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.

• Gross profit reached Sh7.7 billion.
• The key organization involved is BAT Kenya.
• A significant challenge mentioned is the 45 percent prevalence of illicit cigarettes in the domestic market, costing the government an estimated Sh12 billion annually.

Walmart has agreed to pay $100 million to settle claims that it misled gig workers using its Spark Driver app about their pay and tips.

• $100 million settlement amount.
• Walmart, Federal Trade Commission (FTC), and 11 states are the key organizations involved.
• Drivers will receive $79 million in payouts, with Walmart also paying $10 million to the FTC and $11 million to the states.

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.

• The company is attributing these redundancies to the transformative impact of artificial intelligence (AI) on how businesses operate.
• Other major tech firms like Meta, Microsoft, and Amazon are also reducing staff and increasing AI investments.
• Block, which owns Square, CashApp, and Tidal, expects up to $500m in restructuring costs.