Electricity distributor Kenya Power plans to invest Sh258 million in buying electric vehicles and setting up related infrastructure over the next three years to boost the uptake of e-mobility.

Listed banks accounted for nearly half of all dividends paid out by Nairobi Securities Exchange (NSE) firms, an analysis of data from the bourse shows.

Sameer Africa's net profit for the year ended December 2023 declined by 53.7 percent to Sh46.3 million, weighed down by the weakening of the shilling against the dollar.

Foreign investors extended their exit from the Nairobi Securities Exchange (NSE) into the quarter to March this year, new market data shows, despite a gradual improvement in the performance of local equities.