The Online Kenyan Logo

The Online Kenyan

HomeTop StoriesLive TVVideosPoliticsBusinessSportsTechEntertainment
HomeTop StoriesLive TVVideos
PoliticsBusinessSportsTechEntertainment

Footer

The Online Kenyan Logo

The Online Kenyan

News & Breaking Headlines

news@theonlinekenyan.com
+254 758 277 017

Follow Us

Explore

DailiesWeekliesTopicsVideosHow to file KRA tax returns

Legal

  • Privacy Policy
  • Terms of Use
  • AI Content Policy

© 2026 The OK Company. All rights reserved.

Made within Kenya
HomeDaily NewsWednesday, August 19, 2026Equity Group H1 profit after tax rises 32pc to Sh45.5bn - August 2026
Business & Economy3 stories from 1 sources

Equity Group H1 profit after tax rises 32pc to Sh45.5bn - August 2026

Equity Group announced a significant increase in its financial performance, with its profit after tax for the first half of 2026 soaring by 32 percent. This follows similar strong results from Sidian Bank, which reported a 28.9 percent rise in half-year net profit to Sh1.21 billion, driven by strong performance in its lending and investment portfolios. Meanwhile, private debt is emerging as a vital alternative financing source for Kenyan micro, small, and medium enterprises, offering flexible solutions amid challenges with traditional credit access.

Listen to this coverage2 min

Read aloud by your device

CCapital BusinessFirst

News Coverage

Wednesday 10:02 AMCapital Business

Equity Group H1 profit after tax rises 32pc to Sh45.5bn

Equity Group H1 profit after tax rises 32pc to Sh45.5bn

Equity Group announced a significant increase in its financial performance, with its profit after tax for the first half of 2026 soaring by 32 percent.

Read Story

Key Highlights

Equity Group announced a significant increase in its financial performance, with its profit after tax for the first half of 2026 soaring by 32 percent.

  • Profit after tax reached Sh45.5 billion, up from Sh34.6 billion in the same period last year.
  • The strong results were driven by a 17 percent rise in net interest income and a 36 percent increase in non-funded income, which now accounts for 44.5 percent of total income.
  • Dr. James Mwangi, Group Managing Director and CEO, attributed the performance to resilient economic growth across the regions where Equity Group operates, highlighting strong contributions from subsidiaries in Tanzania and the Democratic Republic of Congo.
Wednesday 8:20 AMCapital BusinessFirst

Private debt emerges as alternative financing for Kenyan MSMEs

Private debt emerges as alternative financing for Kenyan MSMEs

Private debt is emerging as a vital alternative financing source for Kenyan micro, small, and medium enterprises (MSMEs), offering flexible solutions amid challenges with traditional credit access.

Read Story

Key Highlights

Private debt is emerging as a vital alternative financing source for Kenyan micro, small, and medium enterprises (MSMEs), offering flexible solutions amid challenges with traditional credit access.

  • The estimated MSME financing gap in Kenya stands at approximately Sh4 trillion.
  • Teddy Yanga, Senior Investment Manager at Lofty-Corban Investments Limited, highlights private debt's benefits.
  • Private debt provides capital based on a business's cash flows and growth potential, not just collateral.
Wednesday 2:48 PMCapital Business

Sidian Bank half-year net profit rises 28.9pc to Sh1.21bn

Sidian Bank half-year net profit rises 28.9pc to Sh1.21bn

Sidian Bank has announced a significant increase in its half-year net profit, driven by strong performance in its lending and investment portfolios.

Read Story

Key Highlights

Sidian Bank has announced a significant increase in its half-year net profit, driven by strong performance in its lending and investment portfolios.

  • The bank's net profit surged by 28.9 percent to Sh1.21 billion in the first half of 2026.
  • The key driver for this growth was a 123.1 percent increase in net interest income, reaching Sh3.64 billion.
  • Sidian Bank also saw its loans and advances grow by 23.1 percent to Sh33.14 billion, while customer deposits rose by 22.5 percent to Sh73.45 billion.
Advertisement

More from Wednesday, August 19, 2026

Champions Moi Girls and Musingu Through to Handball Semi-Finals - August 2026
Sports News & Updates3 stories

Champions Moi Girls and Musingu Through to Handball Semi-Finals - August 2026

S
Standard Sports
Government to Import 25 Million Bags of Maize Due to Crop Failure - August 2026
Video News3 stories

Government to Import 25 Million Bags of Maize Due to Crop Failure - August 2026

N
K
NTV Kenya (Youtube), KTN News (Youtube)
Government to Import 25 Million Bags of Maize Due to Massive Crop Failure - August 2026
Breaking News & Top Stories5 stories

Government to Import 25 Million Bags of Maize Due to Massive Crop Failure - August 2026

T
K
The Standard, Kenyans +2
Advertisement

More Stories

Champions Moi Girls and Musingu Through to Handball Semi-Finals - August 2026
Sports News & Updates3 stories

Champions Moi Girls and Musingu Through to Handball Semi-Finals - August 2026

S
Standard Sports
Government to Import 25 Million Bags of Maize Due to Crop Failure - August 2026
Video News3 stories

Government to Import 25 Million Bags of Maize Due to Crop Failure - August 2026

N
K
NTV Kenya (Youtube), KTN News (Youtube)
Government to Import 25 Million Bags of Maize Due to Massive Crop Failure - August 2026
Breaking News & Top Stories5 stories

Government to Import 25 Million Bags of Maize Due to Massive Crop Failure - August 2026

T
K
The Standard, Kenyans +2
Advertisement