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Vodacom, Absa target Sh21bn extra dividends in Kenya deals
More than Sh21 billion in extra dividends will be shipped to South Africa as Johannesburg-based multinationals buy additional stakes in Safaricom, Absa Bank Kenya and
Absa Bank Kenya and Unilever sign KSh 4bn for SMEs finance
Absa Bank Kenya and Unilever Kenya have signed an agreement for a KES 4 billion financing programme designed to address access to working capital, one
Absa steps up Kes 4billion push to back Kenya’s FMCG supply chain businesses – Financial Fortune Media
Absa Bank Kenya and Unilever Kenya have signed an agreement for a KES 4 billion financing programme designed to address access to working capital, one
Absa Bank Kenya CEO Abdi Mohamed Resigns
Abdi Mohamed has resigned as Chief Executive Officer (CEO) of Absa Bank Kenya, just over three years after taking up the role on May 1,
Africa’s banking giants target Kenya as Absa deepens East Africa expansion
The latest move comes from South Africa’s Absa Group, which plans to spend about $238 million to increase its stake in Absa Bank Kenya
Absa faces major investor backlash after awarding new CEO a $9 million pay package to leave rival Standard Bank
The backlash erupted at the bank’s annual general meeting, where 43.37% of shareholders voted against the implementation report detailing how Absa applied its remuneration
War for talent | Sola Adegbesan leaves Standard Bank for Absa
Absa’s raid on Standard Bank’s top talent is showing no sign of letting up as it sharpens its Pan-Africa ambitions, with respected investment banker Sola
Absa Bank Kenya Q1 Net Profit Drops 13% to Ksh5.3B
Absa Bank Kenya PLC has posted a profit after tax of KSh5.3 billion and achieved a Return on Equity of 20.3% for the quarter ended
Airtel Money and Absa Kenya Partner to Boost SME Payments
Airtel Money and Absa Bank Kenya Partner to Streamline Payments for SMEs Nairobi, Kenya – Airtel Money, Kenya’s second-largest mobile money wallet, has announced a
Absa Considers Kenyan Bank Acquisitions Amid Regional Growth
Absa executives recently concluded a three-day visit to Kenya, engaging with regulators and private sector representatives. The South African lender is exploring potential acquisition opportunities