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Africa Business In Brief | Issue 435 | 13 Feb 2022 lexology.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lexology.com Daily Mail and Mail on Sunday newspapers.
Microfinance banks' losses up 561pc on reduced loans uptake standardmedia.co.ke - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from standardmedia.co.ke Daily Mail and Mail on Sunday newspapers.
Branch International acquires majority stake in Century Microfinance Bank Shares Branch International, a mobile money lending app, has received regulatory approval to buy controlling shares in Century Microfinance Bank. In a notice published in the Kenya Gazette of Friday, May 7, Branch International was authorized to acquire 84.89% of the issued share capital in Century Microfinance Bank. “In accordance with the provisions of Article 46 (6) of the Competition Law of 2010, it is notified for general information that, in the exercise of the powers conferred by the Competition Law, the Competition Authority has authorized the proposed transaction as stated,” reads an excerpt from the Gazette notice. ....