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Kalahari, incorporated in Kenya under number PVT-PQ158DVM, is largely owned by international shareholders. Pacific Cement Limited holds 90 percent of the company, while Comercio Et Consiel Limited owns 10 percent. The firm is linked to multiple businesses in cement, logistics, and fuel across Kenya, Tanzania, Mozambique, Mauritius, and Zambia.
With over 75,000 organisations on board, the suite moves from isolated apps to unified collaboration, enhancing security, boosting contextual intelligence, and streamlining workflows across its integrated applications.
According to December 2024 disclosures, 12 of the 39 banks were still below the threshold. Regulators have mapped a steep capital progression, rising to Sh5 billion in 2026 and eventually Sh1billion by 2029.
A group of seven judges drawn from five global regions assessed entries from institutions across the continent. Among them was US-based human rights lawyer and scholar Prof. Gloria J. Browne-Marshall. The panel praised Equity for meeting Occupational Safety and Health rules, supporting staff welfare and maintaining clear systems for tracking safety compliance in its operations.
According to the Public Finance Management Act 2012, government borrowing should be focused on development, while short-term loans like overdrafts are meant to manage cash flows. As of September, Kenya’s public debt stood at Sh12.05 trillion, with domestic borrowing accounting for more than half of the total.
The initial tranche is set at Sh15 billion, with a Sh5 billion greenshoe option to meet additional investor demand, the firm announced Tuesday.
Despite the overall strong performance, loan loss provisions rose sharply from Sh587.5 million in September 2024 to Sh1.361 billion in September 2025, a 131.6 percent increase, reflecting a cautious approach to credit risk. Total operating expenses increased 33 percent to Sh10.24 billion from Sh7.703 billion, partly due to higher loan impairment charges and heightened business activity.
The lender, on Monday, emphasized that while SOEs often receive state support for valid reasons, spillovers into commercial operations can undermine productivity and the private sector.
The company confirmed on Monday that age checks have already started, coming just weeks before Australia’s December 10 deadline that will require platforms to shut out all users under 16.
Speaking during a Statehouse meeting with President William Ruto, he highlighted that the partnership would extend beyond traditional sectors such as agriculture to areas critical for future economies, including digital technology, artificial intelligence, semiconductors, and energy transition.
The new system, known as Optical Character Recognition, uses scanning instead of manual entry. With this method, meter readers only need to scan a meter display, allowing the system to automatically process the reading with high accuracy. The Company says this shift is expected to make the monthly billing cycle faster and more reliable.
While interest income strengthened, non-interest income went down. The figures show that non-interest revenue fell by 30.7 percent, dropping from Sh2.34 billion to Sh1.62 billion. Even with this fall, total operating income still increased by 24.2 percent to Sh8.59 billion, supported mainly by the strong performance of interest-driven business.