The Competition Authority of Kenya (CAK) has rolled out an informant reward scheme, a financial incentive to informants aiding the regulator in its i...
The COVID-19 pandemic is expected to trigger a new run of mergers and acquisitions (M&As’) as Kenya’s banking industry shifts under the weight...
The Board of Kenya Power has appointed five new directors at a time when the company is rolling out its growth strategy. They are Abdulrazaq Ali, E...
The Co-operative Bank has posted a 12.6 per cent growth in profit after tax to Ksh.14.3 billion for the year ending on December 31, 2019 on the back o...
The Co-operative Bank of Kenya has expressed interest in acquiring Jamii Bora’s 100 per cent issued share capital in a transaction which is now subj...
The consolidation of banks through mergers has emerged as a more profitable venture in comparison to acquisitions, fresh data from the Central Bank of...
The Central Bank of Kenya (CBK) has approved the 100 percent share capital acquisition of the National Bank of Kenya (NBK) by the KCB Group. The re...
The National Treasury has defended its position on perceived laxity under the ongoing procedures in the acquisition of the National Bank of Kenya (NBK...
Top insurer Jubilee is keen to consolidate on its market position in underwriting through mergers and acquisitions. This as the insurance industry ...
The banking sector continues to undergo realignment with mergers becoming a common theme. Diamond Trust Bank (DTB) has become the latest lender to ...
The Central Bank of Kenya (CBK) has hinted towards lifting the suspension of licensing new banks. This as the banking regulator announced on Monday...
KLM president and chief executive Peter Elbers has stepped down as a director of national carrier Kenya Airways. Mr Elbers who joined the board of ...
Three Chinese citizens have been criminally charged in the United States with trading on confidential corporate information obtained by hacking into n...
A Mauritius based financial services firm has announced plans to acquire Fidelity Commercial Bank by the end of the year. SBM holdings, which is th...
pace with peers in the banking sector. The bank has re branded to Spire Bank as its new owners, Mwalimu National Sacco, look to make the bank compe...
The government has hinted to the possibility of merging three commercial banks it has a stake in into one entity. The move according Treasury Cabinet ...
Financial experts are challenging insurers to invest in research, innovation and create healthy consumer relationships in order to overcome low insura...
The chief executive of Barclays Bank Kenya said on Tuesday that a decision by Barclays Plc to sell its Africa business would not lead to job cuts in t...
The Central Bank of Kenya has suspended the licensing of new commercial banks, two sources within the bank said on Tuesday. The sources said the ce...