Tanzania's Taifa Gas is nearing the launch of its Sh16 billion LPG terminal in Mombasa, poised to become East Africa's largest and significantly alter the region's cooking gas market.

• The terminal boasts an initial capacity of 30,000 metric tonnes, expandable to 45,000 tonnes.
• Key players include Taifa Gas Group and regulatory bodies like the Energy and Petroleum Regulatory Authority (EPRA).
• This strategic investment aims to establish Mombasa as a leading LPG logistics hub, breaking the dominance of existing importers.

Safaricom shareholders have approved a record-breaking dividend of Sh80.13 billion for the financial year ended March 2026. This follows a period of strong financial performance and anticipation of profitability from its Ethiopian operations.

• The approved dividend is the largest in the company's history, representing Sh2.00 per share in total for the year.
• The decision was made at the 18th Annual General Meeting, with key figures including Safaricom Group Chief Executive Officer Peter Ndegwa and Board Chairman Adil Khawaja.
• Shareholders also approved a change in ownership, with Vodacom Group now holding 55% of Safaricom.

Centum Investment Company has announced a total dividend payout of Sh521 million for the financial year ending March 2026, boosted by a significant special distribution from recent investment exits.

• The total dividend comprises an ordinary payout of Sh281 million (Sh0.42 per share) and a special distribution of Sh240 million (Sh0.36 per share).
• This proposed dividend is 2.5 times higher than the previous year's payout, subject to approval at the upcoming annual general meeting.
• The special dividend reflects successful value realization through strategic transactions and investment exits, including the recent sale of its remaining stake in Sidian Bank and a 60% stake in Nabo Capital.