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	<title>financial news Stories - newskenya</title>
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		<title>Warren Buffett&#8217;s Strategic Moves Amid Market Volatility</title>
		<link>https://news-kenya.co.ke/warren-buffett/</link>
		
		<dc:creator><![CDATA[roomnews]]></dc:creator>
		<pubDate>Sun, 12 Apr 2026 12:02:25 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Finance]]></category>
		<category><![CDATA[American Express]]></category>
		<category><![CDATA[Berkshire Hathaway]]></category>
		<category><![CDATA[financial news]]></category>
		<category><![CDATA[Greg Abel]]></category>
		<category><![CDATA[Investing]]></category>
		<category><![CDATA[Market Volatility]]></category>
		<category><![CDATA[S&P 500]]></category>
		<category><![CDATA[Treasury Bills]]></category>
		<category><![CDATA[Warren Buffett]]></category>
		<guid isPermaLink="false">https://news-kenya.co.ke/warren-buffett/</guid>

					<description><![CDATA[<p>Warren Buffett continues to shape the investment landscape, recently purchasing $17 billion in Treasury bills and transitioning leadership at Berkshire Hathaway.</p>
<p>The post <a href="https://news-kenya.co.ke/warren-buffett/">Warren Buffett&#8217;s Strategic Moves Amid Market Volatility</a> appeared first on <a href="https://news-kenya.co.ke">newskenya</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>As the financial landscape faced significant turbulence in early 2026, Warren Buffett, the renowned investor and CEO of Berkshire Hathaway, made headlines with a substantial purchase of $17 billion in U.S. Treasury bills. This move comes at a time when the Nasdaq experienced a 7% decline, the S&#038;P 500 dropped nearly 5%, and the Dow shed 4%, marking the worst quarterly performance since 2022. The backdrop of these market fluctuations was influenced by geopolitical tensions, particularly the U.S. and Israel’s war in Iran, which had a pronounced impact on investor sentiment.</p>
<p>At the end of 2025, Berkshire Hathaway&#8217;s cash and U.S. Treasury holdings exceeded an impressive $370 billion. This financial cushion has allowed Buffett to navigate the current market volatility with a strategic approach, emphasizing the importance of maintaining liquidity during uncertain times. Despite the transition of the CEO role to Greg Abel on January 1, 2026, Buffett remains actively involved in the company&#8217;s investment decisions, continuing to influence the direction of Berkshire Hathaway.</p>
<p>Buffett&#8217;s long history of weathering market storms, including notable downturns like Black Monday in 1987 and the 2008-2009 financial crisis, informs his current strategy. He has consistently advised retail investors to focus on long-term gains rather than short-term fluctuations. &#8220;American business will do fine over time,&#8221; he stated, reinforcing his belief in the resilience of the U.S. economy.</p>
<p>In his recent communications, Buffett has reiterated the significance of cost management in investments, stating, &#8220;Costs really matter in investments.&#8221; This philosophy is particularly relevant as investors grapple with the current market conditions. He also noted, &#8220;We aren’t in it to make five or six percent,&#8221; highlighting his commitment to seeking more substantial returns for Berkshire Hathaway&#8217;s stakeholders.</p>
<p>Buffett&#8217;s investment strategy has also showcased a strong belief in American Express, with Berkshire Hathaway owning almost 152 million shares of the company at the end of last year. As of April 9, 2026, American Express has delivered a remarkable total return of 511% over the past decade, underscoring Buffett&#8217;s confidence in the brand&#8217;s long-term growth potential.</p>
<p>As the markets continue to react to both domestic and international events, Buffett&#8217;s actions serve as a barometer for investor sentiment. His daily presence in the office and ongoing engagement in investment decisions reflect his unwavering commitment to Berkshire Hathaway and its shareholders. The current state of the market, coupled with Buffett&#8217;s strategic maneuvers, highlights the importance of experienced leadership in navigating financial uncertainties.</p>
<p>In summary, Warren Buffett&#8217;s recent purchase of Treasury bills and his continued involvement in Berkshire Hathaway&#8217;s operations illustrate his proactive approach to investment during challenging times. As the financial world watches closely, his insights and decisions will undoubtedly shape the future of investing in the months to come.</p>
<p>The post <a href="https://news-kenya.co.ke/warren-buffett/">Warren Buffett&#8217;s Strategic Moves Amid Market Volatility</a> appeared first on <a href="https://news-kenya.co.ke">newskenya</a>.</p>
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		<title>Family Bank Reports Strong Growth Ahead of Nairobi Listing</title>
		<link>https://news-kenya.co.ke/family-bank-reports-strong-growth-ahead-of-nairobi/</link>
		
		<dc:creator><![CDATA[roomnews]]></dc:creator>
		<pubDate>Tue, 31 Mar 2026 14:31:06 +0000</pubDate>
				<category><![CDATA[Finance]]></category>
		<category><![CDATA[banking]]></category>
		<category><![CDATA[dividend payout]]></category>
		<category><![CDATA[Family Bank]]></category>
		<category><![CDATA[finance]]></category>
		<category><![CDATA[financial news]]></category>
		<category><![CDATA[investment]]></category>
		<category><![CDATA[Kenya]]></category>
		<category><![CDATA[Nairobi Securities Exchange]]></category>
		<category><![CDATA[profit growth]]></category>
		<guid isPermaLink="false">https://news-kenya.co.ke/family-bank-reports-strong-growth-ahead-of-nairobi/</guid>

					<description><![CDATA[<p>Family Bank has reported a substantial growth in net profit and plans to go public in May 2026, marking a significant milestone for the organization.</p>
<p>The post <a href="https://news-kenya.co.ke/family-bank-reports-strong-growth-ahead-of-nairobi/">Family Bank Reports Strong Growth Ahead of Nairobi Listing</a> appeared first on <a href="https://news-kenya.co.ke">newskenya</a>.</p>
]]></description>
										<content:encoded><![CDATA[<h2></h2>
<p>&#8220;We expect to list in the month of May, subject to regulatory approvals,&#8221; said Lazarus Muema, a representative of Family Bank, as the organization prepares for a significant milestone in its history.</p>
<p>Family Bank has announced a doubling of its dividend payout to shareholders, reaching Sh2.2 billion, following a remarkable 55.4 percent growth in full-year net profit. The bank reported a net profit of Sh5.37 billion for the year ending December 2025, up from Sh3.46 billion the previous year.</p>
<p>In addition to its impressive profit growth, Family Bank saw interest earned from Treasury bills and bonds increase by 44.1 percent, totaling Sh7.9 billion. The bank&#8217;s customer deposits also rose by 20 percent, reaching Sh151.8 billion, reflecting a strong trust from its clientele.</p>
<p>Paul Ngaragari, another key figure at Family Bank, noted, &#8220;If you look at the money we mopped up from our customer deposits, around Sh25 billion, and the other money we got from shareholders, around 8 billion, most of that money was purely deployed into investment in government securities.&#8221; This strategy has contributed significantly to the bank&#8217;s financial health.</p>
<p>Family Bank&#8217;s loan book grew by 14 percent to Sh105.8 billion, although it faced challenges with non-performing loans, which rose to Sh17.5 billion, accounting for 14.9 percent of its loan book.</p>
<p>The bank has been planning to go public for a decade, and the upcoming listing on the Nairobi Securities Exchange is seen as a pivotal moment for the organization. Family Bank successfully raised Sh8 billion through a private placement, oversubscribing its target of Sh6.09 billion.</p>
<p>As Family Bank moves closer to its listing, the financial community is keenly watching its developments, particularly regarding regulatory approvals and market reception.</p>
<p>With a solid financial foundation and a clear strategy for growth, Family Bank is poised to make a significant impact on the Nairobi Securities Exchange and the broader financial landscape in Kenya.</p>
<p>Details remain unconfirmed regarding the exact date of the listing and any further strategic initiatives that may follow.</p>
<p>The post <a href="https://news-kenya.co.ke/family-bank-reports-strong-growth-ahead-of-nairobi/">Family Bank Reports Strong Growth Ahead of Nairobi Listing</a> appeared first on <a href="https://news-kenya.co.ke">newskenya</a>.</p>
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		<item>
		<title>Cytonn Investments Faces Auction to Recover Ksh11 Billion Owed to Investors</title>
		<link>https://news-kenya.co.ke/cytonn-investments-faces-auction-to-recover-ksh11-billion/</link>
		
		<dc:creator><![CDATA[roomnews]]></dc:creator>
		<pubDate>Wed, 18 Mar 2026 05:50:00 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[auction]]></category>
		<category><![CDATA[court ruling]]></category>
		<category><![CDATA[Cytonn]]></category>
		<category><![CDATA[Edwin Dande]]></category>
		<category><![CDATA[financial news]]></category>
		<category><![CDATA[investments]]></category>
		<category><![CDATA[investors]]></category>
		<category><![CDATA[Kenya]]></category>
		<category><![CDATA[liquidation]]></category>
		<category><![CDATA[real estate]]></category>
		<guid isPermaLink="false">https://news-kenya.co.ke/cytonn-investments-faces-auction-to-recover-ksh11-billion/</guid>

					<description><![CDATA[<p>Cytonn Investments is auctioning properties to recover Ksh11 billion owed to over 3,000 investors after a court ruling dismissed appeals to halt the process.</p>
<p>The post <a href="https://news-kenya.co.ke/cytonn-investments-faces-auction-to-recover-ksh11-billion/">Cytonn Investments Faces Auction to Recover Ksh11 Billion Owed to Investors</a> appeared first on <a href="https://news-kenya.co.ke">newskenya</a>.</p>
]]></description>
										<content:encoded><![CDATA[<h2></h2>
<p>Cytonn Investments is poised to auction several properties in a bid to recover Ksh11 billion owed to over 3,000 investors. This significant move follows a recent decision by the Court of Appeal of Kenya, which dismissed 19 appeals aimed at halting the auction process.</p>
<p>The properties on the auction block include The Alma, valued at Ksh1.43 billion, Amara Ridge at Ksh502.8 million, and Taraji Heights. The liquidation of Cytonn High Yield Solutions and Cytonn Real Estate Project Notes commenced in January 2023, marking a critical point in the company&#8217;s ongoing financial troubles.</p>
<p>Investors had been promised high returns, with expectations set at an 18% interest rate. However, many have expressed frustration as these returns have not materialized. Cytonn had previously collected billions from investors in 2020, shortly after the onset of the COVID-19 pandemic, leading to significant financial commitments that the company is now struggling to meet.</p>
<p>The liquidation process has been ongoing since January 6, 2023, following a protracted three-year legal battle. Cytonn Investments, founded by Edwin Dande and others after their departure from Britam, has been focusing on alternative investment solutions in real estate, structured solutions, private equity, and advisory services.</p>
<p>As the auction date approaches, the implications for investors are profound, with many awaiting clarity on the recovery of their funds. Dedan Maina, a financial analyst, remarked, &#8220;High yield is not a strategy – it is a marketing phrase,&#8221; highlighting the skepticism surrounding the investment promises made by Cytonn.</p>
<p>Details remain unconfirmed regarding the exact timeline for the auction and the potential outcomes for the investors involved. The situation continues to evolve, and stakeholders are closely monitoring developments as they unfold.</p>
<p>The post <a href="https://news-kenya.co.ke/cytonn-investments-faces-auction-to-recover-ksh11-billion/">Cytonn Investments Faces Auction to Recover Ksh11 Billion Owed to Investors</a> appeared first on <a href="https://news-kenya.co.ke">newskenya</a>.</p>
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		<item>
		<title>Centum sells Sidian Bank stake</title>
		<link>https://news-kenya.co.ke/centum-sells-sidian-bank-stake/</link>
		
		<dc:creator><![CDATA[roomnews]]></dc:creator>
		<pubDate>Mon, 16 Mar 2026 04:23:28 +0000</pubDate>
				<category><![CDATA[Finance]]></category>
		<category><![CDATA[Access Bank]]></category>
		<category><![CDATA[Bakki Holdco Limited]]></category>
		<category><![CDATA[Centum]]></category>
		<category><![CDATA[divestment]]></category>
		<category><![CDATA[financial news]]></category>
		<category><![CDATA[investment]]></category>
		<category><![CDATA[Kenbe Investments]]></category>
		<category><![CDATA[Kenya]]></category>
		<category><![CDATA[Sidian Bank]]></category>
		<guid isPermaLink="false">https://news-kenya.co.ke/centum-sells-sidian-bank-stake/</guid>

					<description><![CDATA[<p>Centum Investment Company has completed the sale of its entire remaining interest in Sidian Bank, concluding a 22-year investment journey.</p>
<p>The post <a href="https://news-kenya.co.ke/centum-sells-sidian-bank-stake/">Centum sells Sidian Bank stake</a> appeared first on <a href="https://news-kenya.co.ke">newskenya</a>.</p>
]]></description>
										<content:encoded><![CDATA[<h2></h2>
<p>Centum Investment Company has completed the sale of its entire remaining interest in Sidian Bank as of March 12, 2026. This divestment marks the conclusion of Centum’s exit from Sidian Bank Limited, a journey that began in 2001 when Centum first invested in what was then known as K-Rep Bank.</p>
<p>Centum held a 50% stake in Bakki Holdco Limited, which in turn owned a 27.27% interest in Sidian Bank. The total cash recoveries from Sidian Bank now stand at approximately KSh 5.2 billion against a total investment of KSh 4.7 billion, reflecting a profitable exit for the investment firm.</p>
<p>The sale received regulatory clearance from the Central Bank of Kenya and the Competition Authority of Kenya, ensuring compliance with local financial regulations. James Mworia, Centum&#8217;s CEO, noted, &#8220;The financial effects of the transaction will be reflected in Centum’s next financial reporting cycle for the financial year ending March 31, 2026.&#8221;</p>
<p>Sidian Bank has seen significant growth over the years, with its assets increasing from KSh 19 billion in 2012 to KSh 94.8 billion by September 2025. This growth trajectory underscores the bank&#8217;s successful evolution in the competitive financial sector.</p>
<p>Prior to the sale, Centum&#8217;s investment in Sidian was valued at KSh 1.1 billion. The firm has been strategically reducing its stake in Sidian Bank through a series of transactions that began in 2023, indicating a shift in focus towards other investment opportunities.</p>
<p>James Mworia further stated, &#8220;The proceeds from this transaction will enable Centum to continue investing across key sectors in Kenya and the wider East African region.&#8221; This move aligns with Centum&#8217;s broader strategy to diversify its investment portfolio.</p>
<p>Details remain unconfirmed regarding the specific terms of the sale and the future plans for Sidian Bank under its new ownership. Observers will be keen to see how this divestment impacts both Centum and Sidian Bank moving forward.</p>
<p>The post <a href="https://news-kenya.co.ke/centum-sells-sidian-bank-stake/">Centum sells Sidian Bank stake</a> appeared first on <a href="https://news-kenya.co.ke">newskenya</a>.</p>
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