Sanlam Kenya Plc has called an extraordinary general meeting (EGM) for October 9, 2025, to seek shareholder approval to change its name to Sanlam Allianz Holdings (Kenya) Plc, marking a significant milestone in the ongoing consolidation of Africa’s insurance landscape under the SanlamAllianz joint venture. The proposed rebrand follows Jubilee Holdings’ complete exit from general […]

Kenyan technology-driven investment firm Kweli Capital has acquired a majority stake in brokerage Old Mutual Securities Ltd (OMS), marking a significant strategic expansion into regulated financial services and signaling a new chapter in East Africa’s evolving capital markets landscape. The acquisition will see Kweli Capital take over the Nairobi-based brokerage from the Old Mutual Group, […]

The Central Bank of Kenya (CBK) has introduced a transformative reform in the country’s money market with the launch of the Kenya Shilling Overnight Interbank Average (KESONIA), which officially came into effect on September 1, 2025. This landmark development represents a major milestone in efforts to enhance transparency, efficiency, and stability in Kenya’s domestic financial […]