Absa closes in on a deal that would reshape Tanzania’s banking sector, merging its two local units into the country’s third largest lender. Absa Group is nearing an agreement to combine its two ...
TikTok used the AI for Good Global Summit in Geneva to unveil a fresh round of measures aimed at making artificial intelligence on its platform easier to understand, harder to abuse, and safer for the ...
Money sent home by Kenyans abroad kept sliding in June, extending a slide that started in April. According to the Central Bank of Kenya, remittance inflows totalled 375.6 million dollars in June 2026, ...
The 2026 FIFA World Cup ended on 19 July with Spain beating Argentina 1-0 in New Jersey, Rodri taking the Golden Ball, and SuperSport closing out the most ambitious broadcast rollout in its history.
Safaricom’s next shareholder meeting will do more than approve a dividend. It will decide whether the company’s own constitution catches up with who actually controls it now. The telecom giant has ...
Kenya’s annual inflation rose to 4.4% in March 2026, up from 4.3% in February, as food costs continued to squeeze household budgets, the Kenya National Bureau of Statistics reported on Tuesday. The ...
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.
The offer price was set using an earnings‑based valuation methodology anchored on an EV/EBITDA multiple of 8.1x, aligned with regional and global infrastructure peers. Post‑listing, KPC is expected to ...
Sun King, the world’s leading off-grid solar energy company, has unveiled a refreshed logo as part of a broader brand transformation. The new identity reflects the company’s growing product ...
UNFPA and Britam Foundation have signed a Memorandum of Understanding to reduce preventable maternal and newborn deaths in vulnerable communities across Kwale and Nairobi counties. The partnership ...
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 ...
Standard Bank Group, trading as Stanbic Bank in Kenya and Africa’s largest bank by assets, has partnered with Safaricom Telecommunications, Kenya’s leading telecommunications provider, to deliver USD ...