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Absa Bank Kenya Posts KSh 5.3 Billion Q1 Profit
Absa Bank Kenya has announced a significant KSh 5.3 billion profit after tax for the first quarter of 2026, demonstrating resilience amidst economic challenges. The strong financial performance comes as Tanzania's Swahilies fintech company received a Payment Service Provider license from the Central Bank of Tanzania, marking regional expansion in East Africa's financial sector. In the telecom sector, Airtel Kenya is set to receive a substantial $100 million equivalent from the International Finance Corporation to bolster mobile network expansion and refinance existing debt, indicating continued investment in Kenya's telecommunications infrastructure.
One UI 8.5 Update Expands to More Budget Galaxy Devices
Samsung is rolling out its One UI 8.5 update to a wider range of Galaxy devices, including many budget-friendly phones and tablets. Separately, new leaks reveal the upcoming Samsung Galaxy A27 is set for an imminent launch in Kenya, boasting significant upgrades over its predecessor. Meanwhile, DStv subscribers in Kenya are set to receive complimentary upgrades to higher-tier bouquets throughout June 2026 as part of a new promotion targeting Kenyan viewers.
