
Family Bank has officially joined the Nairobi Securities Exchange (NSE) as of June 23, 2026, through a listing by introduction at a reference price of Sh18 per share. This move has brought to light longstanding questions regarding ownership concentration, governance expectations, and shareholder liquidity for one of Kenya's longest-traded over-the-counter banking stocks, according to TechTrends KE.
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South African firms are intensifying their investments in Kenya's corporate sector, with planned acquisitions totaling approximately Sh413 billion. This strategy aims to use Nairobi as a gateway into East and Central Africa. Notably, Absa Group has announced intentions to increase its stake in Absa Bank Kenya from 68.5 percent to a higher percentage.
Sharp Daily·June 22, 2026 at 6:52 AM
According to TechTrends KE, South African firms have announced over Sh400 billion in acquisitions, raising questions about their investment focus on Kenya. This trend is attributed to Kenya's economic growth, as East Africa is reportedly outperforming many larger African economies. The recent transactions indicate a strategic interest in the region by South African companies.
TechTrends KE·June 24, 2026 at 2:10 PM
The Nigeria Family Wealth Report 2026, published by Meristem Family Office, emphasizes the importance of early planning for governance, next-generation readiness, and asset structure to ensure family wealth continuity. It highlights that even profitable businesses may face risks if their success is heavily reliant on the founder's relationships and decision-making abilities.
Nairametrics·June 25, 2026 at 5:25 AM
Zedcrest Securities has introduced stocks trading on the Zedcrest Wealth App, allowing clients to buy and sell shares of over 150 companies listed on the Nigerian Exchange (NGX) via their mobile devices. This launch is part of Zedcrest Group's goal to enhance access to capital markets and improve connectivity in financial services.
Nairametrics·June 24, 2026 at 6:17 PM
During Week 25 of 2026, the Dar es Salaam Stock Exchange reported an equity turnover increase of 81.28% week-on-week, reaching TZS 48.99 billion. A total of 9,269,119 shares were traded across 24,326 deals. AFRIPRISE was the top performer with a gain of 11.57%, followed by EABL and NMB. The total market capitalization was TZS 34,234.55 billion, with the DSEI rising by 1.35%. The bond market also saw significant growth, with turnover increasing by 242.08%.
TanzaniaInvest·June 21, 2026 at 12:47 AM
Equity Bank has launched a new feature called Secure Float Purchase, aimed at enhancing transaction controls for customers buying float through approved agents. This feature introduces a verification framework that requires customers to pre-authorize trusted agents before transactions can occur. The initiative is a response to increasing risks of mobile money fraud, according to TechTrends KE.
TechTrends KE·June 24, 2026 at 11:59 AM