The crux of financial literacy in Kenya and Africa will be when organizations use the widespread internet and mobile penetration to educate young people on creating financial freedom, understanding taxes and fees and exploring different avenues of investment. Brian Myers and Hisa CEO Eric Asuma talk about harnessing social media to grow financial literacy, navigating high risk and high return investments and handling compound interest and debt.
In this episode, Hisa Chief Financial Analyst Felix Ochieng discusses the performance of different Indices, global markets, and top counters for the previous week. Equity turnover rose by 21.69%, with KSh 2.47 billion worth of stock traded last week, while the bond market fell by 22.1% with KSh 17.37 billion worth of bonds traded. NASI gained about 0.93%, closing the week at 165.55 bp, the all-share index fell by 0.07%, closing at 1888 bp, while the NSE 25 gained by 0.73%, closing at 3638.57 bp. The gains in NSE 25 and NASI is because of activity, such as declines in EABL by 2.29% due to upward market correction.
BAT's gained 14.06% following the 2020 results and the 34.3% YoY increase in dividend
Sameer topped the gainers list, gaining 20% in price activity, closing at Ksh 3.60.
NBV YTD gains stand at 8.4%, declining 10% last week.
Gold faced downward pressure because of gains in counters like Bitcoin.
Genghis and Faida Investment maintains its long term hold on Kenya Re.
In this episode, the squad and guests talk about the ongoing vaccine roll out in Africa and how governments tackled the pandemic from different fronts, what it means to have Africans leading multilateral bodies, the concept of brain drain in the continent, the averseness of African governments towards cryptocurrencies at a time where corporates are accepting it as an asset class and SPACs.
In this episode, Rufus Gitau discusses the different type of derivatives including forward contracts, futures, options, and swap contracts. Rufus points out the difference between trading derivatives and equities, and how individuals can make money through derivatives through the two-way market, when the market goes up or down.
Int his Episode, Chief Financial Analyst Felix Ochieng discusses the Safaricom rally which saw the share hitting Ksh 39, a new all-time high, after the interim dividend announcement. The NSE all share index had a good week, gaining 4.4% in activity. NSE 20 and NSE 25 were also up gaining 1.28% and 3.87% respectively. The uptick in indices follows global trends where markets which had taken a toll are waking up. KCB, Equity and Safaricom all trading within the Ksh 35-40 range.
We are likely to see more price action on the positive edge on markets as we approach the earning period for most counters.
Volatility on global markets is pushing activity in emerging markets, hence the uptick in foreign activity locally.
Faida issued a hold recommendation while Genghis Capital issued a buy recommendation for Kenya Re.
NSE Derivatives Risk Manager Geoffrey Radier talks to the Hisa team on the New NSE Derivatives, the nature of the derivative contracts and the value of derivatives compared other asset classes. Geoffrey expounds the relationship between a derivative and its underlying asset what you need to trade derivatives. He also explains why some prefer buying a derivative contract and a stock of the same stock.
In this episode, the squad talks about Central Bank of Nigeria's Crypto Ban and how African countries need to take a friendlier stance on crypto. We also discuss KenGen's dividends and Rebecca Miano's leadership and Kenya Power's entry into the solar power space.
The NSE turnover will continue to increase driven by foreign investment. The new broker connectivity network will improve how fast trades are settled locally which is positive to the market and the NSE. EABL was the top gainer week-on-week. EABL rallied because of corporate investors after the price release, driven by a buying rush after price drop because of its strong fundamentals. The Carbacid-BOC buyout will form a significant player in East and Central Africa but faces numerous hurdles. The coming week will come with significant activity in the banking sector as results come out. Earnings are expected to be lower, but the worst is behind us, with the hope of recovery.
Edith Predorf talks about the different ways to promote trade between Kenya and Austria, how startups in Kenya can benefit from Austrian markets, and improving visibility of business in both countries.
KenGen's results and dividends drove its rally. The shilling is likely to come down during the week, driven by volatility in global markets which might increase foreign inflow in our markets. Safaricom was the top mover last week. However, we are waiting to see the effect of Citi's degrading on the stock due to its regulatory risk. Investor interest in the banking sector is likely to peek as the earnings session start.
In this episode, the squad explores the battle between WallStreetBets and Wallstreet Giants, what it takes to attract retail and millennial investors on the Nairobi stock exchange and how GameStop is a case of decentralizing investment likely to replicate itself.
Kenyan Wallstreet's Eric Asuma talks to MediaPal CEO Maurice Juma on the status of Adtech in Kenya, MediaPal's expansion plans to the rest of the continent, the MediaPal partnership with Twitter, and how programmatic advertising is changing the Adspace.
Mwakaneno talks to insurance experts from Zamara and AiCare on insurance lines that would benefit from Peer-to-Peer Insurance models in Kenya, successes and learnings from P2P insurance implementations globally and how tech can support and improve the delivery of P2P insurance models in Kenya.
Kenya Association of Manufacturers CEO Phyllis Wakiaga talks to Ally Mwakaneno on journey of becoming the Associations' CEO, promoting women businesses in the manufacturing sector and the importance of recognizing the achievements of women.
Safaricom could be a case of profit-taking in the short term, while its long term prospect looks good, considering its previous performance over time and Ethiopian expansion. Kenya's energy segment is ambivalent, with optimism towards given KenGen's plans of selling directly to consumers. On the other hand, there are dim prospects of KPLC, which awaits tariff reviews and suffers huge debt.
Globally, Biden's new tax policies are likely to affect foreign companies' income in the US, which could bring back more foreign players in the foreign market. We are looking forward to a number of companies releasing their results this week.
In this episode, the Kenyan Wallstreet Squad Discussed :
The local and regional market.
The oversubscribed infrastructure bond.
Kenya’s debt service deferment.
Cleantech and EVs.
BlackRock accepting Bitcoin in two funds
Biden’s Inaguration on markets.
Kenyan Wallstreet's Ally Mwakaneno talks to KOA co-founder Delila Kidanu on Kenya's savings culture and challenges in the regional savings space. Delila gives her insights on creating savings products for digital natives and how Koa promotes effortless saving in Kenya and Africa.
Inhouse Chief Financial Analyst Felix Ochieng talks to Kenyan Wallstreet CTO Eric Jackson on what to expect in this week's markets, including Safaricom's bullish prospects until March, gains in Bamburi Cement shares which had earlier declines because of COVID-19 and its performance. They also discuss opportunities in the construction industry, the impact of foreigners exiting KCB and how markets will react after Biden's inauguration.
In this episode, the squad discusses
1. Briter Bridges Funding Report on startups in Africa
2. Safaricom bull run which hit an all-time high and its future
3. Big Tech censorship of Trump
4. Censorship by governments, case in point Uganda.
Kenyan Wallstreet Founder Eric Asuma and Chief Financial Analyst Felix talk about investor long term focus in the global markets, rising profit warnings in Kenyan companies and Safaricom's outlook for 2021.
Pepperstone Head of Research Chris Weston talks about how the COVID-19 Vaccine will speed up the service industry and drive economic recovery in 2021, how Biden's stimulus will repair the US labour market, and the need for education in Cryptocurrency. Chris shares some of the institutional adoptions of Cryptocurrency, the need for education and currencies to watch in the year.
Kenyan Wallstreet Founder Eric Asuma talks to Catherine Musakali, Founding Member at Dorion Associates and Advocate of the High Court on building the capacity of women for board positions, diversity and returns to stakeholders, promoting different voices in company leadership. Catherine also talks about how to recognize and are the achievements of women, and inspire the younger generations.
Kenyan Wallstreet CTO Eric Jackson talks to Addlestone PR Founder and CEO Kendi Perpetual on the importance of storytelling for brands, how COVID-19 has changed the public relations, leveraging tech for public relations and innovations for low-cost public relations communication in Africa.
Kenyan Wallstreet Founder Eric Asuma talks to Money Wise Founder and Faida Investments Director Rina Hicks, on the status of savings and investment in Kenya, how to invest at a time of crisis, mistakes when making investment decisions, picking out between different investment instruments, and some of the red flags investors can watch out for.
Our Chief Financial Analyst Felix Ochieng talks to Johannesburg Stock Exchange CEO Leila Fourie on promoting trust in exchanges, the challenges faced in running exchanges, developing avenues for Pan African investment, promoting sustainable development, and plans for the JSE to introduce a private market in the infrastructure and SME space as exchanges globally recover from the Coronavirus.
Michael Koech, Manager responsible for Climate and Environmental Management at Safaricom, talks to Mwakaneno on how Safaricom's recent ISO Certifications help the company deliver quality services to its customers and protect the different products' reputation and how the ISO certifications translate to better product experience through fostering continuous improvement.
Ally Mwakaneno talks to AI Care CEO Arthur Mulwa on how pay per kilometre and Pay when you drive will cut claims for insurers, and premiums for clients, using Ai algorithms to detect accidents will automated ambulance dispatch and improve road safety.
Kenyan Wallstreet CTO Eric Jackson talks to Caroline Gorski, Global Director at R² Data Labs on how to achieve a symbitoic relationship between humans and AI, attaining unsupervised learning and promoting global representation towards advancing AI
Ally Mwakaneno talks to Bricklane Capital LLP Managing Partner Ibrahim Karuthiru on the various platforms to invest in offshore stocks, and the difference between managed accounts and individual accounts.
In this episode of the Kenyan Wallstreet Podcast, Eric Asuma from Kenyan Wallstreet chats with Brian Myers, who is CEO of Equiti Capital, which is part of the FCA regulated arm of global FX and CFDs brokerage Equiti Group.
In February 2018 the Equiti Group, through its Kenyan subsidiary EGM Securities, became the first online forex broker to receive a license from Kenya’s Capital Markets Authority (CMA) and opened a full-service regional office in Nairobi, Kenya in July 2018, trading as FX Pesa.
Key highlights from this podcast;
- How the virus changed the world of financial markets
- Brian Myer's top trades for 2020
- 2020 Recap & how covid accelerated online trading in Africa
- Financial literacy
- Exciting things that Equiti has in store in 2021 including expansion into South Africa
- Brian's top trades that he will be keenly watching in 2021
In Kenya and Nigeria, digital lenders have important decisions to make with very little data. So one of the things CARMA does is to convince these lenders to contribute their own data to its database. This way, all the lenders in a country can easily
The Kenya banking sector has today reaffirmed its commitment
to enhance service delivery for Persons living With Disabilities (PWDs) as part of its long-
term strategic objective to entrench financial services across the country. This follows the
official release of the Persons With Disabilities (PWD) Pilot Project Report by the Central Bank
of Kenya Governor, Dr. Patrick Njoroge, today during a virtual event that brought together
banking industry players and partners.
Ally Mwakaneno talks to AI Care CEO Arthur Mulwa on how AI Care telematics is reducing fraud and therefore losses in motor insurance, using telematics to customize pricing and improving accident response time using automated systems.
Africa's talent pool has yet again produced an innovation, Solar Workstations. Join Nyawira Thairu whose curiosity on Twitter landed her on Solar Pocha's innovation which utilizes one of Africa's rich resources, solar, to power a workspace of 8-10 people in an open space. The workspace is also creatively designed to be wheelchair accessible making it all-inclusive.
Mövenpick Hotel & Residences Nairobi has partnered with the world’s leading cognac maker, Hennessy to mark the beginning of the festive season at the Hotel’s Kijani restaurant in an event to also celebrate and reflect on the unpredictable year 2020 has been. The collaboration with Hennessy is much anticipated as it will majorly feature new ways to make cocktails -a much-needed kind of culinary experience to not only entertain guests but also have them end the year in style. Movenpick on its side is also set to entertain guests with a series of feasts as the festive season kicks in, with celebrations such as the corporate end of year parties and Christmas eve celebrations at its unique one of a kind rooftop restaurant, The View. Other feasts on the line up to entertain guests include Christmas day brunch and New year’s eve party
Kenyan Wallstreet Resident Economist Prince Muraguri talks to Nate Peterson, Vice President of Partnerships at the Busara Center for Behavioral Economics on how businesses can leverage on behavioural economics to better understand the changing customer experience and customer journey in the COVID-19 era.
Kenyan Wallstreet's Ally Mwakaneno talks to Bricklane Capital Managing Partner Ibrahim Karuthiru on whether on the differences between managing an investment directly and using a stockbroker, the pitfalls of savings and how investment portfolios reflect their owners.
Kenyan Wallstreet's Ally Mwakaneno talks to Ibrahim Roy Karuthiru, Managing Partner at Bricklane Capital LLP on where to start if you want to invest offshore, how the domestic market compares to offshore markets, and the requirements for opening an offshore investment account.
Kenyan Wallstreet CTO Eric Jackson talks to Caroline Gorski, Global Director of R² Data Labs on how human beings should treat AI, balancing human ingenuity and creativity with the use of AI and potential areas of AI application in the African continent.
Why is it important to create a framework of AI ethics to guide AI decisions? Kenyan Wallstreet CTO Eric Jackson talks to Caroline Gorski, Global Director of R² Data Labs on how to ensure fairness in Artificial Intelligences through mitigating possible biases in AI outcomes based on the transparency of data and models.
Kenyan Wallstreet CTO Eric Jackson talks to Caroline Gorski, Global Director of R² Data Labs on the importance of promoting trustworthy Artificial Intelligence to offer assurance that self-taught algorithms behave as should throughout the life of an AI. Caroline further answers the question of how to prevent Algorithmic drift in the AIs.
Ally Mwakaneno talks to MultiChoice Talent Factory Director and 3 times Juror at International Emmy Awards Njoki Muhoho on what Multichoice and Kenya Film Commission (KFC) partnerships are doing to improve local talent in the film industry, the impact of investments in local film talent, why Kenyan films are missing out on international awards, and the future of the Kenyan film industry.
Kenyan Wallstreet's Ally Mwakaneno talks to Mercy Ndegwa, Head of Public Policy, East and Horn of Africa at Facebook about the Facebook Marketplace, a C2C platform that allows individuals to discover, buy and sell goods online. Ally and Mercy discuss its benefits to small businesses in Kenya and Ethiopia, promoting trust on online shopping platforms and the possibility of partnering with local payments players with the platform.
The Kenya Bankers Association #CEOCHAT forum kicked off early Friday morning under the theme Banking Industry Growth and Consolidation Trends Amid Heightened Uncertainty. My Chat with a Bank CEO is a forum by Kenya Bankers Association where Bank CEOs engage social media users on topical issues in the banking industry with today’s forum hosting NCBA Group CEO John Gachora.
Kenyan Wallstreet's Wandiri Gitogo talks to Anne Kabugi, IFC's Regional Gender Lead in Africa on the status of Gender Equality in top leadership in Kenya's financial services, barriers to women businesses and what the IFC is doing to support female entrepreneurs.
Group CEO and Managing Director at Diamond Trust Bank Nasim Devji Remarks at the Virtual Leading Women in Banking & Finance Conference on 16th October 2020. In this podcast;
- Nasim Devji shares her remarkable story of how she group up in Tanzania before going for studies in the UK
- Her career journey as she rose up to the ranks to become the CEO of DTB
- Her top tips to help women navigate the workplace
- How the pandemic has affected the Banking Industry and what the future looks like
Kenyan Wallstreet CTO Eric Jackson talks to the two CEOs on a recent $3 million loan for 25,000 small businesses in Kenya, how data analytics is supporting leading towards retailers in fast-moving goods, and partnerships, and providing customer-centric solutions through partnerships.
Kenyan Wallstreet's Wandiri Gitogo speaks to Rekha Mhango, Deputy Governor Bank of Zambia ahead of the Africa Regional e-Conference for Leading Women in Banking and Finance. Register for the event: africaleadingwomen.com
Kenyan Wallstreet's Ally Mwakaneno engages Dr. Nancy Onyango, Director, Office of Internal Audit and Inspection at the IMF on global best practices for gender equality, books that she enjoys, the importance of highlighting impact and achievements, the flaws of gender neutrality and how societal norms fuel bias.
The Kenyan Wallstreet's Ally Mwakaneno talks to Equity Group Holdings Director for Subsidiaries Mary Wamae on her experience as a female Director, balancing family roles, social life and careers, and how businesses take advantage of opportunities that come in crises.
Kenyan Wallstreet's Mwakaneno Gakweli talks to Vision Board Coach, Brand Consultant and Entrepreneur Emily Kinuthia on why having a visual representation of goals works better than writing them down, how to create a vision board and its importance.
Kenyan Wallstreet's Ally Mwakaneno and Liquid Telecom's Ben Roberts discuss the status e-learning during COVID-19, partnerships between Schools Edtechs and ISPs and the future of e-learning after the pandemic.
Kenyan journalist Sharon Momanyi Chats with Morgan Housel, a partner at Collaborative Fund and a former columnist at The Motley Fool and The Wall Street Journal. Author of the book The Psychology of Money. Podcast by Abojani.
Interview with Agatha Juma ahead of the Africa Regional Leading Women in Finance and Banking by The Kenya Bankers Association. Ms Agatha Juma is an experienced coach and trainer on communication and storytelling for business. Visit https://www.africaleadingwomen.com/ for more information about the conference.
In this episode of the Kenyan Wallstreet Podcast, our Resident Economist Prince Muraguri holds an insightful discussion with two economists from Renaissance Capital: Charles Robertson(Global Chief Economist) and Yvonne Mhango (Head of Research - Sub-Saharan Africa; Sub-Saharan Africa Economist).
In this episode, you’ll discover: 03:50: Africa has been less vulnerable to COVID-19 due to age dynamics.
08:28: East African countries perform well in the Renaissance Capital’s composite resilience score ranking.
12:41: Higher bond yields in emerging economies in the new decade will likely attract investors to emerging markets.
17:10: Kenya’s GDP projected to grow at 1.5%.
20:15: The link between fertility rates and domestic borrowing rates.
26:14: Kenya’s trade balance dynamics.
29:37:The U.S. Presidential election and the KSH/USD exchange rate.
33:25: More on the Kenyan Shilling - is it misaligned from fair value?
35:43: Key take-aways from the macro panel discussion at the 6th Annual Virtual East Africa Investor Conference.
Learn more about Renaissance Capital on their website
Connect with Charles Robertson on Twitter
Connect with Yvonne Mhango on Twitter
Kenyan Wallstreet’s CTO Eric Jackson hosts the Global Director at Rolls-Royce’s R2 Data Labs, Caroline Gorski, as they explore the topic of Artificial Intelligence.
What is Artificial Intelligence? And what learning can we take from over 30 years of power engines monitoring at Rolls-Royce to help solve problems during a Global Pandemic?
They also explore how Africa can take advantage of the Fourth Industrial Revolution. Stay tuned for more episodes on AI.
Kenyan Wallstreet Senior Editor Miriam Wangui speaks to Rose Ogega on the status of women in leadership in Kenya, uplifting young women, female role models, leadership succession in Kenyan companies and corporate conflict resolution during remote working.
Interview with Stanbic Bank Kenya CEO Charles Mudiwa ahead of the Africa Regional Leading Women in Finance and Banking by The Kenya Bankers Association. Visit https://www.africaleadingwomen.com/ for more information about the conference.
Ally Mwakaneno talks to KBA's Public Affairs Director Nuru Mugambi on the status of gender equality in leadership in Kenya's Banking space. Nuru also shares the immense benefits that banks and other financial institutions accrue from having more women in boards. She closes with advice to young women who want to scale the corporate career ladder.
Kenyan Wallstreet's Ally Mwakaneno talks to Liquid Telecom Chief Digital Officer David Behr on the status of cybersecurity in Africa, and how COVID-19 has accelerated threats to companies as people continue to work from home and the future of cybersecurity
A conversation between Kenyan Wallstreet's Ally Mwakaneno and Lindelwa Farisani, Head of Equity Advisory Sales at UBS South Africa and Eisenhower Fellow on cultural and policy changes necessary to promote a gender-inclusive leadership in companies.
In this podcast, we sit with Yvonne Kagondu, the Kenya Community Coordinator at Paxful. She sheds light on how women can plug into the cryptocurrency space, and career opportunities available for them in this field.
Interview with Kenya Bankers Association CEO Dr Habil Olaka ahead of the upcoming Africa the Africa Regional e-Conference for Leading Women in Banking and Finance on 15th and 16th October 2020. For more information about the e-conference, please visit https://www.africaleadingwomen.com/
In this episode, we sit with Dr. Diane Karusisi, the CEO of the Bank of Kigali. Dr. Diane will be one of the panelists participating in the Africa Regional e-Conference for Leading Women in Banking and Finance organized by the Kenya Bankers Association and will take place on the 15th and 16th October, 2020. Register here: https://www.africaleadingwomen.com/
In this podcast, we had an interview with Modibe Matsepane, the Community Coordinator for Africa at Paxful. Modibe shared his insights on the use cases of Bitcoin that are most suited for the African continent.
The Monetary Policy Committee of the Central Bank of Kenya met on June 25th to discuss the stance of the monetary policy in Kenya. This podcast reads out the official press release of the MPC Statement
In this podcast, we had an insightful discussion with four experts from PWC Kenya to unpack the 2020 Finance Bill. We held a multi-faceted discussion around the bill and conversed about the proposals contained therein. The panelists from PWC Kenya included Titus Mukora, Joseph Githaiga, Maurice Mwaniki and Edna Gitachu. The podcast was hosted by our resident economist Prince Muraguri.
Nendo, a digital growth consultancy, has released a report on the Impact of COVID-19 on consumers and corporates in Kenya. The report covered sectors including Retail, Financial services and payments, Connectivity, Education, Entertainment, Food and supplies, mobility, communications, healthcare and Income generation.
On Wednesday 27th May, the Monetary Policy Committee (MPC) of the Central Bank of Kenya had a meeting to go over the monetary policy stance. This podcast goes over the press release of the Monetary Policy Committee meeting to highlight the key communications contained therein.
In the recently released Kenya Economic Update, the World Bank reported that Kenya’s Gross Domestic Product growth rate will shrink to 1.5 percent. In this podcast, our resident economist, Prince Muraguri, has constructed a summary of the Kenya Economic Update and discussed some of its key highlights
Credit Information Sharing (CIS) is a process where credit providers (such as banks, microfinance institutions, saccos, etc.) exchange information on their outstanding loans and advances through licensed Credit Reference Bureaus (CRBs). The CRBs are licensed by the Central Bank of Kenya. Through CIS, a lenders accesses reports from the CRB which informs them about the repayment patterns of a borrower. In other markets, CIS is also referred to as Credit Referencing or Credit Reporting, among other terms. In Kenya, as per the Credit Reference Bureau Regulations 2013, commercial and microfinance banks are mandated to share information on their entire loan books, meaning both up to date and late (overdue) repayment details of a borrower are shared. This data is submitted electronically on a monthly basis to the CRBs.
The Affordable Housing Programme is an initiative by government as one of the pillars under the ‘Big 4 Agenda’ which ensures that low and middle income households have access to decent and affordable housing units. More Information at bomayangu.go.ke
Clear Blue Technologies International, the Smart Off-Grid company, combines green energy with the proven advantages of communications and cloud technology to power and control off-grid lighting, security and mobile solutions.
The Panafrican Group operates in various countries across Africa where they are recognized leaders in providing Komatsu, Wirtgen and AGCO equipment and aftersales support solutions to the the large mining, light and alluvial mining, cement and aggregates, civil and infrastructure, power and energy, and agriculture and forestry sectors.
1.African Development Bank (AfDB) Approves KSh23.8 Billion Loan for Expansion of Kenya’s Great North Road. 2. Dr. Caesar Mwangi Appointed CEO of ICEA LION Insurance Holdings. 3.Renault Trucks Opens Assembly Plant in Thika 4.New Credit Reference Bureau opens in Kenya
1.Kenya and Singapore exploring prospects for direct flights 2. BAT Kenya appoints new shares Registrars 3. Safaricom bags 2019 Employer of the year 4.Fish Imports from China to continue 5. Eddy Njoroge appointed ISO president
The International Air Transport Association is a trade association of the world’s airlines. Consisting of 290 airlines, primarily major carriers, representing 117 countries, the IATA's member airlines account for carrying approximately 82% of total available seat miles air traffic.
Copia is one of the fastest growing enterprises in Kenya, who aim to make living easier - everyday, by delivering underserved consumers and their communities the choice, convenience and opportunity they deserve through a network of digitally-enabled Agents located close to their home.