NSE 25 drops 32.85% as CBK clears Nedbank bid for up to 66% of NCBA
The NSE 25 closed at 2,742.64, down 32.8515% on Sept. 1, 2026. The Central Bank of Kenya approved Nedbank’s acquisition of a stake of up to 66% in NCBA Group, according to TechAfrica News and People Daily. The NCBA transaction led banking headlines over 2 days, with confirmation on Aug. 31 followed by approval reports on Sept. 1, according to the 2 outlets. Separately, HFCB Group shares were halted by the NSE after a results release, Serrari Group reported.
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