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 ...

Private equity firm Adenia Partners has taken majority control of Minet Group, acquiring the insurance brokerage and risk advisory firm from Capitalworks in a deal that closed on 30 June 2026 after ...

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 ...

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 ...

Kenya and Rwanda have signed three agreements allowing Rwanda to import bulk refined petroleum products through Kenya under a Government to Government arrangement, marking a major step in regional ...

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, ...

Kenyans burned more fuel in the first three months of 2026 than they did a year earlier, and they reached for LPG cylinders even more often than that. The numbers, released at the Petroleum Institute ...

Diageo has appointed John Musunga as Managing Director, Africa, effective 1 July 2026. The move reinforces the company’s long term commitment to the continent as a strategic growth market. Musunga ...

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.

Total revenues closed at KShs. 61.4 billion, reflecting shifts in the interest rate environment. The Bank offset these changes through disciplined cost‑of‑funds management, underscoring execution ...

Kenya’s diaspora remittance inflows totaled USD 435.5 million in December 2025, down from USD 445.4 million in December 2024, representing a 2.2% decline. The slowdown in December capped the year, ...

Safaricom unveiled Ziidi Trader, a mobile-first platform that allows Kenyans to buy and sell shares on the Nairobi Securities Exchange (NSE) directly through the M-PESA app. The innovation is designed ...