Uber is set to acquire Glovo's parent company, Delivery Hero, in a deal valued at approximately €13.0 billion (roughly $14.8 billion). This acquisition means Uber will own both Glovo and Uber Eats in Kenya.

• Uber is acquiring Delivery Hero's operations in 50 markets, including Kenya.
• The deal, announced on 16 July 2026, is expected to close in the second half of 2027 pending regulatory approval.
• In Kenya, Glovo is the largest food and grocery delivery app, while Uber Eats also operates, making this a significant consolidation for the Kenyan market.

Airtel Money has transitioned its Rudishiwa transaction rewards from airtime top-ups to cashback deposited into a new Bonus Wallet. This shift, yet to be formally announced by the telco, offers greater flexibility to users.

• Rewards are now received as cash in a separate Bonus Wallet, rather than airtime.
• The new system, discovered through menu exploration, applies to sending money to other networks, Paybill, and bank-to-Airtel Money transfers, refunding 50% of transaction fees.
• The cashback in the Bonus Wallet is now reportedly withdrawable into the user's main Airtel Money account.

Stanbic Bank Kenya has appointed Michael Mutiga as its new chief executive officer, succeeding Abraham Ongenge who has been acting CEO.

• Mutiga, formerly Chief Business Development and Strategy Officer at Safaricom, will officially take over on August 1, 2026, pending regulatory approval.
• He brings extensive experience from a 15-year tenure at Citibank and previous roles at Barclays (now Absa).
• Mutiga's background in both banking and the telecommunications sector reflects the evolving landscape of financial services in Kenya, with Stanbic looking to leverage his expertise in digital finance and strategic partnerships.