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Zenith Bank Enters Kenya Market with Paramount Bank Acquisition, Expands East Africa Footprint

Nigeria’s leading financial institution, Zenith Bank Plc, has officially entered the East African market after completing the full acquisition of Kenya-based Paramount Bank Limited. The landmark move signals a major push in the bank’s pan-African expansion strategy and strengthens its…

  • Published by ttybrandafrica
  • April 8, 2026
Johann Rupert sells $296M worth of FirstRand shares as Remgro accelerates portfolio reshuffle.
  • News

South Africa’s Richest Man Johann Rupert Sells $296M Stake in FirstRand Bank

South Africa’s richest man, Johann Rupert, has sold a major stake in one of Africa’s largest banks, FirstRand, through his investment company, Remgro. The firm disposed of 52 million shares, raising approximately R4.88 billion ($296 million). The sale forms part…

  • Published by ttybrandafrica
  • March 12, 2026

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