The Capital Markets Authority (CMA) has approved several new investment products aimed at giving Kenyan investors more savings and investment options. In a notice dated Tuesday, May 26, 2026, the regulator said the approvals include new unit trusts, special funds, and an alternative investment fund from different financial institutions. CMA said the move is part
HF Group Plc has officially changed its name to HFCB Group Plc after shareholder approval and registration by the Registrar of Companies. In a public notice dated May 22, 2026, the company announced that the name change took effect on the same day after shareholders approved the move during a general meeting held on September
Branch International, a San Francisco-headquartered fintech company offering digital banking and lending services, has laid off an undisclosed number of employees across Kenya and Nigeria in what it termed a strategic reduction of headcount in selected markets. Several sources familiar with the matter, including affected employees, confirmed the layoffs. An internal email reviewed by TechCabal