Markets
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CBK Extends Time for Kenya’s Bulk Payment Settlement System
The Central Bank of Kenya (CBK) has extended time for Kenya’s bulk payment settlement system, better known as the Kenya…
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Safaricom Stock Rallies Despite Political Storm Over Data Surveillance Allegations
Safaricom PLC shares rallied by 3.7% on Thursday morning, defying political headwinds after a section of Kenyan politicians publicly accused…
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Britam Buys 30% State in Nigeria-Based Continental Re Plc
Britam Holdings Plc has expanded its footprint in Kenya’s reinsurance sector after acquiring a 30% stake in Continental Reinsurance Kenya,…
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Superior Homes, HF Group Sign Deal to Boost Mortgage Access in Kenya
Superior Homes Kenya (SHK) and HF Group have signed an asset financing deal targeting Kenyans who are willing to buy…
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dLocal Moves to Acquire Africa-Focused Fintech AZA Finance in Latest Expansion Push
dLocal, the Latin American fintech unicorn known for connecting global merchants to emerging markets, is in advanced talks to acquire…
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Equity Group Q1 Profit Down 8% on Declined Interest Income
Equity Group has reported a pre-tax profit of Ksh.18.7 billion, an 8 percent drop, for the first quarter of 2025,…
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Safaricom Shares Dip Slightly Ahead of Planned Government Stake Sale
Safaricom closed trading on Monday at Ksh.19.85 per share on the Nairobi Securities Exchange (NSE), reflecting a marginal 0.25% decline…
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Kenya to Sell Part of Safaricom Stake to Raise Ksh.149 Billion in Privatisation Drive
Kenya is preparing to offload an undisclosed portion of its 34.9% stake in Safaricom—the region’s most profitable company—in a renewed…
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Metropol Unveils Enhanced Analytics Platform to Deepen Credit Market Insights
Metropol has unveiled an upgraded version of the Metropol Analytics Platform (MAP), a cutting-edge tool designed to empower both internal…
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Family Bank Posts Ksh.1.05 Billion Profit in Q1 2025 on Cost Controls
Family Bank Group recorded a net profit of Ksh.1.05 billion in the first quarter of 2025, marking a modest increase…
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