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Listen "KCB, NCBA & StanChart Earnings in Focus, EABL Under Spotlight, and Kenya’s Sh47B Stadium Bond"
Episode Synopsis
In today’s episode of Kenyan Market Daily, we break down Kenya’s latest financial headlines and earnings updates. KCB Group posts a resilient Sh16.09 billion Q1 profit, while NCBA edges up 3.4% despite a shrinking balance sheet. StanChart isn’t as lucky, reporting a 13.5% dip on forex and loan slowdowns.We also examine Diageo’s massive asset sale plan and how it casts a shadow over EABL, its last major African investment. Plus, tea exporters Williamson and Kapchorua issue profit warnings, and the CMA approves Kenya’s first-ever Sh47 billion asset-backed bond to fund the Talanta Sports City complex.Follow us:Website: www.kenyamarketplacedaily.wordpress.comTikTok & Instagram: @kenyamarketdailyCourtesy: Business Daily & Company FilingsFollow us:Website: www.kenyamarketplacedaily.wordpress.comTikTok & Instagram: @kenyamarketdaily
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