Mumias Sugar continued to run up losses booking a net loss of Sh1.58 billion in the six months to December up from Sh1.4 billion during a similar period in 2014 even as it sought a Sh2 billion government bailout.

Oil marketer KenolKobil has sold its subsidiaries in Tanzania and the Democratic Republic of Congo, marking an exit from the two countries.

Listed cement maker East African Portland Cement has issued a profit warning after it sank deeper into loss owing to higher financing costs and forex losses.

Mortgage Financier Housing Finance Group announced Thursday its profit after tax rose 23 per cent to Sh1.2 billion for the year ended December 31, 2015 compared to Sh975 million during a similar period in 2014.