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I&M spends Sh1bn to acquire extra 17pc stake in Tanzanian subsidiary

The lender increased its holding through a capital injection and the buyout of minority shareholders, signalling confidence in Tanzania’s banking sector.

Raccontata dabusinessdailyafrica.com

Timeline cronologica

  1. giovedì 28 maggio 2026·businessdailyafrica.com

    I&M adds 355 jobs as Kenya expansion drives hiring spree

    The lender expanded its workforce and branch network across East Africa as customer numbers and profits continued to grow.

  2. venerdì 29 maggio 2026·businessdailyafrica.com

    I&M spends Sh1bn to acquire extra 17pc stake in Tanzanian subsidiary

    The lender increased its holding through a capital injection and the buyout of minority shareholders, signalling confidence in Tanzania’s banking sector.