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HomeDaily NewsTuesday, August 25, 2026Kenya Airways Loss Widens to Sh16.1bn as Costs Rise - August 2026
Business & Economy4 stories from 2 sources

Kenya Airways Loss Widens to Sh16.1bn as Costs Rise - August 2026

Kenya Airways reported a widening net loss of Sh16.1 billion for the first half of 2026, a significant increase from the Sh12.2 billion loss in the same period last year. Similarly, TPS Eastern Africa, operator of Serena Hotels in East Africa, reported a widening net loss of Sh66.4 million for the first half of 2026 compared to a smaller loss in the prior year. In contrast, Softcare Kenya, a manufacturer of sanitary pads and diapers, saw its revenue from the Kenyan market surge by 17.4 percent to Sh7.2 billion in the first half of 2026, showing divergent performance in Kenya's corporate sector.

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Tuesday 4:28 PMCapital Business

Kenya Airways loss widens to Sh16.1bn as costs rise

Kenya Airways loss widens to Sh16.1bn as costs rise

Kenya Airways (KQ) has reported a widening net loss of Sh16.1 billion for the first half of 2026, a significant increase from the Sh12.2 billion loss recorded in the same period last year.

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Key Highlights

Kenya Airways (KQ) has reported a widening net loss of Sh16.1 billion for the first half of 2026, a significant increase from the Sh12.2 billion loss recorded in the same period last year.

  • The airline's net loss increased to Sh16.1 billion.
  • The main driver for the increased loss was a rise in operating costs, particularly fuel expenses, which climbed by 32 percent due to global oil price increases linked to the Iran conflict.
  • Operational challenges also contributed, including three Boeing 787 Dreamliners being grounded and other aircraft requiring maintenance.
Tuesday 1:33 PMCapital BusinessFirst

Sanitary pads, diaper maker Softcare Kenya revenue up 17.4pc to Sh7.2bn

Sanitary pads, diaper maker Softcare Kenya revenue up 17.4pc to Sh7.2bn

Softcare Kenya, a manufacturer of sanitary pads and diapers, saw its revenue from the Kenyan market surge by 17.4 percent to Sh7.2 billion in the first half of 2026.

Read Story

Key Highlights

Softcare Kenya, a manufacturer of sanitary pads and diapers, saw its revenue from the Kenyan market surge by 17.4 percent to Sh7.2 billion in the first half of 2026.

  • Revenue from Kenya reached $55.5 million (Sh7.2 billion), making it one of Softcare's largest individual African markets.
  • The growth is attributed to increased sales volumes and higher average selling prices, as reported by the Hong Kong-listed company.
  • East Africa as a region remained Softcare's largest market, contributing 45.5 percent of the group's total revenue.
Tuesday 2:35 PMCapital Business

Serena Hotels owner widens H1 loss to Sh66.4mn

Serena Hotels owner widens H1 loss to Sh66.4mn

TPS Eastern Africa, the operator of Serena Hotels in East Africa, has reported a widening net loss of Sh66.4 million for the first half of 2026, compared to a smaller loss in the same period last year.

Read Story

Key Highlights

TPS Eastern Africa, the operator of Serena Hotels in East Africa, has reported a widening net loss of Sh66.4 million for the first half of 2026, compared to a smaller loss in the same period last year.

  • The company's net loss increased to Sh66.4 million in the six months ending June 2026.
  • TPS Eastern Africa, operating Serena Hotels, cited non-operating costs, including reduced finance income and increased depreciation, as primary reasons for the weaker performance.
  • Geopolitical developments and public health measures, such as advisories related to the Ebola outbreak, impacted international travel and contributed to mixed business performance across source markets.
Tuesday 5:36 PMNation Business

Kenya Airways half-year loss widens to Sh16bn as costs balloon

Kenya Airways half-year loss widens to Sh16bn as costs balloon

Kenya Airways (KQ) has reported a significantly wider half-year net loss of Sh16.08 billion for the six months to June 2026, an increase from Sh12.15 billion in the previous year.

Read Story

Key Highlights

Kenya Airways (KQ) has reported a significantly wider half-year net loss of Sh16.08 billion for the six months to June 2026, an increase from Sh12.15 billion in the previous year.

  • Net loss widened to Sh16.08 billion.
  • The national carrier, Kenya Airways, experienced a sharp rise in operating costs, which increased by Sh11 billion to Sh91.9 billion.
  • Despite the losses, total turnover grew by 9 percent to Sh81.25 billion, bolstered by an 18 percent surge in cargo revenue.
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