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Magufuli ghosts return to haunt Kenyan firms as bid to crack TZ flops

KCB Group might have taken the wrong path to regional banking supremacy. The Tanzanian route is somewhat jinxed.

South sudanUnited statesUnited kingdomNairobi areaDar es salaamCity ofAtlas maraKunal ajmeraJohn magufuliJoshua oigaraElijah munyiQuality centre dar es salaamUnited states international universityAfrica communityKcb groupAfrican banking corporation tanzania bancabc

KCB acquisition of Tanzanian bank flops

KCB terminates acquisition of African Banking Corporation Tanzania citing regulatory approval hurdles.

Atlas maraBob diamondAfrican banking corporation tanzania limited bancEquity bank groupBarclays plcLondon listed atlas mara limitedBanque populaire du rwandaAfrican banking corporation tanzania limitedEast africanAtlas maraAfrican banking corporation tanzaniaBank acquisitionBancabc tanzania

KCB acquisition of Tanzanian bank flops

KCB terminates acquisition of African Banking Corporation Tanzania citing regulatory approval hurdles.

Atlas maraBob diamondAfrican banking corporation tanzaniaAfrican banking corporation tanzania limited bancEquity bank groupBarclays plcLondon listed atlas mara limitedBanque populaire du rwandaAfrican banking corporation tanzania limitedEast africanAtlas maraBank acquisitionBancabc tanzania

KCB doubles profit in third quarter to $225m, buoyed by regional units

The lender registered strong performance in Kenya, Uganda and Rwanda as loan book surged 12 percent to $6.41 billion .

South sudanNairobi areaJoshua oigaraKenya commercial bankNational bankBank rwandaNairobi securities exchangeCommercial bankBanque populaireKenya commercial bankOrganic growthUnaudited financial statementsNet profitInterest on loansForeign exchange tradingNational bank of kenya

KCB completes acquisition of Rwandan bank

The acquisition is set to give KCB a larger footprint in retail banking in Rwanda.

City ofUnited kingdomAtlas maraJoshua oigaraTanzania development finance companyEquity bank groupBanking corporation tanzania bancBank rwandaBanque populaireBanking corporation tanzaniaAtlas mara limitedKcb group chief executive joshua oigaraBanque populaire du rwanda

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