Business & Economy3 stories from 2 sources
Safaricom Invests Sh153bn in Local Suppliers as Kenya Power Profits Decline - October 2025
Safaricom has invested Sh153 billion in local suppliers during the financial year ending March 2025, highlighting its commitment to sustainable sourcing. In contrast, Kenya Power reported a significant decline in its net profit for the year ended June 2025, falling by Sh5.6 billion to Sh24.5 billion. This 18.7% dip in net profit is attributed to the absence of significant one-off forex gains seen in the previous year and lower electricity revenue. Despite this decline, the company's profit remains substantially higher than pre-2024 levels. Notably, Kenya Power's Shareholders' Equity crossed the KSh 100 billion mark for the first time.
CCapital BusinessFirstTThe Kenyan Wall Street
News Coverage
Tuesday 12:30 PMCapital BusinessFirst
Kenya Power net profit drops by Sh5.6bn to Sh24.5bn
Tuesday 12:47 PMThe Kenyan Wall Street
Kenya Power’s Profit Dips 18%, Equity Crosses KSh 100Bn
Advertisement
More from Tuesday, October 7, 2025



Business & Economy3 stories
BYD Reports Sales Surge in UK and Kenya as Aston Martin Warns of Losses - October 2025
C




Breaking News & Top Stories4 stories
CBK Cuts Lending Rates; Government Launches NYOTA Youth Grants and Job Vacancies - October 2025
K
C



Entertainment & Culture3 stories
Gengetone Artist Shalkido Dies After Road Accident - October 2025
G


