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Yusuf Omari gets top job at Absa Bank after 17 years as CFO

Nairobi, Sept. 10 -- Absa Bank Kenya has appointed its long-serving chief financial officer (CFO) Yusuf Omari as its new chief executive, replacing Abdi Mohamed who left abruptly in June to join the s... Read More


BOC's share price doubles after Carbacid withdraws buyout offer

Nairobi, July 13 -- The share price of industrial and medical gases manufacturer BOC Kenya has more than doubled since it terminated talks to be acquired by carbon dioxide manufacturer Carbacid Invest... Read More


Safaricom managers awarded Sh707 million free shares

Nairobi, July 11 -- Senior Safaricom managers were awarded 20.1 million shares with a current market value of Sh707.5 million for free in the year ended March 2026 as compensation for their past perfo... Read More


StanChart wins key roles as CBK eyes global investors

Nairobi, June 25 -- Standard Chartered Bank Kenya has been given the task of buying and safekeeping government bonds and Treasury bills for international investors in a new deal with the Central Bank ... Read More


Investors eye Sh2bn gain on Family Bank listing

Nairobi, June 17 -- Existing and new investors who participated in Family Bank's private placement last year are set for capital gains of 24.1 percent or Sh1.93 billion when the lender lists on the Na... Read More