Absa Group to raise stake in Kenyan unit to 72%; Equity Bank reports half year results

Equity Group Holdings to release its half year earnings report this morning before markets open.
Absa Group will raise its stake in Absa Bank Kenya to about 72 per cent after buying 189.4 million shares in a tender offer at Sh34.50 each.
Minority shareholders tendered 189,981,668 shares, of which 189,380,644 were accepted, representing about 21 percent of the maximum number of shares targeted in the offer.

13 Aug 2509:06
Dominic Grainger exits Scangroup's board
Mr. Dominic Grainger resigned from WPP Scangroup's board effective 31st July 2025 after serving on the company's board since 2018. His exit from the board comes following his resignation as CEO, WPP Specialist Communication (UK).
WPP Scangroup has made leadership changes recently that saw Patricia Ithau exit as CEO with Miriam Kaggwa taking over as Interim CEO. The company is looking to fill the CEO position having posted the vacancy to potential candidates earlier this week.