Tag Archives: financial markets

CIC Insurance Profit Rises 70% on Strong Investment Returns

CIC Insurance Group recorded a 70.3 percent rise in profit after tax to Sh1.09 billion for the six months to June, driven largely by stronger investment income and continued expansion of its insurance operations. Profit before tax increased by 30.2 percent to Sh1.56 billion, while insurance revenue climbed 17.8 percent …

Read More »

What Is NSE and What Does It Mean for a Company to Be Listed?

The Nairobi Securities Exchange (NSE) is Kenya’s primary stock market where investors buy and sell shares of publicly traded companies. It serves as a marketplace that connects companies seeking investment capital with individuals and institutions looking to invest their money. Established in 1954, the NSE has grown into one of …

Read More »

Safaricom’s Ziidi MMF Records Sh784.2 Million Profit

Safaricom’s Ziidi Money Market Fund (MMF) has posted a net profit of Sh784.2 million for the 14-month period ending December 31, 2025, supported by increased investor participation. Financial statements show the fund earned nearly Sh1 billion in income from a total of Sh14.7 billion invested by users, reflecting strong demand …

Read More »