Car & General (Kenya) PLC more than quadrupled its bottom line in the first half of 2026, as strong vehicle and equipment sales across East Africa combined with a surge in earnings from its fintech associate Watu to deliver the company’s strongest six month performance in years. The Nairobi Securities Exchange listed firm reported profit after tax of KES 2.60 billion for the six months ended 30 June 2026, up 308.8% from KES 637.1 million in the same period last year. Turnover climbed 30% to KES 15.6 billion, driven by sales growth of 40% in Kenya, 35% in Uganda and…
Author: Lorine Otamo
Kenya has thrown its hat into the ring to host the 2029 World Athletics Championships, chasing a title no African nation has ever held: home to track and field’s biggest event. Nairobi now competes against London, Rome and Munich for the right to stage the championships. World Athletics plans to announce the winner in September, after the Ultimate Championships wraps up in Budapest. Government Throws Full Weight Behind the Bid Athletics Kenya calls its submission “robust,” and says it carries the backing of the national government from top to bottom. In a statement, the federation said the case for bringing…
CANAL+ has secured exclusive broadcast rights to every UEFA men’s club competition across more than 40 countries in sub-Saharan Africa, locking in coverage of Europe’s biggest football matches for four seasons through 2031. The agreement, announced this week, covers the UEFA Champions League, Europa League and Conference League, along with the Youth League and the Super Cup. Coverage begins in mid-2027 and runs through the 2030/31 season, spanning English, French and Portuguese speaking markets across the region. How the rights split by region In English and Portuguese speaking Africa, SuperSport keeps its position as the exclusive broadcaster of UEFA men’s…
Maurice Otieno stepped down as Executive Director of Baraza Media Lab this week. Eric Kinaga takes over the role. Otieno announced the move on LinkedIn, quoting a Swahili proverb: “Chenye mwanzo kina mwisho,” meaning that which has a beginning has an end. He joined Baraza’s founding team in 2019 and held the Executive Director title from April 2020. Otieno’s Record At Baraza His farewell post states Baraza raised $20 million in philanthropic funding and grew reach from 1,500 to 12,000 people over six years. His LinkedIn experience section states the lab raised $15 million over five years across more than…
Kenya’s corporate governance circle added two familiar names to its ranks this week. Catherine Musakali joined the board of Kenya Airways as an Independent Non Executive Director, while Mary Wangari Wamae stepped onto the board of Centum Investment Company Plc in the same capacity. Both appointments extend careers built on decades of legal and strategic work inside some of the country’s most consequential institutions. Catherine Musakali brings governance expertise to Kenya Airways Musakali is no stranger to the airline. She previously served as its Company Secretary, a role that placed her at the center of the carrier’s legal and compliance…
Betty Wamaitha is leaving Quickmart. Her exit as Chief Marketing Officer takes effect on 5 August 2026, closing a chapter that began more than a decade ago and reshaped how one of Kenya’s largest supermarket chains talks to its customers. Wamaitha joined Quickmart when the retailer ran just three outlets. She grew with the business, and it grew around her. The chain expanded to more than sixty stores during her tenure, a run that helped cement Quickmart’s position as Kenya’s second largest retail chain. She built the marketing function largely from scratch, moving from an early consulting role into the…

