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KCB Group CEO, Paul Russo
Business News
CAK Approves KCB Riverbank Acquisition With Conditions
Blake Otieno January 26, 2026

The Competition Authority of Kenya (CAK) has allowed the proposed acquisition of control of Riverbank Solutions Limited by KCB Group Plc, but this is dependent on stringent terms regarding access to customer data and the satisfaction of contractual obligations. The approval follows a full merger analysis conducted under the Competition Act, CAP 504 of the

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Business News
Stanbic Holdings in Talks to Acquire NCBA Group
Blake Otieno October 14, 2025

Standard Bank Group’s Kenyan subsidiary, Stanbic Holdings, is reportedly in advanced talks to acquire NCBA Group Plc in a deal that could reshape Kenya’s banking landscape. According to Bloomberg, the merger would create the country’s third-largest lender with combined assets valued at approximately KSh1.1 trillion (US$8.5 billion). NCBA, which currently holds a market valuation of

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