Absa Bank Uganda has entered into a definitive agreement to acquire the Wealth and Retail Banking (WRB) business of Standard…
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.
In Africa’s vibrant but capital-constrained startup ecosystem, early-stage entrepreneurs often face a paradox: high-impact ideas with low access to funding.…
Kenya’s usable foreign-exchange reserves surged to an all-time high of USD 12.07 billion (KSh 1.56 trillion) in mid-October 2025, marking…
Kenya’s diaspora remittances edged up slightly in September 2025, reaching USD 419.6 million, a 0.2% higher than the USD 418.5…
Standard Bank Group Ltd.’s Kenyan unit, Stanbic Holdings Plc, is in confidential talks to acquire NCBA Group Plc, a move…
The Central Bank of Kenya (CBK) has lowered its benchmark lending rate by 25 basis points to 9.25%, citing room…