Former Cabinet Secretary for Health, James Macharia, has been appointed the new Chairman of Sidian Bank, succeeding James Mworia, who will remain on the board. This appointment follows Macharia's extensive career in finance and public service.

• James Macharia previously served in various ministerial roles, including Cabinet Secretary for Health and Transport, Infrastructure, Housing, and Public Works.
• He previously held the position of Group Managing Director at NIC Bank, leading its expansion.
• Sidian Bank also announced the appointment of two new board members: Prof. Paul Gachanja and Apollo Ong’ara.

NCBA Group's market valuation has soared past KSh 150 billion, reaching a record high due to a sharp rise in its share price. This surge is largely attributed to speculation regarding a potential acquisition by Stanbic Bank Kenya.

• NCBA's share price reached KSh 91.50 on Tuesday, its highest level since the NIC–CBA merger in 2019.
• The bank's market capitalization increased by approximately KSh 26 billion, making it Kenya's third-most valuable bank.
• The speculated acquisition by Stanbic Bank Kenya would create Kenya's third-largest lender by assets.

The Nairobi Securities Exchange (NSE) has partnered with Hedera and Hashgraph to launch the NSE Innovation Lab, aiming to modernize market infrastructure and promote financial inclusion in Kenya's capital markets.

• The partnership is part of the newly launched NSE Innovation Lab, designed to test and scale next-generation financial technologies.
• NSE Chief Executive Frank Mwiti stated the initiative will enable experimentation with technologies like tokenization, digital assets, and decentralized finance.
• This collaboration aligns with NSE's 2025–2029 strategic plan and supports Kenya's goal of becoming a regional fintech hub.