Business & Economy3 stories from 1 sources
BAT Kenya has declared a total dividend of Sh70 per share, following an 18 percent rise in gross profit for the year ending December 31, 2025, though the company experienced a decline in net revenue. This corporate financial story is joined by two other major corporate developments: Walmart agreed to pay $100 million to settle claims that it misled gig workers using its Spark Driver app about their pay and tips, and Twitter co-founder Jack Dorsey's company Block is implementing significant layoffs, cutting its workforce by nearly half from 10,000 to less than 6,000 employees as it embraces AI. While these stories involve different corporate actions, they all represent significant business decisions announced in late February 2026.
BAT Kenya has declared a total dividend of Sh70 per share, following an 18 percent rise in gross profit for the year ending December 31, 2025. Despite this positive financial performance, the company experienced a decline in net revenue.
Summary & Analysis
