Markets
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Metropol Backs Open Banking in Push for Data-Driven Credit
Metropol is pushing for open banking in the credit market, a reform which, if accommodated, will strengthen the existing Credit…
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How Global Tensions Are Forcing Kenya to Rethink Its Oil Lifeline
For nearly two years, Kenya has relied on a government-to-government fuel deal with Gulf oil giants to keep its economy…
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Equity Bank Rethinking Its African Expansion in Angola After Ethiopia Delays
For years, Ethiopia was seen as the ultimate prize for many African banks looking to expand. With its large population…
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KCB Group Eyes Stake in Pesapal for Digital Payments in East Africa
KCB Group is awaiting regulatory approval to acquire a stake in regional payments company Pesapal as part of its strategy…
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KPC Debuts on NSE as One of Bourse’s Largest Firms
Kenya Pipeline Company (KPC) PLC has officially begun trading on the Nairobi Securities Exchange (NSE) on Tuesday, and is one…
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COMESA Clears 15% Stake Sale in Safaricom to Vodacom Group
The COMESA Competition and Consumer Commission (CCCC) has cleared the sale of a 15 percent stake in Safaricom PLC to…
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Digital Lenders Face Extra Regulations in Fresh Push by Treasury
Kenya’s National Treasury is planning major changes to how digital lenders and other non-deposit-taking credit providers operate in the country.…
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UAE Shuts its Stock Market Over Escaled Iran-Israel War
As tensions in the Middle East have sharply escalated over the past three days, the UAE shut down its major stock…
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The CBK Gallery: How Markeks Faired in Week 3 of February
Kenya’s currency remained steady last week, offering a sense of calm in the foreign exchange market, even as global economic…
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Kenya Pipeline IPO To Remain Open After One-Month Deadline
Kenya Pipeline Company’s long-awaited Initial Public Offering (IPO) will now remain open for three more working days. The move is…
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