Enwealth Trustees Services Limited has been granted approval by the Capital Markets Authority (CMA) to operate as a licensed corporate trustee in Kenya.

• This approval expands the number of firms offering fiduciary oversight in Kenya's capital markets.
• The organization involved is Enwealth Trustees Services Limited, a subsidiary of Enwealth Group.
• The company, founded in 2011, manages approximately $900 million in assets and serves over 200 corporate clients.

Ulwazi Place in Nairobi has expanded its facilities, adding a new conference wing to capitalize on Kenya’s growing conference tourism market and positioning it as a regional hub for MICE tourism.

• The upgraded facility can now host over 1,000 guests.
• Key organizations involved include Ulwazi Place, managed by Trianum Hospitality, and within the African Population and Health Research Center (APHRC) campus.
• This expansion supports Kenya's "Experience Wonder" tourism strategy, aiming to attract 5.5 million international visitors annually by 2027.

Absa Bank Kenya has reported a Sh5.3 billion profit after tax for the first quarter ending March 2026, driven by growth in customer deposits and balance sheet expansion despite economic challenges.

• Absa Bank Kenya posted a profit after tax of Sh5.3 billion.
• The bank's total assets grew 10 percent to Sh571.3 billion, with customer deposits up 8 percent to Sh399.1 billion.
• Chief Executive Officer Abdi Mohamed highlighted the bank's focus on supporting customers through economic pressures, while diversifying revenue streams and investing in digital platforms and sustainability initiatives.