Safaricom Launches Share Trading via M-Pesa; Nedbank to Acquire NCBA Stake - February 2026

Safaricom has launched Ziidi Trader, a new mobile-based share trading platform integrated into its M-Pesa app. This allows Kenyans to buy and sell shares on the Nairobi Securities Exchange (NSE) directly from their phones. Meanwhile, the GEMA Cultural Association has urged Members of Parliament to prioritize local investors in the planned sale of the government's 15 percent stake in Safaricom. In another major financial development, South African lender Nedbank announced it will acquire a 66 percent stake in NCBA Group. Nedbank has assured that it will retain all NCBA Group employees following the proposed acquisition.

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Tuesday 1:06 PMCapital Business

Nedbank to retain NCBA employees after takeover

Nedbank, a South African lender, has announced it will retain all NCBA Group employees following its proposed acquisition of a 66 percent stake in the Kenyan lender. This assurance aims to maintain job security for NCBA's staff during the transition period.