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Absa Kenya Q1 profit drops 13.8% on lower rates and reduced lending income

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NTV Kenya (Youtube)
May 28, 2026
1mo ago
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Civil Society Criticises Judges Retirement Benefits Act 2025 - May 2026

Kenyan civil society organizations are expressing strong disapproval of the Judges Retirement Benefits Act 2025, calling for immediate amendments or a complete repeal of the legislation. President William Ruto has pledged to accept the results of the 2027 presidential election and has refuted allegations of any plans to rig the upcoming polls. Separately, Absa Kenya has reported a 13.8% drop in its first-quarter profit, attributed to the impact of lower interest rates and a decrease in lending income.

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