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South Africa’s Absa Group Raises Kenya Stake To 72% After Tender Offer Falls Short of Target.

South Africa’s Absa Group said this week it had raised its stake in Absa Bank Kenya to roughly 72%, after acquiring about 3.5% of the lender through a tender offer…

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Binance Africa Says School-Level Financial Education Key to Crypto Adoption.

Binance Africa said on Wednesday that financial literacy programmes for young people will determine how much of Africa’s population benefits from the growth of digital assets over the next decade,…

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KCB Group Launches Sustainability Bond Framework, Plans Up to Kshs 300 Billion Note Programme.

KCB Group, East Africa’s largest bank by assets, launched a Sustainability Bond Framework on Wednesday, paving the way for a Medium-Term Note Programme of up to 300 billion Kenyan shillings…

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iTrustCapital Adds Stocks, Etfs to Crypto & Metals Platform, Becoming the Most Comprehensive Multi-Asset Investing Platform.

iTrustCapital said on Tuesday it has launched trading in thousands of U.S. stocks and exchange-traded funds, letting clients hold equities alongside cryptocurrency and precious metals in the same retirement or…

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Mukuru Launches Visa-Linked Card to Expand Cashless Payments in Botswana.

Mukuru, a pan-African financial services provider, said on Wednesday it had launched a Visa-branded “Companion Card” in Botswana, linked to its Mukuru Wallet, allowing customers to make cashless payments directly…

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Equity Group H1 2026 Results Show 89.7% Of Transactions Now Digital.

Equity Group said 89.7% of its transactions are now conducted through digital channels, highlighting a shift towards online banking as the Kenyan lender expands technology investment and social impact programmes.…

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New Taxes, New Rules: What Finance Act 2026 Really Means for Kenyan Businesses and Taxpayers.

Kenya’s Finance Act 2026 took effect on July 1, introducing changes to income tax, value-added tax and excise duty as the government seeks to broaden the tax base and strengthen…

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Absa Bank Kenya Half-Year Profit Falls 10% To $81.3 Million On Rate Pressure.

Absa Bank Kenya PLC reported a 10% drop in first-half profit after tax to 10.5 billion Kenyan shillings ($81.3 million), as lower interest rates weighed on income even as customer…

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Tanzania Opens Government Securities Market to All Foreign Investors.

Tanzania Opens Government Securities Market to All Foreign Investors. Tanzania’s central bank said it has scrapped foreign exchange restrictions that limited access to its Treasury bills and government bonds, opening…

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Zimbabwe’s VFEX Changes Market Capitalisation Formula for Cross-Listed Firms.

The Victoria Falls Stock Exchange (VFEX) has changed how it calculates market capitalisation for companies with dual listings, a move that could sharply increase the reported value of several cross-listed…

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