Charles Mwaniki

Dollar investors in blue chip stocks at the Nairobi Securities Exchange (NSE) earned a return of 18.8 percent in the first half of the year, nearly

South Africa's multinational Absa Group is putting pressure on its Kenyan unit to raise more income from non-lending activities in order to reduce the impact of falling interest rates on earnings.

The upward pressure on interest rates is expected to ease after progress in peace negotiations between the US and Iran pulled oil prices to a four-month low, allaying fears of prolonged high inflation.

Wealthy investors in the stock market have booked Sh39.51 billion paper gains on their shares at the Nairobi Securities Exchange (NSE) in the past

Safaricom's parent Vodacom Group last month completed the acquisition of an additional 15 percent stake in the company for Sh204.3 billion.

Disclosures by the Capital Markets Authority (CMA) in its 2024/2025 annual report show that the fund's interest income from investments such as bonds and Treasury bills grew by 25 percent to Sh845.96 million in the period.

Samurai financing refers to debt denominated in Japanese yen and subject to Japanese regulations.

Safaricom has disclosed that its co-investors in its Ethiopia subsidiary retain the right to buy back the 2.78 percent stake they lost when it made an equity investment in the unit in the year to March 2026.

Unit trusts, particularly money market funds, have grown in popularity among Kenyans seeking professionally managed investment products.

Kenya's Gulf Energy will pay Tullow Oil $9 million (Sh1.16 billion) for the British firm to give up rights to future royalties of $0.5 (Sh65) per barrel and repurchase of shares in the Turkana oil project.