Absa Bank Kenya has announced a significant increase in its interim dividend payout by 150 percent to Sh0.5 per share, despite reporting a 10 percent decline in net profit for the first half of the year.

• Shareholders will receive Sh0.5 per share, up from Sh0.2 per share in the previous year.
• The dividend announcement comes from Absa Bank Kenya.
• Net profit for the period fell to Sh10.5 billion from Sh11.7 billion, though the bank cited disciplined investment and prudent risk management for its performance.

Directline Assurance Company Limited is facing a liquidation petition at the High Court in Garissa, filed by three creditors. The matter is scheduled for a hearing on October 1, 2026.

• The petition was presented to the court on July 27, 2026, by Yusra Ahmed Abubakar and two minors represented by her.
• The notice invites any creditors or contributories to appear and support or oppose the liquidation application.
• Details regarding the specific amounts owed or the grounds for the petition have not yet been disclosed.

Family Bank has reported a significant 62 percent increase in its half-year profit after tax, reaching Sh3.7 billion for the period ending June 30, 2026.

• The bank's profit after tax soared to Sh3.7 billion, up from Sh2.2 billion in the same period last year.
• This impressive growth was driven by a 41 percent increase in net interest income to Sh9.7 billion, as reported by Family Bank CEO Nancy Njau.
• The financial results follow Family Bank's recent listing on the Nairobi Securities Exchange (NSE) on June 23, 2026, which marked the largest private-sector debut in over 17 years.

The Dock Workers Union is actively engaging with the Kenya Ports Authority (KPA) to address critical issues affecting its members, including promotions and housing solutions.

• The union is pushing for promotions and better housing solutions.
• Key organizations involved are the Dock Workers Union and the Kenya Ports Authority (KPA).
• This engagement highlights ongoing efforts to improve working conditions for dock workers.

A new trade financing plan has been launched in Kenya to alleviate the burden of container deposits for shippers and improve their cash flow.

• The plan aims to reduce the financial strain on Kenyan businesses involved in international trade.
• Key stakeholders include the Kenyan government and various financial institutions involved in trade facilitation.
• This initiative is expected to streamline the import/export process and boost overall trade efficiency in the country.