South African lender Nedbank Group has submitted a tender offer to purchase approximately 66 percent of NCBA Group’s ordinary shares, which would give Nedbank a controlling interest in the Kenyan financial services company if the deal goes through. The remaining 34 percent of NCBA shares would continue to be traded …
Read More »CBK Licenses 42 Additional Digital Lenders, Raising Total to 195
The Central Bank of Kenya (CBK) has approved 42 more Digital Credit Providers (DCPs), increasing the number of licensed and regulated digital lenders in the country to 195. This latest approval follows the licensing of 27 DCPs announced in September 2025, underscoring the regulator’s ongoing drive to bring order to …
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The Lower Eastern Times Opening The Third Eye