T
Originally published by The Standard BusinessJuly 7, 2026
3h ago
The grand return: South African corporates back in droves despite historical fail

A recent multi-billion-shilling deals signal, renewed investor confidence despite previous exits by South African firms...
✨ Key Highlights
South African corporations are making a significant return to Kenya, announcing over Sh400 billion in acquisitions and stake increases within a seven-month period.
- Recent deals involve Nedbank acquiring NCBA, Absa Group increasing its stake in Absa Bank Kenya, and Vodafone boosting its holding in Safaricom.
- Zaad International, now owned by a consortium including Phatisa and South Africa's Government Employees Pension Fund, has increased its stake in East African Seed Company from 40% to 100%.
- This marks a substantial wave of South African investment in major Kenyan companies, indicating renewed confidence despite previous challenges.
Continue Reading
Read the complete article from The Standard Business
Advertisement
Related News
Advertisement





