Lawrence Baraza
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Corporate
Nedbank Secures 79% Shareholder Support to Acquire NCBA Group
South Africa’s Nedbank has secured overwhelming shareholder support for its planned acquisition of a 66% stake in Kenya’s NCBA Group.…
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West Africa
European Bank Forays into Senegal With €15 Million in Trade Finance Deal
The European Bank for Reconstruction and Development (EBRD) has made a foray into Senegal, after the board approved a trade…
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Opinions
Building Wealth in Uncertain Markets
By David Macharia The financial world is experiencing significant volatility driven by global supply chain disruptions that continue to affect…
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Kenya
Finance Act 2026 Gives Digital Lenders Tax Relief, but Industry Says More Reforms Are Needed
Kenya’s digital lending industry has welcomed several tax reforms introduced under the Finance Act 2026, saying the changes will help…
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Kenya
Banks Pull Back on Lending to State Corporations as Treasury Tightens Borrowing Rules
Commercial banks are becoming increasingly cautious about lending to Kenya’s State corporations, with new data showing a sharp decline in…
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Corporate
UAE’s Largest Bank Eyes South Africa After Decade-Long Legal Victory
First Abu Dhabi Bank (FAB), the United Arab Emirates’ largest lender with assets of about $406 billion (R6.6 trillion), is…
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East Africa
Tanzanian Billionaire Aziz Flies to Uganda as Talks Begin Over Nation Media Shutdown
Tanzanian billionaire Rostam Aziz has stepped in personally to help resolve the crisis that has brought Nation Media Group’s (NMG)…
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West Africa
Central Bank of Nigeria Revokes 47 Licenses of Microfinance Banks
The Central Bank of Nigeria (CBN) went on a volley Wednesday when it revoked licenses belonging to microfinance banks in…
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Kenya
Court Tightens Rules on Redundancies in Judgement Favouring Employees
A new court ruling could make it significantly harder for companies in Kenya to lay off employees, raising the threshold…
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Economy
World Bank Approves Ksh.97 Billion Loan For Kenya’s Governance and Social Protection Reforms
Kenya has secured fresh financial support from the World Bank in a move that the government says will strengthen public…
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