Co-operative Bank of Kenya has announced plans to restructure into a non-operating holding company, to be known as "Co-opbank Group PLC", pending necessary approvals.

• The listed entity will become the holding firm, while a new subsidiary, Co-op Bank Kenya Limited, will conduct banking operations.
• Co-operative Bank of Kenya, led by Managing Director Gideon Muriuki, aims to enhance operational efficiency and position the group for growth.
• Investors are cautioned to exercise care when trading shares on the Nairobi Securities Exchange due to the ongoing approval process, which includes shareholder and regulatory consent from the Central Bank of Kenya and the Capital Markets Authority.

Sanlam Allianz Holdings has reported a 2.4 per cent increase in profit after tax to Sh838.0 million for FY 2025, despite facing headwinds from volatile investment returns.

• Sanlam Allianz Holdings posted a profit after tax of Sh838.0 million, a 2.4 per cent increase.
• The insurer's earnings per share (EPS) plunged by 69.9 per cent to Sh2.01, largely due to a 22.5 per cent fall in investment returns.
• The Board did not recommend a dividend payout for the year, prioritizing capital preservation amidst earnings volatility.

The value of mobile money transactions in Kenya has fallen to a 34-month low, reaching Sh633.35 billion in February. This marks the lowest point since April 2023, signaling a significant shift in payment patterns.

• The total value transacted by mobile money agents, including those linked to banks and telecommunications firms, was Sh633.35 billion in February.
• Data is from the Kenya National Bureau of Statistics (KNBS).
• This decline is attributed to a changing payment landscape, increased tax effects, and reduced consumer spending power due to higher statutory deductions, such as the NSSF contributions.