Equity Bank has placed the luxury Glee Hotel under administration, escalating a debt battle that has run through Kenya’s courts since late 2025. The bank appointed Kamal Anantroy Bhatt of Anant Bhatt ...
Absa has lost another senior executive, and this time the departure marks a turning point rather than a setback. Yasmin Masithela, the bank’s former interim chief executive of Corporate and Investment ...
Equity Group, AfricaNenda Foundation and the Gates Foundation have signed a partnership to speed up the rollout of Digital Public Infrastructure across Africa, betting that stronger ties between banks ...
Abdi Mohamed has stepped down as Chief Executive Officer and Managing Director of Absa Bank Kenya, ending a three-year stint that saw the lender post consistent profit growth and deepen its digital ...
Koko Networks, the clean‑cooking startup founded in 2013, has shut down operations after laying off its entire workforce of 700 employees. The closure follows the Kenyan government’s refusal to issue ...
The Nairobi Securities Exchange has a new chairman. The bourse’s board confirmed on 2 July 2026 that Tom Mulwa will take over the top governance seat effective 13 July, succeeding Kiprono Kittony, ...
With shareholder undertakings rising to 77.54%, the bank frames the deal as a “control-and-scale” bet on Kenya’s regulation and growth, valuing NCBA at 1.4x book.
Kenya’s private sector shrank for a third consecutive month in May as surging costs squeezed businesses and pushed customers to pull back on spending, a closely watched survey showed on Thursday. The ...
Starting January 2026, buying shares on the Nairobi Securities Exchange (NSE) will be as simple as paying your electricity bill or sending money to a friend from your M-PESA wallet. The new platform, ...
Electric mobility firm Roam Motors has launched Kenya’s first universal fast‑charging station for light electric vehicles (LEVs), branded Roam Point. The system delivers up to 20 kilometres of range ...
Construction of the Standard Gauge Railway (SGR) Phases 2B and 2C—stretching from Naivasha through Kisumu to Malaba—is scheduled to begin in March 2026. The project aims to boost transport ...
The Board of Directors of East African Breweries PLC (EABL) has confirmed that Diageo PLC will sell its majority stake in EABL and its shareholding in UDV (Kenya) Limited to Asahi Group Holdings. This ...