… Principal Investigating Officer Justin Nyatete, a detective with 22 years of service, testified before the court and outlined the challenges investigators faced while probing Masai’s fatal shooting near the Absa Bank Kenya area in Nairobi’s Central Business District. …
… The lobby pointed out that the proposal directly contradicts a December 2025 Supreme Court ruling involving ABSA Bank, which firmly established that these are operational service fees, not royalties. …
… Mohamed has also worked as CEO of Barclays Bank Kenya, as well as Managing Director for East and West Africa and Africa CEO for the bank.His appointment has been challenged in court by Benard Opere, who sought to block the process on grounds that Mohamed had exceeded the retireme …
… He brings extensive experience from both the private and public sectors, having previously served as Managing Director of Barclays Bank Kenya, now Absa Bank Kenya, where he held senior leadership positions in the banking industry. …
… Attention now turns to how other tier-one lenders including KCB Group, Equity Group Holdings, NCBA Group, Absa Bank Kenya among others will perform when they release first-quarter results over the coming days. …
… For financial institutions like Absa, it is important to actively monitor developments in the Middle East and their implications for global trade flows, commodity prices, and financial markets, while working closely with clients to navigate volatility through trade finance soluti …
Absa Bank Kenya has unveiled a revamped asset financing proposition aimed at deploying Sh100 billion over the next three years to finance businesses and individuals across the country. …
An inquest into the death of protester Rex Masai heard that the lead investigating officer told the court detectives were unable to identify the firearm that fired the fatal bullet, citing lack of cooperation from police officers involved in the June 2024 anti-Finance Bill demonstrations.
An inquest into the death of protester Rex Masai heard that the lead investigating officer told the court detectives were unable to identify the firearm that fired the fatal bullet, citing lack of cooperation from police officers involved in the June 2024 anti-Finance Bill demonstrations.
The Kenya Bankers Association has called for deletion of proposed Withholding Tax on card transaction fees and a 16 per cent VAT on digital payment processing, warning the combined tax burden would increase total digital financial transaction costs and risk financial exclusion.
Former Industrialisation Cabinet Secretary Adan Mohamed was sworn in on Wednesday as Commissioner General of the Kenya Revenue Authority for a three-year term, replacing Humphrey Wattanga. His appointment has been challenged in court by Benard Opere on grounds that Mohamed had exceeded the retirement age of 60 years for public officers.
Former Industrialisation Cabinet Secretary Adan Mohamed has been appointed Commissioner General of the Kenya Revenue Authority for a three-year term effective May 18, 2026, replacing Humphrey Wattanga. Mohamed previously served as Managing Director of Barclays Bank Kenya and brings experience from both private and public sectors.
Co-operative Bank of Kenya reported a 21.3 per cent rise in net profit to Sh8.41 billion for the first quarter ending March 31, driven by a 13.6 per cent jump in operating income and contributions from non-banking subsidiaries. The bank was also named one of Africa's Fastest Growing Companies in 2026 by Financial Times.
The US–Israel–Iran conflict is straining the Strait of Hormuz, a critical global energy corridor, triggering volatility in energy prices and fuel supply disruptions in Kenya. Petroleum products account for roughly 20–25% of Kenya's total import bill, making the economy structurally exposed to geopolitical shocks in global oil markets.
Absa Bank Kenya has launched a revamped asset financing proposition to deploy Sh100 billion over three years to finance businesses and individuals, targeting key sectors including manufacturing, agriculture, trade and logistics, infrastructure, health and education.
The seventh Absa Kip Keino Classic at Nyayo National Stadium in Nairobi saw seven records broken, with Kenyans including Ferdinand Omanyala (men's 100m), Emmanuel Wanyonyi (men's 1500m), and Mercy Oketch (women's 400m) topping key races. The event introduced U20 categories for the first time and used wave-light technology to pace athletes.
The seventh Absa Kip Keino Classic at Nyayo National Stadium saw seven records broken, with Ferdinand Omanyala clocking a sub-10 twice in the men's 100m. The event introduced U20 categories for the first time, providing a platform for young athletes to showcase their talent, supported by a Sh35 million investment from Absa Bank Kenya.
ABSA Bank, DTB Bank and Premier Bank are offering contactless payment solutions integrated into wearable devices like smartwatches, rings and wristbands, which customers can tap on POS terminals. The banks have implemented security measures including transaction limits, PIN requirements, and real-time fraud detection to address risks from potential loss or theft.