×
App Icon
The Standard e-Paper
Read Offline Anywhere
★★★★ - on Play Store
Download Now

Returns from State bonds drive HF Group's profit by 150pc

Vocalize Pre-Player Loader

Audio By Vocalize

HF Group CEO Robert Kibaara, HF Bancassurance Intermediary Principal Officer Maureen Stephyne and HFC Managing Director Peter Mugeni during the investors briefing. The Group reported a profit after tax of Ksh 525 million for the full year 2024.[Courtesy]

HF Group nearly doubled interest income on government paper in the six months to June 2025, raising its profit before tax by 148 per cent to Sh702.9 million.

The listed financial solutions provider's interest income from government securities closed the six-month period at Sh1.3 billion compared to Sh676.0 million in the same period in 2024.

Get Full Access for Ksh299/Week.
Fact‑first reporting that puts you at the heart of the newsroom. Subscribe for full access.
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in
Business
How Kenyans lost Sh10bn through shadowy investments
Enterprise
Kenyan startups outshine Africa with three major innovation wins
Opinion
Why every Kenyan must protect their personal data
Sci & Tech
Konza inks deal with Moroccan firm to deliver AI certification