CIC Group’s shareholding in Takaful Insurance of Africa fell from 22% to 7.4% after a Djibouti-based firm took majority control…
Browsing: BANKING & FINANCE
Dive into the pulse of East African banking and finance with Khusoko.com. Explore in-depth news, analysis, and insights on everything from financial regulations and fintech trends to industry mergers and central bank announcements.
Kenya’s Monetary Policy Committee (MPC) kept the Central Bank Rate (CBR) unchanged at 8.75% on April 8, 2026, pausing the…
Zenith Bank Plc has completed its acquisition of Paramount Bank Kenya Limited, securing regulatory clearance from authorities in both Kenya…
Access Bank Kenya closed 2025 with a loss of KES 702.2 million, an improvement on the KES 997.1 million loss…
After five consecutive years of losses, UBA Kenya closed 2025 in the black. The bank posted a profit after tax…
CIC Insurance Group posted insurance revenue of Ksh 29.46 billion in the full year ended 31 December 2025, up 11.8%…

