Electricity producer KenGen grew its profits after tax in the six months to December to Sh5.7 billion.

The weakening of the Kenya shilling helped British American Tobacco (BAT) to grow its net profit 17 per cent to Sh4.9 billion in the year ended December, up from Sh4.2 billion the year before.

Unga Group’s net profit for the six months to December has dropped 20.6 per cent in the absence of the one-off gain they received in the previous period from the sale of a paper packaging subsidiary.

Housing Finance (HF) is set to launch two major housing projects along Thika Road this year, marking the latest real estate development that is seeking to attract more residents along the super highway constructed three years ago.