Uchumi Supermarket reopens two Nairobi branches amid turnaround push
Kenyan retailer Uchumi Supermarket has reopened two branches in Nairobi as part of efforts to revive operations after years of…
Nigeria’s Zenith Bank wins approval to buy Kenya’s Paramount Bank
Nigeria’s Zenith Bank Plc has won regulatory approval to acquire 100% of Kenya’s Paramount Bank Ltd, clearing the way for…
Afreximbank ends Fitch credit rating relationship
Afreximbank, African Export-Import Bank said on Friday it had terminated its credit rating relationship with Fitch Ratings, saying the process…
Nedbank makes $800m offer for majority stake in Kenya’s NCBA
South Africa’s Nedbank Group has moved to expand into East Africa, submitting a proposal to acquire a controlling stake in…
Standard Chartered appoints Dalu Ajene as Africa CEO
Standard Chartered has appointed Dalu Ajene as chief executive officer for Africa, expanding his remit to include head of coverage…
Sophos targets browser-based security as AI and hybrid work reshape enterprise defences
Cybersecurity group Sophos has launched a browser-centred security product aimed at companies struggling to control data, applications and artificial intelligence…
EABL Foundation, CARE International sign $270,000 deal to boost gender inclusion in Kenya
The EABL Foundation has signed a partnership with CARE International to invest more than 35 million Kenyan shillings ($270,000) in…
Kenya Pipeline Corporation to offload 65% stake in $825M IPO
Kenya on Monday launched the sale of a 65% stake in state-owned Kenya Pipeline Company (KPC), paving the way for…
Kenya orders Uber drivers to submit tax PINs by Jan. 30
Kenya’s tax authority has mandated that all Uber drivers on its platform submit valid tax identification numbers, tightening regulatory oversight…
Safaricom bets on pay-as-you-go fibre as Sylvia Anampiu takes charge of fixed broadband
Safaricom has appointed Sylvia Anampiu as director of fixed business, tech publication TechMoran reports, adding that Safaricom is rolling out…