Shares of Car & General (Kenya) Plc surged to KSh 55, their highest since April 2022, after the motor-dealer announced its first-ever interim dividend and a 920% increase in half-year profit. This sent the stock up 122% in just six weeks.

• Car & General’s profit after tax soared to KSh 637 million for the six months ended June 2025, a 920% rise from KSh 62 million a year earlier.
• The company declared an interim dividend of KSh 0.30 per share, payable on September 15, with book closure on September 2, marking its first interim payout in at least 22 years.
• The stock's rally is attributed to improved earnings, renewed dividends, and exposure to the electric mobility market through its associate company, Watu Credit, which reported a 272% profit increase.

Safaricom has significantly expanded its 5G network coverage, more than doubling its sites to 1,700 in the financial year 2025, marking a 111.7 percent increase from the previous year.

• The 5G network now covers 30 percent of Kenya's population through the activation of 900 new sites.
• Safaricom's 2025 Sustainable Business Report highlighted this rapid expansion as a strategic focus on next-generation connectivity driven by rising demand for ultra-fast internet.
• The company also achieved near-universal coverage for its legacy networks, with over 97 percent of the population covered by 2G, 3G, and 4G services.

The Competition Authority of Kenya has approved GenAfrica-backed Batian Property Fund's acquisition of Riverside Towers Limited, which owns The Cube commercial property in Westlands, Nairobi. This deal strengthens Batian's position in Nairobi's real estate market.

• The combined entity will control about 8% of Nairobi's office rental market.
• Batian Property Fund, managed by Batian Income Properties LLP, aims for a KSh 10 billion fund size.
• The acquisition, approved on October 9, 2025, aligns with Batian's goal to expand its Nairobi real estate portfolio.