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Nedbank
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Situations
Kenya banking sector Safaricom stake sale
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Latest: Kenya's Central Bank Records Record Forex Reserves Amid Surge in KCB Share Purchases
In July 2026 Safaricom allocated Sh707 million in free shares to its managers, a move that coincided with Kenyan banks reporting a combined profit of Sh111 billion. By early August, the Central Bank of Kenya announced re