints in East Africa with 35% market share:" [X Link](https://x.com/PesaWall/status/1993165873885127147) 2025-11-25T03:52Z 13.7K followers, [----] engagements "Sanlam Kenya which has rebranded to SanlamAllianz Kenya is targeting to break into the top three insurers in Kenya. In the general insurance business the insurer ranked 19th last year with a market share of 1.5% and annual gross premiums of Sh3bn. 1/5" [X Link](https://x.com/PesaWall/status/1993682493333962782) 2025-11-26T14:05Z 13.9K followers, [----] engagements "The government set to receive a smaller share of Turkana oil revenues after granting Gulf Energy a higher cost-recovery rate of up to 85% of annual oil production up from 65% which had been agreed in the initial contract with Tullow" [X Link](https://x.com/PesaWall/status/1995336300459643180) 2025-12-01T03:37Z 13.6K followers, [----] engagements "Gulf Energy and its sub-contractors will be exempt from taxes on petroleum operations on block T7 after the government agreed to the changes made to the company's production sharing contract in relation to Block T7 Turkana Oil last week" [X Link](https://x.com/PesaWall/status/1995340326974706008) 2025-12-01T03:53Z 13.7K followers, [----] engagements "How the government will share profits from Turkana oil with Gulf Energy:" [X Link](https://x.com/PesaWall/status/1995699946532790423) 2025-12-02T03:42Z 13.7K followers, 16.4K engagements "EABL half year results for FY26 will be released this Friday 30th January [----]. Before the numbers are released here is a quick recap of the change in ownership: Diageo - Asahi 1/11" [X Link](https://x.com/PesaWall/status/2016529984580403451) 2026-01-28T15:13Z 13.9K followers, [----] engagements "Kenya Power has reported a 4% rise in half year profits to Sh10.4B for the period ended December [--] [----]. Revenue: +6.9% to Sh114.87B Profit after tax: +4% to Sh10.4B Interim dividend: Sh0.30 per share 1/4" [X Link](https://x.com/PesaWall/status/2018357699801440510) 2026-02-02T16:15Z 13.7K followers, [----] engagements "Sasini says the restructuring of its local retail unit is ongoing to increase sales and profitability. The business however faces high input costs of coffee stiff competition from other players reduced purchasing power from consumers and changes in consumer prefrences" [X Link](https://x.com/PesaWall/status/2018897803515154756) 2026-02-04T04:02Z 13.7K followers, [----] engagements "Mdundo says it has "updated its terms and conditions with right holders to better reflect the direct costs of operating the music service."" [X Link](https://x.com/PesaWall/status/2019623319654265271) 2026-02-06T04:04Z 13.7K followers, [---] engagements "Income statement:" [X Link](https://x.com/PesaWall/status/2019623323869802759) 2026-02-06T04:04Z 13.7K followers, [---] engagements "Entain plc a UK gambling company listed on the London Stock Exchange behind the Bwin and Ladbrokes brands has had its B2C subsidiary in Kenya dissolved. The company said in [----] it was exiting smaller markets like Kenya where timeframe for suitable returns is too long" [X Link](https://x.com/PesaWall/status/2019627863616753998) 2026-02-06T04:23Z 13.9K followers, [----] engagements "NSSF generated rental income of Sh1B from its properties valued at Sh24.8B:" [X Link](https://x.com/PesaWall/status/2020708610020676052) 2026-02-09T03:57Z 13.7K followers, 22K engagements "Mogo which is part of the Eleving Group provided smartphone loans of EUR [----] million (Sh2billion) to [-----] customers after launching the financing product last year in Kenya and Uganda" [X Link](https://x.com/PesaWall/status/2020887413401297226) 2026-02-09T15:48Z 13.7K followers, [----] engagements "Style Industries previously behind Darling brand of braids and weaves reported a 98% drop in revenues to Sh51m after selling a portion of its assets to Hair Manufacturing Ltd. Revenue: -98% to Sh51m Expenses: -70% to Sh615m Net loss: Sh103.5m Full financials below 1/8" [X Link](https://x.com/PesaWall/status/2021236142742421618) 2026-02-10T14:53Z 13.9K followers, [----] engagements "Quick tip: The numbers have been presented in KES but in Indian number formatting. Here is how to convert the decimal formatting to the "normal" format: [------] = [------] [--------] = 10000000" [X Link](https://x.com/PesaWall/status/2021236147104403848) 2026-02-10T14:53Z 13.7K followers, [---] engagements "Income statement:" [X Link](https://x.com/PesaWall/status/2021236150422135220) 2026-02-10T14:53Z 13.7K followers, [---] engagements "Equity & liabilities:" [X Link](https://x.com/PesaWall/status/2021236160555544777) 2026-02-10T14:53Z 13.7K followers, [---] engagements "Godrej Consumer Products which is the company that owns Style Industries also did an internal restructuring that saw one of its subsidiaries take a 67% stake for $7.5m investment in Style Industries:" [X Link](https://x.com/PesaWall/status/2021236163613245908) 2026-02-10T14:53Z 13.7K followers, [---] engagements "Style Industries disposed a portion of its assets to Hair Manufacturing at the end of the [----] financial year. The transaction saw about [---] employees lose their jobs" [X Link](https://x.com/PesaWall/status/2021236167161544903) 2026-02-10T14:53Z 13.9K followers, [---] engagements "The [----] numbers gives us a glimpse into the financials of companies in the hair and weave industry. Other notable companies in this space include: Angels Hair Collection Kenya (Sanaa Industries Ltd) Lush Hair Kenya (Tolaram Group) Fashion Idol (Rebecca Fashion)" [X Link](https://x.com/PesaWall/status/2021236170475085898) 2026-02-10T14:53Z 13.9K followers, [---] engagements "Quick tip: The numbers have been presented in KES but in Indian number formatting. Here is how to convert the decimal formatting to the "normal" format: [------] = [------] [--------] = 10000000" [X Link](https://x.com/PesaWall/status/2021242922839027965) 2026-02-10T15:20Z 13.7K followers, [---] engagements "Income statement:" [X Link](https://x.com/PesaWall/status/2021242925460476350) 2026-02-10T15:20Z 13.7K followers, [---] engagements "Equity & Liabilities:" [X Link](https://x.com/PesaWall/status/2021242934843036015) 2026-02-10T15:20Z 14K followers, [---] engagements "๐ Register here: https://tinyurl.com/yax4yw29 https://tinyurl.com/yax4yw29" [X Link](https://x.com/PesaWall/status/2021546783017517105) 2026-02-11T11:28Z 14K followers, [---] engagements "*neighbouring Tatu City" [X Link](https://x.com/PesaWall/status/2021551339285987430) 2026-02-11T11:46Z 14K followers, [---] engagements "Norges Bank Investment which manages the Norwegian oil fund added I&M Group in its portfolio last year buying 3.1M shares. The bank reduced all its stock holdings last year except Carbacid(bought 1.5M shares). The bank held Sh25B worth of Kenyan stocks as of 31st Dec. 2025" [X Link](https://x.com/PesaWall/status/2018175292393881923) 2026-02-02T04:11Z 14K followers, [----] engagements "Kakuzi has introduced quality loose-leaf tea brand in a bid to boost earnings from the local market. The company has in recent years launched ready-to-eat Macadamia Cold Pressed Macadamia Oil and Blueberry products to the local market" [X Link](https://x.com/PesaWall/status/2018973804442382840) 2026-02-04T09:04Z 14K followers, [----] engagements "Eleving Group which is the parent company of Mogo says it will deploy AI voice agents at its call centers in multiple markets after a successful pilot. In January the company entered into a partnership with a tech start up Chaseit to roll out AI voice agents. 1/4" [X Link](https://x.com/PesaWall/status/2020877461022494766) 2026-02-09T15:08Z 14K followers, [----] engagements "Canon Chemicals Limited the company behind Valon jelly reported a 14.6% drop in sales to Sh2B for the year ended March 2025: Sales: -14.6% to Sh2B Expenses: -7% to Sh1.7B Exceptional expenses: Sh512m Net loss: Sh327m 2024: Sh342m profit Full financials below 1/5" [X Link](https://x.com/PesaWall/status/2021242918887899434) 2026-02-10T15:20Z 14K followers, [---] engagements "Spiro Mobility has secured a $7 million (Sh900 million) senior debt facility from Nithios FAIR Fund. The investment will support Spiros expansion of its electric motorcycle fleet and battery swapping infrastructure across existing and new markets" [X Link](https://x.com/PesaWall/status/2021435524779540576) 2026-02-11T04:06Z 14K followers, [----] engagements "Jumia sold Sh5.41billion worth of physical goods through its platform(Gross Merchandise Value) in Kenya in the three months to Dec. [--] [----]. It represented 15% of Jumia Group's GMV. Overall Jumia Group reported a loss of $10.3m (Sh1.3 billion) for the year ended Dec. [--] 2025" [X Link](https://x.com/PesaWall/status/2021437286294962665) 2026-02-11T04:13Z 14K followers, [----] engagements "Kengen reported a 20% drop in half year profits to Sh4.2 billion for the period ended December [--] [----]. Revenue: +9% to Sh30.1bn Operating Profit: +6.4% to Sh7.1bn PAT: -20% to Sh4.2bn EPS: -20% to Sh0.64 No interim dividend" [X Link](https://x.com/PesaWall/status/2021476847377371517) 2026-02-11T06:50Z 14K followers, [----] engagements "CIC Group has successfully closed the sale of [--] acres of land in Tatu City and [---] acres in Kajiado. The sale will inject Sh1.8 billion into the balance sheet of CIC Group" [X Link](https://x.com/PesaWall/status/2021526441041784939) 2026-02-11T10:07Z 14K followers, [----] engagements "Kengen shares are down 5% to Sh9.10 after reporting 20% drop in half year profit:" [X Link](https://x.com/PesaWall/status/2021529040692339131) 2026-02-11T10:17Z 14K followers, [----] engagements "DTB Bank is the top gainer in early trading today rising 10% to Sh149. The stock has more than doubled in the last one year" [X Link](https://x.com/PesaWall/status/2021535307234255100) 2026-02-11T10:42Z 14K followers, [----] engagements "#Ad Got a business idea but not sure where to start Co-op Youth Forums Series continues this Friday as we unpack How to Start a Business led by our financial experts: ๐ 13th February [----] 11:00 AM ๐ Online via Zoom and live on YouTube X and Facebook" [X Link](https://x.com/PesaWall/status/2021546779737797085) 2026-02-11T11:28Z 14K followers, [---] engagements "CIC Group carry the Kajiado and Kiambu parcels of land on their books at Sh1.73 billion and Sh5.06 billion respectively as of Dec. [--] [----]. For Kajiado they have sold [---] acres out of [---] acres while in Kiambu [--] acres out of the [---] acres they hold for a combined Sh1.8 billion CIC Group has successfully closed the sale of [--] acres of land in Tatu City and [---] acres in Kajiado. The sale will inject Sh1.8 billion into the balance sheet of CIC Group. https://t.co/PVwNU8hNxJ CIC Group has successfully closed the sale of [--] acres of land in Tatu City and [---] acres in Kajiado. The sale will inject" [X Link](https://x.com/PesaWall/status/2021581486772892002) 2026-02-11T13:46Z 14K followers, [----] engagements "4G Capital a fintech dedicated to providing financial services to micro and small enterprises in Kenya and Uganda has secured investment of undisclosed amount from GIF Growth" [X Link](https://x.com/PesaWall/status/2021828728805011708) 2026-02-12T06:08Z 14K followers, [----] engagements "Zaad Holdings will acquire the remaining [--] per cent stake in East Africa Seeds Group after a consortium of investors injected capital through the acquisition of Zaad Holdings. Zaad Holdings first bought a [--] per cent stake in the Kenya-headquartered seed company in 2019" [X Link](https://x.com/PesaWall/status/2021954444263403963) 2026-02-12T14:28Z 14K followers, [----] engagements "Full list of [---] organizations that USAID disbursed funds to in [----] in relation to activities in Kenya: Full data including a breakdown of the activities funded on Google Sheet link below๐ Source: USAID Development Data Library" [X Link](https://x.com/PesaWall/status/1887504080316027132) 2025-02-06T14:10Z 14K followers, 481.2K engagements "NSSF's investment portfolio at the NSE:" [X Link](https://x.com/PesaWall/status/2020712511000215865) 2026-02-09T04:13Z 14K followers, 45K engagements "Kiambu County government is planning to set up an animal feeds plant in the county to support local farmers" [X Link](https://x.com/PesaWall/status/2022160552273829965) 2026-02-13T04:07Z 14K followers, [---] engagements "Weekly recap of what happened to the companies listed at the NSE:" [X Link](https://x.com/PesaWall/status/2022314569364836690) 2026-02-13T14:19Z 14K followers, 12.4K engagements "Land prices (per acre) in Nairobi suburbs and satellite towns as of December 2025:" [X Link](https://x.com/PesaWall/status/2022925089918857314) 2026-02-15T06:45Z 14K followers, 13.1K engagements "In Ethiopia Safaricom trimmed its losses by 22.7% to Sh29B despite the Ethiopian Birr depreciating and affecting performance. Voice revenues more than tripled to Sh1.4B Data revenues more than doubled to Sh4.1B 10/15" [X Link](https://x.com/PesaWall/status/1986440606785175846) 2025-11-06T14:28Z 13.3K followers, [---] engagements "Safaricom Group CEO Peter Ndegwa told investors depreciation of the Ethiopian Birr impacted results: "The Birr depreciation against major currencies particularly the US dollar and Euro contributed 35% to the Ethiopias net losses." 11/15" [X Link](https://x.com/PesaWall/status/1986440610669097426) 2025-11-06T14:28Z 13.6K followers, [---] engagements "Malindi Solar Group the company that runs the Malindi solar power plant made Sh363M profit in 2024: Revenue: +7.2% to Sh1.67B Expenses: -6.5% to Sh1.31B Profit: +120% to 363M" [X Link](https://x.com/PesaWall/status/1988983854598877621) 2025-11-13T14:54Z 13.3K followers, [----] engagements "Cancer Care Kenya Ltd a provider of cancer care with a [--] bedded Day Care Centre in Nairobi (HCG CCK Cancer Centre) made a profit of Sh162.49m in the year ended March [--] [----]. Revenue has grown 369% in the last [--] years (Sh.): 2025: 638m 2024: 280m 2023: 145.2m" [X Link](https://x.com/PesaWall/status/1990264380211253370) 2025-11-17T03:43Z 13.3K followers, [----] engagements "Top [--] in the general insurance business as of Dec 2024: Old Mutual: Sh17.67bn (8.6% market share). APA Insurance: Sh17.66bn (8.6% market share). Britam: Sh17.58bn (8.6% market share). 2/5" [X Link](https://x.com/PesaWall/status/1993682495972188462) 2025-11-26T14:05Z 13.8K followers, [---] engagements "Akzo Nobel Kenya Limited a Kenyan subsidiary of the third largest paint company in the world Akzo Nobel N.V is being liquidated. Akzo Nobel N.V is well known for its paint brand Sadolin Paints. Here is the interesting story of how the subsidiary was incorporated: 1/" [X Link](https://x.com/PesaWall/status/2000571380170121609) 2025-12-15T14:19Z 13.2K followers, 10.7K engagements "The story begins in [----] when Sadolin Paints East Africa Limited was established in Kenya as a subsidiary of Sadolin and Holmblad of Denmark. In [----] Akzo Nobel N.V acquired Sadolin and Holmblad and by extension Sadolin East Africa Limited became its subsidiary. 2/" [X Link](https://x.com/PesaWall/status/2000571383797981191) 2025-12-15T14:19Z 13.2K followers, [---] engagements "In [----] Akzo Nobel N.V sold Sadolin East Africa Limited to a group of local investors. Akzo Nobel signed an agreement with the new local owners of Sadolin Paints (EA) Limited to use the Sadolin trademark and provide it with product and technical support. 3/" [X Link](https://x.com/PesaWall/status/2000571386792640735) 2025-12-15T14:19Z 13.2K followers, [---] engagements "The franchise deal was extended in [----] and allowed Sadolin East Africa Limited to use the Sadolin trade mark and product technology and in return pay franchise fees of 1%. 5/" [X Link](https://x.com/PesaWall/status/2000571405784723488) 2025-12-15T14:19Z 13.2K followers, [---] engagements "The fee was raised in [----] to 2% for the period between January [----] and December [----]. Fresh negotiations in [----] to extend the deal beyond [----] hit a stand off when Akzo Nobel N.V disclosed it intended to raise the fee to 5%. 6/" [X Link](https://x.com/PesaWall/status/2000571408800477623) 2025-12-15T14:19Z 13.2K followers, [---] engagements "This standoff forced Sadolin E.A owners to seek new partners which much later in [----] led to the acquisition of Sadolin E.A. It was not clear whether Akzo Nobel N.V had learnt of these plans. 7/" [X Link](https://x.com/PesaWall/status/2000571412021666263) 2025-12-15T14:19Z 13.2K followers, [---] engagements "In February [----] Akzo Nobel N.V sent a termination notice notifying Sadolin East Africa Limited that their licence agreement would come to an end in February [----] instead of the initial December [----]. 9/" [X Link](https://x.com/PesaWall/status/2000571418430624206) 2025-12-15T14:19Z 13.2K followers, [---] engagements ""Akzo Nobel intent on frustrating Sadolin Paints East Africa Limited has notwithstanding the termination notice proceeded to incorporate another company christened Akzo Nobel Kenya and is in the process of issuing it. 10/" [X Link](https://x.com/PesaWall/status/2000571421387366895) 2025-12-15T14:19Z 13.2K followers, [---] engagements "In August [----] Kansai Paints a leading paints manufacturer in the Asian region completed the acquisition of Sadolin Paints East Africa for Sh10 billion $100m. 12/" [X Link](https://x.com/PesaWall/status/2000571427599380924) 2025-12-15T14:19Z 13.7K followers, [---] engagements "In September [----] Akzo Nobel N.V terminated the licence agreement with Kansai Paint which had just acquired Sadolin Paints E.A. Akzo Nobel terminated the agreement citing Kansai Paints' actions to rename the Sadolin brand to Plascon. 13/" [X Link](https://x.com/PesaWall/status/2000571430828953925) 2025-12-15T14:19Z 13.7K followers, [---] engagements "Kansai Paints was obligated to continue producing and selling the Sadolin brand till end of January [----] but chose to rebrand and in some cases overlabelled the Sadolin brand with Plascon. 14/" [X Link](https://x.com/PesaWall/status/2000571445513277698) 2025-12-15T14:19Z 13.2K followers, [---] engagements "In October [----] Akzo Nobel N.V appointed Regal Paints Uganda a subsidiary of Crown Paints to continue manufacturing and selling Sadolin Paints in Uganda where it led market share with over 50%. Crown Paints charges a tolling fee of 9% of raw materials and overheads. 15/" [X Link](https://x.com/PesaWall/status/2000571459165716879) 2025-12-15T14:19Z 13.2K followers, [---] engagements "You see when Akzo Nobel N.V appointed Regal Paints Uganda to use its trademarks to manufacture and sell Sadolin Paints the company failed to notify Comesa Competition Commission saying the deal was not a merger. 16/" [X Link](https://x.com/PesaWall/status/2000571462814445799) 2025-12-15T14:19Z 13.2K followers, [---] engagements "In [----] Akzo Nobel N.V attempted to acquire Kansai Paints' business in Africa. However Comesa Competition Commission partially blocked the acquisition becoming the first merger to be blocked since the commission became operational in 2013" [X Link](https://x.com/PesaWall/status/2000571481105825810) 2025-12-15T14:19Z 13.2K followers, [---] engagements "In November [----] Akzo Nobel made the decision not to proceed with the acquisition of Kansai Paints' business in Africa recording a loss of Sh5.4 billion related to hedging activities around the acquisition" [X Link](https://x.com/PesaWall/status/2000571494397792498) 2025-12-15T14:19Z 13.2K followers, [---] engagements "EABL holds 90% market share in Kenya and trails Nile Breweries and Tanzania Breweries both part of Anheuser-Busch InBev in Uganda and Tanzania with 40% and 30% market share respectively. Anheuser-Busch InBev is the largest brewer in the world" [X Link](https://x.com/PesaWall/status/2006013153294049684) 2025-12-30T14:43Z 13.3K followers, [----] engagements "KOfisi has reported a loss of Sh417 million for the year ended December [--] 2024: Revenue:+24.5% to Sh1.33B Net loss: Sh417m Full financial reports shared below" [X Link](https://x.com/PesaWall/status/2008193244233130377) 2026-01-05T15:05Z 13.2K followers, 37.2K engagements "We have gone through the 149-page Kenya Pipeline IPO prospectus. Here is a summary of what you need to know about the Kenya Pipeline IPO. 1/24" [X Link](https://x.com/PesaWall/status/2013269456613433787) 2026-01-19T15:16Z 13.2K followers, 63.3K engagements "The gov't is offering around 11.8B shares of the 18.2B issued shares (representing 65% of Kenya Pipeline ownership) at Sh9 per share. Some numbers shared from the most recent FY: Earnings per share: Sh0.41 Dividend per share: Sh0.35 2/" [X Link](https://x.com/PesaWall/status/2013269469326393468) 2026-01-19T15:17Z 13.2K followers, 10.9K engagements "Kenya Pipeline is facing a case with a potential liability of around Sh2.6B. The company lost the case at the High Court and appealed at Court of Appeal. As we have seen previously with Stanchart the outcome of such cases can materially affect the share price in future. 17/" [X Link](https://x.com/PesaWall/status/2013269686515855701) 2026-01-19T15:17Z 13.2K followers, [----] engagements "Now on to Kenya pipeline numbers: Let's start with the latest. The company reported a net profit of Sh3.62B for the first quarter ended September [--] [----]. Revenue: +9.6% to 10.4B Net profit: +15.9% to 3.62B 18/" [X Link](https://x.com/PesaWall/status/2013269703842554132) 2026-01-19T15:17Z 13.2K followers, [----] engagements "Statement of cash flows:" [X Link](https://x.com/PesaWall/status/2013269742941876549) 2026-01-19T15:18Z 13.2K followers, [----] engagements "Income statement projections for the next five years:" [X Link](https://x.com/PesaWall/status/2013269754778128396) 2026-01-19T15:18Z 13.2K followers, [----] engagements "NedBank intends to acquire 66% of NCBA from shareholders by way of a tender offer. The planned acquisition values NCBA at a multiple of [---] times its book value. Let's break down the details of this transaction. 1/7" [X Link](https://x.com/PesaWall/status/2014050324550386052) 2026-01-21T18:59Z 13.2K followers, [----] engagements "Nedbank intends to retain NCBA listing at the NSE and has applied to CMA to be exempted from making a takeover offer. However If they don't obtain the exemption by [--] May [----] the offer will change to 100% acquisition of NCBA. 5/7" [X Link](https://x.com/PesaWall/status/2014050379390914870) 2026-01-21T19:00Z 13.2K followers, [---] engagements "The offer is on pro-rata basis meaning Nedbank will buy 66% of the shares held by each participating shareholder. If shareholders sell more than 66% of the total company shares Nedbank will use pro-rata to calculate how many shares each person can actually sell. 6/7" [X Link](https://x.com/PesaWall/status/2014050382788407737) 2026-01-21T19:00Z 13.2K followers, [---] engagements "Only Stanchart Kenya and Absa Bank Kenya trade at a higher price to book multiple than the 1.4x to be paid for NCBA" [X Link](https://x.com/PesaWall/status/2014545373667139770) 2026-01-23T03:47Z 13.2K followers, 12.5K engagements "Flamingo Horticulture one of Kenya's largest flower exporters broke ground to expand its Naivasha site following the release of part of its VAT refund. The company is planning to invest Sh1.8bn in the next [--] years. Flamingo Horticulture generated revenues of Sh18bn in 2024" [X Link](https://x.com/PesaWall/status/2015619325223465222) 2026-01-26T02:54Z 13.3K followers, [----] engagements "The value of bonds traded grew 75.5% to Sh2.7T while the value of equities traded grew 36.8% to Sh145B in 2025" [X Link](https://x.com/PesaWall/status/2015988382183084394) 2026-01-27T03:21Z 13.3K followers, [---] engagements "Zaribee Kenya a mobility finance company operating in Kenya providing rent-to-own motorcycle solutions has been acquired by Japanese firm WASSHA Group for undisclosed amount. Zaribee reported 300% revenue growth in 2024" [X Link](https://x.com/PesaWall/status/2016354167472984376) 2026-01-28T03:34Z 13.2K followers, [----] engagements "The Government plans to develop a Unified Analytics and Predictive Transport System to integrate and consolidate transport data from multiple agencies" [X Link](https://x.com/PesaWall/status/2016358571357962385) 2026-01-28T03:52Z 13.2K followers, [---] engagements "Diageo is in the process of selling its 65% stake in EABL to Asahi for $23B(about Sh300B) net after tax and transaction costs. Completion is expected in the second half of [----] subject to regulatory approvals. 2/11" [X Link](https://x.com/PesaWall/status/2016529987797475467) 2026-01-28T15:13Z 13.3K followers, [---] engagements "Upon announcement of the transaction EABL share price rallied sharply with investors seeing a Sh13B gain. 4/11" [X Link](https://x.com/PesaWall/status/2016529994596392969) 2026-01-28T15:13Z 13.2K followers, [---] engagements "The Asahi-Diageo deal ranks sixth among the largest M&A deals involving African assets since [----] and is the biggest ever in East Africa. [--]. MSC // Bollore Africa Logistics - $6.4B (2022) [--]. Coca-Cola HBC // Gutsche Family & Coca-Cola-CCBA - $2.6B (2025) . 5/11" [X Link](https://x.com/PesaWall/status/2016529998618796443) 2026-01-28T15:13Z 13.2K followers, [---] engagements "Asahi operates across Japan Europe Oceania and SE Asia. CEO Katsuki says East Africa will be scaled to match Oceania and Europe which generated Sh596B and Sh651B respectively in [----]. For context EABL generated Sh124B in the same year. 10/11" [X Link](https://x.com/PesaWall/status/2016530013416231300) 2026-01-28T15:13Z 13.3K followers, [---] engagements "Interesting facts about Asahi: They are a global sports patron sponsoring Manchester City FC Ferrari in Formula [--] and the Rugby World Cup. They are committed to 100% sustainable sourcing and achieving carbon neutrality in its breweries by [----]. 11/11" [X Link](https://x.com/PesaWall/status/2016530016121610669) 2026-01-28T15:13Z 13.3K followers, [---] engagements "Yesterday we attended a session where public finance stakeholders discussed matters public debt. The session was attended by senior government officials and public finance specialists from several institutions. Here are some key takeaways from the session: 1/8" [X Link](https://x.com/PesaWall/status/2016932899744793061) 2026-01-29T17:54Z 13.2K followers, [----] engagements "KBA CEO urged Treasury to lower PAYE levied on salaried Kenyans to boost demand in the economy to improve revenue and debt servicing. He confirmed that as KBA they have already made submissions to Treasury to revise PAYE downwards this year. 2/8" [X Link](https://x.com/PesaWall/status/2016932902785736711) 2026-01-29T17:54Z 13.2K followers, [---] engagements "Last week Institute of Public Finance during the launch of their Macro-Fiscal Analysis Snapshot report also called for the government to introduce 15% and 20% PAYE tax bands to reduce taxes levied on Kenyans and boost their disposal incomes. 3/8" [X Link](https://x.com/PesaWall/status/2016932905788768734) 2026-01-29T17:54Z 13.2K followers, [---] engagements "KBA CEO Raimond Molenje also went into the details of how banking customers having direct access to T-Bills and T-Bonds has affected their cost of deposits and how that has made interest rates less responsive even as MPC adjusts the base rate downwards: 4/8" [X Link](https://x.com/PesaWall/status/2016932908561256567) 2026-01-29T17:54Z 13.2K followers, [---] engagements "Nairobi Hospital generated revenue of Sh12.86bn for the year ended [--] December [----]. The hospital reported a deficit(loss) of Sh2.2B. Income: +5.3% to Sh12.2B Deficit(Loss): Sh2.2B 1/6" [X Link](https://x.com/PesaWall/status/2017250727278555483) 2026-01-30T14:57Z 13.2K followers, [----] engagements "Uber officially ended its services in Tanzania as of January [--] [----] after nearly a decade of operations" [X Link](https://x.com/PesaWall/status/2018178563741036809) 2026-02-02T04:24Z 13.3K followers, 95.5K engagements "Income statement:" [X Link](https://x.com/PesaWall/status/2018357703777660950) 2026-02-02T16:15Z 13.3K followers, [---] engagements "Sasini's top [--] shareholders as of 30th September 2025:" [X Link](https://x.com/PesaWall/status/2018896796538597670) 2026-02-04T03:58Z 13.3K followers, [----] engagements "Safaricom has announced interim dividend of Sh0.85 per share up 54% from the Sh0.55 it paid last year. Book closure: 25th Feb [----] Payment date: 31st March [----] We attempted to reverse engineer the expected dividends in that Gov't and Vodacom Safaricom dividend deal based on numbers disclosed to the analysts. There are so many possible combinations. We ran into [--] interesting scenarios that came close to those numbers: https://t.co/Z3VL5GAlt8 We attempted to reverse engineer the expected dividends in that Gov't and Vodacom Safaricom dividend deal based on numbers disclosed to the analysts." [X Link](https://x.com/PesaWall/status/2019255785566728593) 2026-02-05T03:44Z 13.3K followers, [----] engagements "Centum acquired an additional 47.5% stake in Akiira Geothermal increasing its stake in the company to 85%. Centum acquired 37.5% from DI Frontier Market & Carbon Fund for Sh193.9m and another 10% stake from Ram Energy for Sh38.8m. The two deals resulted in gains of Sh896.5m" [X Link](https://x.com/PesaWall/status/1965054517700870291) 2025-09-08T14:08Z 14K followers, [----] engagements "Cold Solutions Kiambu (SEZ) Limited a company that provides temperature-controlled warehouse and logistics services in Kenya has secured Sh2.47bn funding from Mirova" [X Link](https://x.com/PesaWall/status/2016362094782812462) 2026-01-28T04:06Z 14K followers, [----] engagements "Watu grew its gross revenues from Sh17.9bn in [----] to Sh29.9bn in [----]. Growth was driven by smartphone financing and the consolidation of reporting across all Watu markets (2023 reflected East Africa only) The company is targeting a revenue of Sh44bn this year. 1/7" [X Link](https://x.com/anyuser/status/1970062696055025989) 2025-09-22T09:48Z 14K followers, 39.7K engagements Limited data mode. Full metrics available with subscription: lunarcrush.com/pricing
@PesaWall Pesa WallStandard Chartered Kenya is involved in a 35-year-long legal dispute with Manchester Outfitters and Galot Industries, with an estimated liability of Sh32 billion. The case, which is one of the longest commercial cases in Kenya, was heard at the Supreme Court. The dispute centers on whether a bank holding a security must register it afresh for subsequent loan advances.
Social category influence finance 39.42% countries 25% stocks 6.73% currencies 4.81% technology brands 3.85% travel destinations 3.85% exchanges 0.96% financial services 0.96% social networks 0.96% premier league 0.96%
Social topic influence kenya #2297, in the 11.54%, company #2129, acquisition 6.73%, business 5.77%, uganda 4.81%, investment 4.81%, paint 3.85%, share 3.85%, $7747t 3.85%
Top accounts mentioned or mentioned by @waruhiufranklin @nakumattfans @nseplc @geniusgeneraton @kilindinijomba @johnam85 @armlesswriter1 @wandera316
Top assets mentioned Alphabet Inc Class A (GOOGL)
Top posts by engagements in the last [--] hours
"Eveready has entered Kenya's electric mobility market launching asset-backed financing solutions for electric vehicles through a partnership with EV Jumia. The company also offers solar and digital power solutions through partnerships with Huawei and Jinko Solar"
X Link 2026-02-09T14:07Z 14K followers, [----] engagements
"Ziidi Trader accounted for 3.93% of the total value of shares that traded(turnover) and 59.3% of all market trades yesterday. Buy side turnover: Sh46.4m (12246 trades) Sell side turnover: Sh2.13m (1744 trades) The total market turnover was Sh1.23B. Data from @NSE_PLC"
X Link 2026-02-14T04:13Z 14K followers, [----] engagements
"Capital Markets Authority collected Sh1.07bn in fee income for the year ended June [--] 2025"
X Link 2025-11-11T16:52Z 13.8K followers, [----] engagements
"In September the Gov't approved Meren Energys (formerly Africa Oil) transfer of its interests in the Turkana oil blocks to its joint-venture partner Tullow Oil. Tullow Oil sold the oil blocks to Gulf Energy in July this year. The blocks hold an estimated 463m barrels of oil"
X Link 2025-11-18T03:33Z 13.6K followers, [----] engagements
"Kansai Paint the company behind the Plascon brand of paint generated Sh3.63 billion revenue from Kenya last financial year. Kenya accounts for 9% of the revenue the company generates in Africa"
X Link 2025-11-24T03:33Z 13.7K followers, [----] engagements
"Consolidated Bank rebounds to profitability with Sh94.7 million pre-tax profit for the nine month period ended September [--] [----]. Net interest income: +27% to 903M Operating income: +20.6% to 1.39B Operating expenses: +15.9% to 1.29B Profit before tax: 94.7M"
X Link 2025-11-24T08:11Z 13.9K followers, [----] engagements
"Kansai Paint (Plascon) is the market leader in paints in East Africa with 35% market share:"
X Link 2025-11-25T03:52Z 13.7K followers, [----] engagements
"Sanlam Kenya which has rebranded to SanlamAllianz Kenya is targeting to break into the top three insurers in Kenya. In the general insurance business the insurer ranked 19th last year with a market share of 1.5% and annual gross premiums of Sh3bn. 1/5"
X Link 2025-11-26T14:05Z 13.9K followers, [----] engagements
"The government set to receive a smaller share of Turkana oil revenues after granting Gulf Energy a higher cost-recovery rate of up to 85% of annual oil production up from 65% which had been agreed in the initial contract with Tullow"
X Link 2025-12-01T03:37Z 13.6K followers, [----] engagements
"Gulf Energy and its sub-contractors will be exempt from taxes on petroleum operations on block T7 after the government agreed to the changes made to the company's production sharing contract in relation to Block T7 Turkana Oil last week"
X Link 2025-12-01T03:53Z 13.7K followers, [----] engagements
"How the government will share profits from Turkana oil with Gulf Energy:"
X Link 2025-12-02T03:42Z 13.7K followers, 16.4K engagements
"EABL half year results for FY26 will be released this Friday 30th January [----]. Before the numbers are released here is a quick recap of the change in ownership: Diageo - Asahi 1/11"
X Link 2026-01-28T15:13Z 13.9K followers, [----] engagements
"Kenya Power has reported a 4% rise in half year profits to Sh10.4B for the period ended December [--] [----]. Revenue: +6.9% to Sh114.87B Profit after tax: +4% to Sh10.4B Interim dividend: Sh0.30 per share 1/4"
X Link 2026-02-02T16:15Z 13.7K followers, [----] engagements
"Sasini says the restructuring of its local retail unit is ongoing to increase sales and profitability. The business however faces high input costs of coffee stiff competition from other players reduced purchasing power from consumers and changes in consumer prefrences"
X Link 2026-02-04T04:02Z 13.7K followers, [----] engagements
"Mdundo says it has "updated its terms and conditions with right holders to better reflect the direct costs of operating the music service.""
X Link 2026-02-06T04:04Z 13.7K followers, [---] engagements
"Income statement:"
X Link 2026-02-06T04:04Z 13.7K followers, [---] engagements
"Entain plc a UK gambling company listed on the London Stock Exchange behind the Bwin and Ladbrokes brands has had its B2C subsidiary in Kenya dissolved. The company said in [----] it was exiting smaller markets like Kenya where timeframe for suitable returns is too long"
X Link 2026-02-06T04:23Z 13.9K followers, [----] engagements
"NSSF generated rental income of Sh1B from its properties valued at Sh24.8B:"
X Link 2026-02-09T03:57Z 13.7K followers, 22K engagements
"Mogo which is part of the Eleving Group provided smartphone loans of EUR [----] million (Sh2billion) to [-----] customers after launching the financing product last year in Kenya and Uganda"
X Link 2026-02-09T15:48Z 13.7K followers, [----] engagements
"Style Industries previously behind Darling brand of braids and weaves reported a 98% drop in revenues to Sh51m after selling a portion of its assets to Hair Manufacturing Ltd. Revenue: -98% to Sh51m Expenses: -70% to Sh615m Net loss: Sh103.5m Full financials below 1/8"
X Link 2026-02-10T14:53Z 13.9K followers, [----] engagements
"Quick tip: The numbers have been presented in KES but in Indian number formatting. Here is how to convert the decimal formatting to the "normal" format: [------] = [------] [--------] = 10000000"
X Link 2026-02-10T14:53Z 13.7K followers, [---] engagements
"Income statement:"
X Link 2026-02-10T14:53Z 13.7K followers, [---] engagements
"Equity & liabilities:"
X Link 2026-02-10T14:53Z 13.7K followers, [---] engagements
"Godrej Consumer Products which is the company that owns Style Industries also did an internal restructuring that saw one of its subsidiaries take a 67% stake for $7.5m investment in Style Industries:"
X Link 2026-02-10T14:53Z 13.7K followers, [---] engagements
"Style Industries disposed a portion of its assets to Hair Manufacturing at the end of the [----] financial year. The transaction saw about [---] employees lose their jobs"
X Link 2026-02-10T14:53Z 13.9K followers, [---] engagements
"The [----] numbers gives us a glimpse into the financials of companies in the hair and weave industry. Other notable companies in this space include: Angels Hair Collection Kenya (Sanaa Industries Ltd) Lush Hair Kenya (Tolaram Group) Fashion Idol (Rebecca Fashion)"
X Link 2026-02-10T14:53Z 13.9K followers, [---] engagements
"Quick tip: The numbers have been presented in KES but in Indian number formatting. Here is how to convert the decimal formatting to the "normal" format: [------] = [------] [--------] = 10000000"
X Link 2026-02-10T15:20Z 13.7K followers, [---] engagements
"Income statement:"
X Link 2026-02-10T15:20Z 13.7K followers, [---] engagements
"Equity & Liabilities:"
X Link 2026-02-10T15:20Z 14K followers, [---] engagements
"๐ Register here: https://tinyurl.com/yax4yw29 https://tinyurl.com/yax4yw29"
X Link 2026-02-11T11:28Z 14K followers, [---] engagements
"*neighbouring Tatu City"
X Link 2026-02-11T11:46Z 14K followers, [---] engagements
"Norges Bank Investment which manages the Norwegian oil fund added I&M Group in its portfolio last year buying 3.1M shares. The bank reduced all its stock holdings last year except Carbacid(bought 1.5M shares). The bank held Sh25B worth of Kenyan stocks as of 31st Dec. 2025"
X Link 2026-02-02T04:11Z 14K followers, [----] engagements
"Kakuzi has introduced quality loose-leaf tea brand in a bid to boost earnings from the local market. The company has in recent years launched ready-to-eat Macadamia Cold Pressed Macadamia Oil and Blueberry products to the local market"
X Link 2026-02-04T09:04Z 14K followers, [----] engagements
"Eleving Group which is the parent company of Mogo says it will deploy AI voice agents at its call centers in multiple markets after a successful pilot. In January the company entered into a partnership with a tech start up Chaseit to roll out AI voice agents. 1/4"
X Link 2026-02-09T15:08Z 14K followers, [----] engagements
"Canon Chemicals Limited the company behind Valon jelly reported a 14.6% drop in sales to Sh2B for the year ended March 2025: Sales: -14.6% to Sh2B Expenses: -7% to Sh1.7B Exceptional expenses: Sh512m Net loss: Sh327m 2024: Sh342m profit Full financials below 1/5"
X Link 2026-02-10T15:20Z 14K followers, [---] engagements
"Spiro Mobility has secured a $7 million (Sh900 million) senior debt facility from Nithios FAIR Fund. The investment will support Spiros expansion of its electric motorcycle fleet and battery swapping infrastructure across existing and new markets"
X Link 2026-02-11T04:06Z 14K followers, [----] engagements
"Jumia sold Sh5.41billion worth of physical goods through its platform(Gross Merchandise Value) in Kenya in the three months to Dec. [--] [----]. It represented 15% of Jumia Group's GMV. Overall Jumia Group reported a loss of $10.3m (Sh1.3 billion) for the year ended Dec. [--] 2025"
X Link 2026-02-11T04:13Z 14K followers, [----] engagements
"Kengen reported a 20% drop in half year profits to Sh4.2 billion for the period ended December [--] [----]. Revenue: +9% to Sh30.1bn Operating Profit: +6.4% to Sh7.1bn PAT: -20% to Sh4.2bn EPS: -20% to Sh0.64 No interim dividend"
X Link 2026-02-11T06:50Z 14K followers, [----] engagements
"CIC Group has successfully closed the sale of [--] acres of land in Tatu City and [---] acres in Kajiado. The sale will inject Sh1.8 billion into the balance sheet of CIC Group"
X Link 2026-02-11T10:07Z 14K followers, [----] engagements
"Kengen shares are down 5% to Sh9.10 after reporting 20% drop in half year profit:"
X Link 2026-02-11T10:17Z 14K followers, [----] engagements
"DTB Bank is the top gainer in early trading today rising 10% to Sh149. The stock has more than doubled in the last one year"
X Link 2026-02-11T10:42Z 14K followers, [----] engagements
"#Ad Got a business idea but not sure where to start Co-op Youth Forums Series continues this Friday as we unpack How to Start a Business led by our financial experts: ๐
13th February [----] 11:00 AM ๐ Online via Zoom and live on YouTube X and Facebook"
X Link 2026-02-11T11:28Z 14K followers, [---] engagements
"CIC Group carry the Kajiado and Kiambu parcels of land on their books at Sh1.73 billion and Sh5.06 billion respectively as of Dec. [--] [----]. For Kajiado they have sold [---] acres out of [---] acres while in Kiambu [--] acres out of the [---] acres they hold for a combined Sh1.8 billion CIC Group has successfully closed the sale of [--] acres of land in Tatu City and [---] acres in Kajiado. The sale will inject Sh1.8 billion into the balance sheet of CIC Group. https://t.co/PVwNU8hNxJ CIC Group has successfully closed the sale of [--] acres of land in Tatu City and [---] acres in Kajiado. The sale will inject"
X Link 2026-02-11T13:46Z 14K followers, [----] engagements
"4G Capital a fintech dedicated to providing financial services to micro and small enterprises in Kenya and Uganda has secured investment of undisclosed amount from GIF Growth"
X Link 2026-02-12T06:08Z 14K followers, [----] engagements
"Zaad Holdings will acquire the remaining [--] per cent stake in East Africa Seeds Group after a consortium of investors injected capital through the acquisition of Zaad Holdings. Zaad Holdings first bought a [--] per cent stake in the Kenya-headquartered seed company in 2019"
X Link 2026-02-12T14:28Z 14K followers, [----] engagements
"Full list of [---] organizations that USAID disbursed funds to in [----] in relation to activities in Kenya: Full data including a breakdown of the activities funded on Google Sheet link below๐ Source: USAID Development Data Library"
X Link 2025-02-06T14:10Z 14K followers, 481.2K engagements
"NSSF's investment portfolio at the NSE:"
X Link 2026-02-09T04:13Z 14K followers, 45K engagements
"Kiambu County government is planning to set up an animal feeds plant in the county to support local farmers"
X Link 2026-02-13T04:07Z 14K followers, [---] engagements
"Weekly recap of what happened to the companies listed at the NSE:"
X Link 2026-02-13T14:19Z 14K followers, 12.4K engagements
"Land prices (per acre) in Nairobi suburbs and satellite towns as of December 2025:"
X Link 2026-02-15T06:45Z 14K followers, 13.1K engagements
"In Ethiopia Safaricom trimmed its losses by 22.7% to Sh29B despite the Ethiopian Birr depreciating and affecting performance. Voice revenues more than tripled to Sh1.4B Data revenues more than doubled to Sh4.1B 10/15"
X Link 2025-11-06T14:28Z 13.3K followers, [---] engagements
"Safaricom Group CEO Peter Ndegwa told investors depreciation of the Ethiopian Birr impacted results: "The Birr depreciation against major currencies particularly the US dollar and Euro contributed 35% to the Ethiopias net losses." 11/15"
X Link 2025-11-06T14:28Z 13.6K followers, [---] engagements
"Malindi Solar Group the company that runs the Malindi solar power plant made Sh363M profit in 2024: Revenue: +7.2% to Sh1.67B Expenses: -6.5% to Sh1.31B Profit: +120% to 363M"
X Link 2025-11-13T14:54Z 13.3K followers, [----] engagements
"Cancer Care Kenya Ltd a provider of cancer care with a [--] bedded Day Care Centre in Nairobi (HCG CCK Cancer Centre) made a profit of Sh162.49m in the year ended March [--] [----]. Revenue has grown 369% in the last [--] years (Sh.): 2025: 638m 2024: 280m 2023: 145.2m"
X Link 2025-11-17T03:43Z 13.3K followers, [----] engagements
"Top [--] in the general insurance business as of Dec 2024: Old Mutual: Sh17.67bn (8.6% market share). APA Insurance: Sh17.66bn (8.6% market share). Britam: Sh17.58bn (8.6% market share). 2/5"
X Link 2025-11-26T14:05Z 13.8K followers, [---] engagements
"Akzo Nobel Kenya Limited a Kenyan subsidiary of the third largest paint company in the world Akzo Nobel N.V is being liquidated. Akzo Nobel N.V is well known for its paint brand Sadolin Paints. Here is the interesting story of how the subsidiary was incorporated: 1/"
X Link 2025-12-15T14:19Z 13.2K followers, 10.7K engagements
"The story begins in [----] when Sadolin Paints East Africa Limited was established in Kenya as a subsidiary of Sadolin and Holmblad of Denmark. In [----] Akzo Nobel N.V acquired Sadolin and Holmblad and by extension Sadolin East Africa Limited became its subsidiary. 2/"
X Link 2025-12-15T14:19Z 13.2K followers, [---] engagements
"In [----] Akzo Nobel N.V sold Sadolin East Africa Limited to a group of local investors. Akzo Nobel signed an agreement with the new local owners of Sadolin Paints (EA) Limited to use the Sadolin trademark and provide it with product and technical support. 3/"
X Link 2025-12-15T14:19Z 13.2K followers, [---] engagements
"The franchise deal was extended in [----] and allowed Sadolin East Africa Limited to use the Sadolin trade mark and product technology and in return pay franchise fees of 1%. 5/"
X Link 2025-12-15T14:19Z 13.2K followers, [---] engagements
"The fee was raised in [----] to 2% for the period between January [----] and December [----]. Fresh negotiations in [----] to extend the deal beyond [----] hit a stand off when Akzo Nobel N.V disclosed it intended to raise the fee to 5%. 6/"
X Link 2025-12-15T14:19Z 13.2K followers, [---] engagements
"This standoff forced Sadolin E.A owners to seek new partners which much later in [----] led to the acquisition of Sadolin E.A. It was not clear whether Akzo Nobel N.V had learnt of these plans. 7/"
X Link 2025-12-15T14:19Z 13.2K followers, [---] engagements
"In February [----] Akzo Nobel N.V sent a termination notice notifying Sadolin East Africa Limited that their licence agreement would come to an end in February [----] instead of the initial December [----]. 9/"
X Link 2025-12-15T14:19Z 13.2K followers, [---] engagements
""Akzo Nobel intent on frustrating Sadolin Paints East Africa Limited has notwithstanding the termination notice proceeded to incorporate another company christened Akzo Nobel Kenya and is in the process of issuing it. 10/"
X Link 2025-12-15T14:19Z 13.2K followers, [---] engagements
"In August [----] Kansai Paints a leading paints manufacturer in the Asian region completed the acquisition of Sadolin Paints East Africa for Sh10 billion $100m. 12/"
X Link 2025-12-15T14:19Z 13.7K followers, [---] engagements
"In September [----] Akzo Nobel N.V terminated the licence agreement with Kansai Paint which had just acquired Sadolin Paints E.A. Akzo Nobel terminated the agreement citing Kansai Paints' actions to rename the Sadolin brand to Plascon. 13/"
X Link 2025-12-15T14:19Z 13.7K followers, [---] engagements
"Kansai Paints was obligated to continue producing and selling the Sadolin brand till end of January [----] but chose to rebrand and in some cases overlabelled the Sadolin brand with Plascon. 14/"
X Link 2025-12-15T14:19Z 13.2K followers, [---] engagements
"In October [----] Akzo Nobel N.V appointed Regal Paints Uganda a subsidiary of Crown Paints to continue manufacturing and selling Sadolin Paints in Uganda where it led market share with over 50%. Crown Paints charges a tolling fee of 9% of raw materials and overheads. 15/"
X Link 2025-12-15T14:19Z 13.2K followers, [---] engagements
"You see when Akzo Nobel N.V appointed Regal Paints Uganda to use its trademarks to manufacture and sell Sadolin Paints the company failed to notify Comesa Competition Commission saying the deal was not a merger. 16/"
X Link 2025-12-15T14:19Z 13.2K followers, [---] engagements
"In [----] Akzo Nobel N.V attempted to acquire Kansai Paints' business in Africa. However Comesa Competition Commission partially blocked the acquisition becoming the first merger to be blocked since the commission became operational in 2013"
X Link 2025-12-15T14:19Z 13.2K followers, [---] engagements
"In November [----] Akzo Nobel made the decision not to proceed with the acquisition of Kansai Paints' business in Africa recording a loss of Sh5.4 billion related to hedging activities around the acquisition"
X Link 2025-12-15T14:19Z 13.2K followers, [---] engagements
"EABL holds 90% market share in Kenya and trails Nile Breweries and Tanzania Breweries both part of Anheuser-Busch InBev in Uganda and Tanzania with 40% and 30% market share respectively. Anheuser-Busch InBev is the largest brewer in the world"
X Link 2025-12-30T14:43Z 13.3K followers, [----] engagements
"KOfisi has reported a loss of Sh417 million for the year ended December [--] 2024: Revenue:+24.5% to Sh1.33B Net loss: Sh417m Full financial reports shared below"
X Link 2026-01-05T15:05Z 13.2K followers, 37.2K engagements
"We have gone through the 149-page Kenya Pipeline IPO prospectus. Here is a summary of what you need to know about the Kenya Pipeline IPO. 1/24"
X Link 2026-01-19T15:16Z 13.2K followers, 63.3K engagements
"The gov't is offering around 11.8B shares of the 18.2B issued shares (representing 65% of Kenya Pipeline ownership) at Sh9 per share. Some numbers shared from the most recent FY: Earnings per share: Sh0.41 Dividend per share: Sh0.35 2/"
X Link 2026-01-19T15:17Z 13.2K followers, 10.9K engagements
"Kenya Pipeline is facing a case with a potential liability of around Sh2.6B. The company lost the case at the High Court and appealed at Court of Appeal. As we have seen previously with Stanchart the outcome of such cases can materially affect the share price in future. 17/"
X Link 2026-01-19T15:17Z 13.2K followers, [----] engagements
"Now on to Kenya pipeline numbers: Let's start with the latest. The company reported a net profit of Sh3.62B for the first quarter ended September [--] [----]. Revenue: +9.6% to 10.4B Net profit: +15.9% to 3.62B 18/"
X Link 2026-01-19T15:17Z 13.2K followers, [----] engagements
"Statement of cash flows:"
X Link 2026-01-19T15:18Z 13.2K followers, [----] engagements
"Income statement projections for the next five years:"
X Link 2026-01-19T15:18Z 13.2K followers, [----] engagements
"NedBank intends to acquire 66% of NCBA from shareholders by way of a tender offer. The planned acquisition values NCBA at a multiple of [---] times its book value. Let's break down the details of this transaction. 1/7"
X Link 2026-01-21T18:59Z 13.2K followers, [----] engagements
"Nedbank intends to retain NCBA listing at the NSE and has applied to CMA to be exempted from making a takeover offer. However If they don't obtain the exemption by [--] May [----] the offer will change to 100% acquisition of NCBA. 5/7"
X Link 2026-01-21T19:00Z 13.2K followers, [---] engagements
"The offer is on pro-rata basis meaning Nedbank will buy 66% of the shares held by each participating shareholder. If shareholders sell more than 66% of the total company shares Nedbank will use pro-rata to calculate how many shares each person can actually sell. 6/7"
X Link 2026-01-21T19:00Z 13.2K followers, [---] engagements
"Only Stanchart Kenya and Absa Bank Kenya trade at a higher price to book multiple than the 1.4x to be paid for NCBA"
X Link 2026-01-23T03:47Z 13.2K followers, 12.5K engagements
"Flamingo Horticulture one of Kenya's largest flower exporters broke ground to expand its Naivasha site following the release of part of its VAT refund. The company is planning to invest Sh1.8bn in the next [--] years. Flamingo Horticulture generated revenues of Sh18bn in 2024"
X Link 2026-01-26T02:54Z 13.3K followers, [----] engagements
"The value of bonds traded grew 75.5% to Sh2.7T while the value of equities traded grew 36.8% to Sh145B in 2025"
X Link 2026-01-27T03:21Z 13.3K followers, [---] engagements
"Zaribee Kenya a mobility finance company operating in Kenya providing rent-to-own motorcycle solutions has been acquired by Japanese firm WASSHA Group for undisclosed amount. Zaribee reported 300% revenue growth in 2024"
X Link 2026-01-28T03:34Z 13.2K followers, [----] engagements
"The Government plans to develop a Unified Analytics and Predictive Transport System to integrate and consolidate transport data from multiple agencies"
X Link 2026-01-28T03:52Z 13.2K followers, [---] engagements
"Diageo is in the process of selling its 65% stake in EABL to Asahi for $23B(about Sh300B) net after tax and transaction costs. Completion is expected in the second half of [----] subject to regulatory approvals. 2/11"
X Link 2026-01-28T15:13Z 13.3K followers, [---] engagements
"Upon announcement of the transaction EABL share price rallied sharply with investors seeing a Sh13B gain. 4/11"
X Link 2026-01-28T15:13Z 13.2K followers, [---] engagements
"The Asahi-Diageo deal ranks sixth among the largest M&A deals involving African assets since [----] and is the biggest ever in East Africa. [--]. MSC // Bollore Africa Logistics - $6.4B (2022) [--]. Coca-Cola HBC // Gutsche Family & Coca-Cola-CCBA - $2.6B (2025) . 5/11"
X Link 2026-01-28T15:13Z 13.2K followers, [---] engagements
"Asahi operates across Japan Europe Oceania and SE Asia. CEO Katsuki says East Africa will be scaled to match Oceania and Europe which generated Sh596B and Sh651B respectively in [----]. For context EABL generated Sh124B in the same year. 10/11"
X Link 2026-01-28T15:13Z 13.3K followers, [---] engagements
"Interesting facts about Asahi: They are a global sports patron sponsoring Manchester City FC Ferrari in Formula [--] and the Rugby World Cup. They are committed to 100% sustainable sourcing and achieving carbon neutrality in its breweries by [----]. 11/11"
X Link 2026-01-28T15:13Z 13.3K followers, [---] engagements
"Yesterday we attended a session where public finance stakeholders discussed matters public debt. The session was attended by senior government officials and public finance specialists from several institutions. Here are some key takeaways from the session: 1/8"
X Link 2026-01-29T17:54Z 13.2K followers, [----] engagements
"KBA CEO urged Treasury to lower PAYE levied on salaried Kenyans to boost demand in the economy to improve revenue and debt servicing. He confirmed that as KBA they have already made submissions to Treasury to revise PAYE downwards this year. 2/8"
X Link 2026-01-29T17:54Z 13.2K followers, [---] engagements
"Last week Institute of Public Finance during the launch of their Macro-Fiscal Analysis Snapshot report also called for the government to introduce 15% and 20% PAYE tax bands to reduce taxes levied on Kenyans and boost their disposal incomes. 3/8"
X Link 2026-01-29T17:54Z 13.2K followers, [---] engagements
"KBA CEO Raimond Molenje also went into the details of how banking customers having direct access to T-Bills and T-Bonds has affected their cost of deposits and how that has made interest rates less responsive even as MPC adjusts the base rate downwards: 4/8"
X Link 2026-01-29T17:54Z 13.2K followers, [---] engagements
"Nairobi Hospital generated revenue of Sh12.86bn for the year ended [--] December [----]. The hospital reported a deficit(loss) of Sh2.2B. Income: +5.3% to Sh12.2B Deficit(Loss): Sh2.2B 1/6"
X Link 2026-01-30T14:57Z 13.2K followers, [----] engagements
"Uber officially ended its services in Tanzania as of January [--] [----] after nearly a decade of operations"
X Link 2026-02-02T04:24Z 13.3K followers, 95.5K engagements
"Income statement:"
X Link 2026-02-02T16:15Z 13.3K followers, [---] engagements
"Sasini's top [--] shareholders as of 30th September 2025:"
X Link 2026-02-04T03:58Z 13.3K followers, [----] engagements
"Safaricom has announced interim dividend of Sh0.85 per share up 54% from the Sh0.55 it paid last year. Book closure: 25th Feb [----] Payment date: 31st March [----] We attempted to reverse engineer the expected dividends in that Gov't and Vodacom Safaricom dividend deal based on numbers disclosed to the analysts. There are so many possible combinations. We ran into [--] interesting scenarios that came close to those numbers: https://t.co/Z3VL5GAlt8 We attempted to reverse engineer the expected dividends in that Gov't and Vodacom Safaricom dividend deal based on numbers disclosed to the analysts."
X Link 2026-02-05T03:44Z 13.3K followers, [----] engagements
"Centum acquired an additional 47.5% stake in Akiira Geothermal increasing its stake in the company to 85%. Centum acquired 37.5% from DI Frontier Market & Carbon Fund for Sh193.9m and another 10% stake from Ram Energy for Sh38.8m. The two deals resulted in gains of Sh896.5m"
X Link 2025-09-08T14:08Z 14K followers, [----] engagements
"Cold Solutions Kiambu (SEZ) Limited a company that provides temperature-controlled warehouse and logistics services in Kenya has secured Sh2.47bn funding from Mirova"
X Link 2026-01-28T04:06Z 14K followers, [----] engagements
"Watu grew its gross revenues from Sh17.9bn in [----] to Sh29.9bn in [----]. Growth was driven by smartphone financing and the consolidation of reporting across all Watu markets (2023 reflected East Africa only) The company is targeting a revenue of Sh44bn this year. 1/7"
X Link 2025-09-22T09:48Z 14K followers, 39.7K engagements
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