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HomeDaily NewsFriday, December 5, 2025Kenyan Firms Announce Retail Expansion, Payment Awards, and Profit Growth - December 2025
Business & Economy3 stories from 1 sources

Kenyan Firms Announce Retail Expansion, Payment Awards, and Profit Growth - December 2025

KenGen, Kenya's primary power producer, significantly increased its dividend payout to KSh 0.90 per share following a 54 percent surge in profit after tax to KSh 10.48 billion. In the retail sector, China Village expanded its presence by launching its second hypermarket at Juja City Mall, targeting the country's growing middle class. In the financial technology space, Pesalink has launched its first-ever awards to recognize top-performing Kenyan banks in instant payments. The rankings are based on ten months of verified data from its Instant Payments Dashboard.

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Friday 9:08 PMCapital Business

Retailer China Village opens second branch at Juja City Mall

Retailer China Village opens second branch at Juja City Mall

China Village has launched its second hypermarket at Juja City Mall, expanding its presence in Kenya's retail sector. The new store offers a wide array of products, targeting the country's growing middle class, and officially opened during the festive season.

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Key Highlights

China Village has launched its second hypermarket at Juja City Mall, expanding its presence in Kenya's retail sector. The new store offers a wide array of products, targeting the country's growing middle class, and officially opened during the festive season.

  • China Village is offering a 20 percent discount on all products until January 1.
  • Henry Chen, the managing director of the new branch, stated plans for nationwide expansion to cities like Mombasa, Kisumu, Nakuru, and Eldoret.
  • The Juja outlet features modern virtual reality gaming services, aiming to integrate retail and entertainment to attract younger shoppers.
Thursday 10:35 PMCapital BusinessFirst

KenGen lifts dividend as profit climbs 54pc

KenGen lifts dividend as profit climbs 54pc

KenGen, Kenya's primary power producer, has significantly increased its dividend payout to KSh 0.90 per share following a remarkable 54 percent surge in profit after tax to KSh 10.48 billion for the year ended June 30. This financial growth was driven by lower operating costs and improved foreign exchange movements.

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Friday 11:26 AMCapital Business

Pesalink unveils first awards ranking top banks in instant payments

Pesalink unveils first awards ranking top banks in instant payments

Pesalink has launched its first-ever awards to recognize top-performing Kenyan banks in instant payments, setting new industry benchmarks for reliability, affordability, and growth. The rankings are based on ten months of verified data from Pesalink's Instant Payments Dashboard.

Read Story

Key Highlights

Pesalink has launched its first-ever awards to recognize top-performing Kenyan banks in instant payments, setting new industry benchmarks for reliability, affordability, and growth. The rankings are based on ten months of verified data from Pesalink's Instant Payments Dashboard.

  • Bank of Africa topped the transaction success rate, while Bank of Baroda led in service availability. Equity Bank claimed first place in weighted growth, and SBM Bank ranked first in simplicity and affordability.
  • Integrated Payment Services Limited (IPSL), operator of Pesalink, developed the data-driven awards to strengthen transparency and accountability in digital payments.
  • Pesalink processed Sh1.1 trillion in 2024 across 8.2 million transactions, connecting over 80 banks, fintechs, SACCOs, and mobile money providers.
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Key Highlights

KenGen, Kenya's primary power producer, has significantly increased its dividend payout to KSh 0.90 per share following a remarkable 54 percent surge in profit after tax to KSh 10.48 billion for the year ended June 30. This financial growth was driven by lower operating costs and improved foreign exchange movements.

  • KenGen's revenue reached KSh 56.1 billion, with income from diversified activities, including geothermal consultancy work, jumping by 235 percent.
  • Chairman Alfred Agoi highlighted that the increased dividend reflects the utility’s stronger financial footing and commitment to delivering shareholder value.
  • The company, which supplies about 60 percent of Kenya's electricity, generated 8,482GWh and is progressing its G2G 2034 strategy to add 1,500MW of new renewable generation.