Kenya's Cooperative Bank plans to expand its operations into Uganda, Rwanda, Tanzania and Ethiopia by the end of 2016, officials said on Wednesday.

Oil marketer KenolKobil nearly doubled its net profit for the year ended December 31, helped by lower costs that boosted its margins despite lower sales.

Telecommunications giant Safaricom touched a new all-time high of Sh16.10 in intra-day trading on a volume of 6.6 million shares on the Nairobi Securities Exchange (NSE).

The Nairobi Securities Exchange (NSE) has joined the United Nations Sustainable Stock Exchanges (SSE) which was launched by United Nations Secretary-General Ban Ki-moon in 2009, becoming the eighteenth member of the SSE worldwide and the fourth in Africa alongside the Egyptian Exchange, the Nigerian Stock Exchange and the Johannesburg Stock Exchange.