NCBA Group, currently in the process of being acquired by South Africa’s Nedbank, has explained why it chose the lender despite receiving multiple acquisition offers. Speaking to the media on Thursday, January 22, 2026, NCBA Group CEO John Gachora said the board prioritised a deal that would minimise disruption to the business, protect the company’s
A South African Bank, Nedbank Group Limited has issued a proposal to acquire a majority stake in NCBA Group PLC, a leading financial services provider in East Africa. In a statement dated January 21, 2026, NCBA said it had received a strategic investment proposal and a Notice of Intention from Nedbank to acquire approximately 66
NCBA Bank has launched a pilot program that allows musicians to use their songs, catalogues, and royalty income as collateral for bank loans. The new initiative, co-designed with celebrated producer Morris Kobia, popularly known as Motif Di Don, aims to fill chronic financing gaps in Kenya’s creative economy, an industry valued at Ksh110 billion annually
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