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Kenyan Wallstreet

Kenyan Wallstreet

By kenyanwallstreet@anchor.fm
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Re-imagining Business Operations through Behavioural Economics

Kenyan Wallstreet

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Dr. Ophelia Inez Weeks on the Role Women in Africa Play in Building the Economy
In this episode, Nuru Mugambi interviews Dr. Ophelia Inez Weeks, Executive Director and Board Secretary, Ellen Johnson Sirleaf (EJS) Presidential Center for Women and Development as they explore the role women in Africa play in building the economy. The EJS Center aims to amplify the voice of women and girls in all spheres of life by increasing the representation of women in public service leadership roles in Africa.  Through a unique blend of programming, advocacy, archival research, and museum exhibitions, the EJS Center seeks to become a premier institution dedicated to advancing and sustaining women’s political and social development on the continent. The EJS Center (https://www.ejscenter.org) is a partner of the 2022 Angaza Awards happening on 8th June 2022. Register to attend the event here: https://lnkd.in/gjUrpBX7 Podcast Host: Ms. Nuru Mugambi, Founder Kaleidoscope Consulting Guest: Dr. Ophelia Inez Weeks, Executive Director and Board Secretary, EJS Presidential Center for Women and Development Production: Rawlins Hamisi
40:50
June 06, 2022
Old Mutual's Tabby Tsengiwe on the Role Women in Africa Play in Building the Economy
In this episode, Nuru Mugambi interviews Tabby Tsengiwe, General Manager of  Public Affairs & Communication at Old Mutual Limited as they explore the role women in Africa play in building the economy. Old Mutual (www.oldmutual.com) is a sponsor of the 2022 Angaza Awards happening on 8th June 2022. In addition to sponsoring the awards, Old Mutual is supporting the Top 10 through mentorship and profile building. Register to attend the event here: https://lnkd.in/gjUrpBX7 Podcast Host: Ms. Nuru Mugambi, Founder Kaleidoscope Consulting Guest: Tabby Tsengiwe, General Manager of  Public Affairs & Communication at Old Mutual Limited Production: Rawlins Hamisi
19:18
June 06, 2022
Sanlam's Jacqueline Karasha on Global and Pan-African Trends in Insurance
In this episode, Ms Salome Mboya interviews Jacqueline Karasha, Head of Corporate Business, Sanlam Life Insurance Ltd. Kenya as they discuss: global and Pan-African trends in insurance what it takes to succeed in the insurance sector Jacqueline Karasha is a 2022 Top Woman to Watch in Banking and Finance by Angaza Awards. When Jacqueline Karasha joined Sanlam Kenya in 2016, she was tasked with turning around the Corporate Business’s performance which had been on a steady decline in terms of revenue and profitability.  The 2016 Full Year revenue stood at USD 17mn and the company’s market position had declined from 1st to 8th. Through effective strategic planning, Jacqueline diversified the firm’s distribution channels to include Bancassurance and Digital channels, and re-engaged key intermediaries in the market. She revamped the client service model to enhance retention and implemented a high performance culture within the team, introducing goal setting, performance management and frequent feedback sessions. As at December 2020, the revenues of the Corporate Business reached USD 35mn, up from USD 22mn in December 2019.  The remarkable performance helped cushion the Sanlam Kenya business from the economic shocks that were experienced in the market due to the COVID pandemic. Podcast Host: Ms. Salome Mboya, Youth Programs Associate, Hisa Inc Guest: Jacqueline Karasha – Managing Director, Head of Corporate Business, Sanlam Life Insurance Ltd. Kenya Production: Rawlins Hamisi
24:28
June 05, 2022
EAVCA's Eva Warigia on Democratizing Investment as a Financial Inclusion Priority
In this episode, Ms Marita Obare interviews Eva Warigia, Managing Director, East Africa Venture Capital Association (EAVCA) as they discuss: democratizing investment as a financial inclusion priority role of financial literacy in growing Africa's capital markets Podcast Host: Ms. Marita Obare, Co-founder Ngazi, an on-transit advertising platform for small businesses in Kenya. Guest: Eva Warigia – Managing Director, East Africa Venture Capital Association (EAVCA) Production: Rawlins Hamisi
21:48
June 03, 2022
World Remit's Sharon Kinyanjui on Global and Pan-African Trends in Cross Border Payments
In this episode Leah Wamugu interviews Sharon Kinyanjui as they discuss: global and Pan-African trends in cross border payments her career in digital payments and what it takes to succeed as a regional business & technology leader Sharon Kinyanjui is the first woman to direct WorldRemit’s operations across 70 countries, of which 42 countries are in Africa. The region she is responsible for driving the strategic direction of, identifying new markets, and optimizing financial performance is one of the largest contributors to WorldRemit’s global revenues and gross profit. She has been instrumental in leading the charge and being the first International Money Transfer Organization (IMTO) to provide a completely new payout currency (USD pay-out) for customers sending payments to Nigeria. Sharon serves on the board of five WorldRemit entities in South Africa, Rwanda, Uganda, Tanzania and Kenya. Podcast Host: Leah Wamugu, Finance Analyst and Writer, The Kenyan Wallstreet Guest: Ms Sharon Kinyanjui, Regional Director - EMEA (Europe, Middle East & Africa), WorldRemit Ltd Production: Rawlins Hamisi
24:22
May 29, 2022
Fluent in Tax - Episode 1 - Implications of the Finance Bill 2022
Fleunt in Tax is a new show birthed out of a collaboration between Kenyan Wallstreet and Ushuru.co.ke. In this episode Eric Jackson speaks to John, a tax expert from Ushuru.co.ke as they break down: implications of the news Finance Bill 2022 how the new taxes will affect individuals and small businesses the various timelines before the bill becomes and act and is potentially turned into law what you can do to suggest changes to the bill Ushuru.co.ke is a boutique tax consultancy firm that helps Kenyans, both in the country and in the diaspora, to understand and file their taxes. If you need help filing your taxes, please visit https://ushuru.co.ke and you will be assisted. Podcast Host: Eric Jackson, co-founder Kenyan Wallstreet & Hisa  Guest: John, Tax Expert Ushuru.co.ke Production: Rawlins Hamisi
01:02:55
May 29, 2022
Faida Investment Bank's Rina Hicks on Democratizing Investment as a Financial Inclusion Priority
In this episode, Ms Marita Obare interviews Rina Hicks as they discuss: democratizing investment as a financial inclusion priority the role of financial literacy in growing Africas capital markets what it takes to succeed as a woman in Investment Banking Rina Hicks was named a 2022 Top Woman to Watch in Banking and Finance by the Angaza Awards. Rina Hicks directs the Corporate Finance Advisory unit at Faida Investment Bank, and serves as the Operations Director responsible for firm-wide strategic planning and processes in Kenya and Rwanda. She has led the firm in carrying out several capital market transactions over the past five years, including cross listings, rights issues, fairness opinions, mergers and acquisitions, take over transactions and general capital raises in Kenya, Rwanda and Uganda. She has led the firm’s growth, garnering a seven-fold increase in revenues since 2017. Some notable transactions over the past two years under her steer include Nation Media Group’s share buyback which was the first ever share buyback in East Africa; I&M Bank Rwanda’s rights issue; and RH Bophelo’s cross listing on the Rwanda Stock Exchange from the Johannesburg Stock Exchange. In 2019, Faida served as the Independent Financial Advisors on the NIC Group PLC and CBA Group Limited merger, the largest merger ever in the country’s banking industry. Podcast Host: Ms. Marita Obare, Co-founder Ngazi, an on-transit advertising platform for small businesses in Kenya Guest: Rina Hicks, Operations Director, Faida Investment Bank Ltd Production: Rawlins Hamisi
22:22
May 25, 2022
Equity Group's Gakii Mwongera on Global and Pan-African Trends in Cross Border Payments
In this episode, Ms Nuru Mugambi interviews Gakii Mwongera, Group Head of Internet Banking, Equity Group Holdings as they discuss: global and Pan-African trends in cross border payments what it takes to succeed as a regional business & tehcnology leader Gakii Mwongera is a 2022 Top Woman to Watch in Banking and Finance by Angaza Awards. Since joining Equity Group in 2012, Gakii Mwongera has directed the bank’s digital channel portfolio which has witnessed tremendous growth in transaction volumes, from USD 9 million in 2012 to over USD 10 billion in 2021.  She has championed the training of more than 6,000 bank employees on features and benefits of digital transaction banking platforms, thus improving product uptake and achieving a return on digital channel investment within two and a half years – two years ahead of the projected date.  Recently following Equity Group’s acquisition of Banque Commerciale du Congo, she managed the bank’s successful migration and digitization in the Democratic Republic of Congo (DRC), which has seen Equity Bank DRC become the second best-performing subsidiary in internet banking in less than a year. Podcast Host: Ms. Nuru Mugambi, Founder Kaleidoscope Consulting Guest: Gakii Mwongera, Group Head of Internet Banking, Equity Group Holdings Production: Rawlins Hamisi
40:56
May 23, 2022
AFDB's Dr. Millicent Omukaga on Africa's Untapped She Economy
In this episode, Ms Marita Obare interviews Millicent Omukaga, Advisor to the AFDB President on Women Empowerment and Affirmative Finance as they discuss: Africa's untapped She Economy case studies of how financial sector (including AfDB programs) has helped unlock value for women on the continent learnings from her experience Dr. Millicent Omukaga is a 2022 Top Woman to Watch in Banking and Finance by Angaza Awards. Dr. Millicent Omukaga is a policy advisor in development programming and finance with expertise in investment projects and portfolio management and market development for rural and agricultural communities across Africa. In her current position at African Development Bank (AfDB), she guides on financial inclusion through policy engagements at corporate and country levels, and provides technical assistance through access to finance and markets programmes targeting women entrepreneurs across the Continent. Some of her recent achievements include contribution to the establishment of the Bank’s 10-year Gender Equality Trust Fund, which is the first thematic fund on gender in the Bank Group’s history; $250M Risk Share Mechanism; and $25m Technical Assistance project. Podcast Host: Ms. Marita Obare, Co-founder Ngazi, an on-transit advertising platform for small businesses in Kenya. Guest: Dr. Millicent Omukaga - Office of the President Advisor – Women Empowerment and Affirmative Finance, African Development Bank Group, Côte d’Ivoire Production: Rawlins Hamisi
32:51
May 20, 2022
Safaricom CEO Peter Ndegwa on 2022 Earnings, Ethiopia, M-PESA and the Future
In this episode, we sit with Safaricom CEO Peter Ndegwa to discuss the following sub-themes: 2022 full-year earnings Progress of Safaricom Ethiopia Network Partnership Deal with Ethio Telecom M-PESA in Ethiopia Views on M-PESA Hitting close to $1 Billion in Revenues, Separating it from Telco The future of Safaricom from a Mergers and Acquisitions perspective Podcast Host: Erick Asuma, Co-Founder and CEO, Hisa Guest: Peter Ndegwa, CEO and Board Member of Safaricom Production: Rawlins Hamisi
17:08
May 19, 2022
Rahel Musyoki on Pan-African Trends in Pay As You Go Health Insurance
In this episode, Ms Marita Obare interviews Rahel Musyoki as they discuss: Pan-African trends in pay as you go health insurance recent innovations in health fintech what it takes to succeed in fintech space/what every fintech entrepreneur should know. Rahel Musyoki was named a 2022 Top Woman to Watch in Banking and Finance by the Angaza Awards. Rahel Musyoki was responsible for the growth of CarePay’s revenue and portfolio through its disruptive health e-payments technology solution dubbed M-TIBA. By leveraging partnerships with private and public sector organizations, as well as, donors and philanthropic organizations, Rahel has led the company in co-creating sustainable solutions that enable citizens in vulnerable and marginalized communities to have access to affordable healthcare services and financing across a wide network of medical service providers. Her unit has built a network of 1,000 plus healthcare facilities with negotiated costs where individuals with low incomes and the working poor, as well as their families, can access and receive quality healthcare. Podcast Host: Ms. Marita Obare, Co-founder Ngazi, an on-transit advertising platform for small businesses in Kenya. Guest: Rahel Musyoki, healthcare consultant, formerly M-TIBA Production: Rawlins Hamisi
25:33
May 16, 2022
Njeri Jomo Explores Global and Pan-African Trends in Insurance & What it Takes to Succeed
In this episode, Nuru Mugambi interviews Njeri Jomo, General Manager - Retail Business Development, Britam Group as they explore the global and pan-africana trends in insurance and what it takes to succeed. Njeri Jomo was named a 2022 Top Woman to Watch in Banking and Finance by Angaza Awards. She is General Manager of Britam Group’s retail and commercial segments. She leads the insurance agency’s business development strategy and is also responsible for the distribution strategy and channel management of Britam’s Financial Advisory unit. Podcast Host: Ms. Nuru Mugambi, Founder Kaleidoscope Consulting Guest: Ms Njeri Jomo, GM Retail Business Group, Britam Production: Rawlins Hamisi
22:37
May 11, 2022
Marjorie Mayida on Democratising Investments as a Financial Inclusion Priority
In this episode, we sit with Marjorie Mayida, Managing Director and Chief Investment Officer, Old Mutual Investment Group Zimbabwe and one of the 2022 Top 10 Woman to Watch in Banking and Finance. The episode explores the following sub themes: Overview of Zimbabwe Economy Developments in Banking Sector Democratizing Investment as a financial inclusion priority Role of financial literacy in growing Africas capital markets What it takes to succeed in a Chief Investment Officer role & in banking This episode features: Marjorie Mayida – Jaggwe –  Managing Director and Chief Investment Officer, Old Mutual Investment Group Zimbabwe Ms Nuru Mugambi – Founder, Kaleidoscope Consultants (https://www.kscopeafrica.com)
20:49
May 06, 2022
My Chat With a Bank CEO - Rafiki Microfinance Bank CEO Joseph Njuguna
The third session of Kenya Banker's my chat with a bank CEO online event was hosted by Joseph Njuguna, CEO of Rafiki Microfinance Bank.  Joseph Njuguna shares insights on how intellectual property can be used under the Moveable Property Registry to access credit. On the back of the rapid growth of the creative industry and ICT sector in Kenya, the need to accommodate Intellectual Property as collateral has expanded. The ICT sector has also expanded, extending Intellectual Property items that can be used as collateral. This edition of my Chat with a Bank CEO, therefore, aims to shed light on ways by which Intellectual Property—particularly developed by the youth— can be leveraged to facilitate access to credit.
11:39
March 28, 2022
My Chat With a Bank CEO - DIB Bank Kenya CEO Peter Makau
Peter Makau, the CEO of DIB Bank Kenya hosted the second session of my chat with a bank CEO online event by Kenya Bankers Association.  Islamic finance was introduced in Kenya more than a decade ago following the introduction of Sharia-Compliant banking in the country. Since its inception the banking model has grown rapidly, making Kenya a leading regional market for Islamic banking. Various banks have entered the market, leveraging on investment opportunities presented by the financing option. Peter Makau shares insights on how Kenya is one of the countries that have the largest potential for growth of Islamic banking and debt securities (sukuk).  Currently, there are three fully-fledged Islamic banks in Kenya. To keep pace with demand, some banks have set up an Islamic banking desk, a specialised operational entity.
04:05
March 21, 2022
My Chat With a Bank CEO - Bank of Africa (K) Managing Director Ronald Marambii
Ronald Marambii CEO Bank of Africa hosted the first session of the quarterly “My chat with a Bank CEO” online events by the Kenya Bankers Association. In this episode, Ronald explores opportunities moveable assets present in facilitating further access to credit, particularly for SMEs. The CEO says that the MPSR sought to facilitate the use of the moveable property as security by both individuals and corporates, introducing new types of collateral that can be used to secure credit. In summary, the MPSR Act operates as a law governing secured transactions between a creditor and a lender where, in return for a loan advanced, the borrower gives Moveable property as security or collateral.
07:28
March 14, 2022
KCB's Called Off Acquisition, Centum's Results and Tesla Concerns Rocking US Markets
Last week, Centum released fair results. However, investors are still wary of Kenya's real estate sector especially after COVID-19 ravaged footfall in malls. KCB called off the acquisition of Tanzania's BancABC, citing regulatory headwinds and Tesla's valuation and volatility in US markets is getting investors concerned. Locally, the NASI fell by 2.88% closing the week at 160.03 bp. The NSE 25 fell by 3.66% closing the week at 3533.74 bp whereas the NSE 20 fell 2.49% to end the week at 1839.46 bp showing a decline in the mood of the market. Equity turnover fell by 40.2% closing the week at Ksh 3.5 billion worth of shares traded down from 5.96 billion in the previous week. Volumes in the bonds fell by 50.14%  with about 9.4 billion worth of bonds traded compared to 18.96 the previous week. The primary auction in the bonds market by CBK could have sparked the decline in both the equity and the bonds market. Safaricom, Equity Group, and KCB, stocks which account for most of the market activity on the NSE for the week, declined by 2.5%, 6.16% and 9.5% closing at Ksh 37.50, Ksh 41.15 and Ksh 46.60 respectively. In global markets, the S&P 500 continued to take a drop of more than 1% for the fifth consecutive week. The index fell 1.2% closing the week at 4538.43 bp. The Dow fell by 0.9% closing the week at 34580 bp while the Nasdaq was down 2.6% to end the week at 15085.47 bp.  Tune in to learn how the fears of Tesla's volatility and the Fed's direction towards tapering is affecting US markets, how CBK's recent auction is sparking a decline in local bond and equity markets and some of the things to look out for in Centum's results and future.  Trade US stocks from Kenyan via the Hisa App on Android or iOS. Subscribe to the Kenyan Wallstreet podcast on spotify wherever you listen from. This episode features: Felix Ochieng - Chief Financial Analyst, Hisa Produced by Mwakaneno Gakweli.
29:55
December 07, 2021
How Markets are Reacting to Omnicron, Bloodbath at the NSE and The Last Stretch of Banking Sector Results
Last week, Markets were shaken following the discovery of Omnicron by South African Scientists, evident in Dow's Dip by 800 bp on Friday, one of the highest since the pandemic began. The Dow dipped by 2.01% for the week, whereas the Nasdaq and the S&P 500 fell by 3.5% and 2.2% respectively. Locally, the NASI shed 3.66 basis points settling at 164.77 bp while the NSE 20 shed 7.3 bp closing the week at 1886.35 bp. We also recorded mixed results from I&M, Stanbic, DTB and HF. Tune in to learn how Omnicron is pushing investors to safer bets, why Safaricom's decline could have been led to lower indices, and how small-cap stocks took the crown last week on the NSE. Watch out for the debut of trading on the Hisa App on Android or iOS. Subscribe to the Kenyan Wallstreet podcast wherever you listen from. This episode features: Felix Ochieng - Chief Financial Analyst, Hisa Produced by Mwakaneno Gakweli. 
34:01
November 30, 2021
The KQ/SAA Partnership, The Auditor's Qualified Opinion on KenGen and The Curious Case of Uber Delivering Cannabis
In this episode, we discuss the partnership between Kenya Airways and South Africa Airlines, and what it means for both parties, share investor concerns on Kengen, and touch on Uber eats venture into creating and curing munchies. Listen to this episode to understand why the KQ/SAA partnership might not fly, hear KenGen response to the Auditor's qualified opinion and some things that investors could still be worried about, and learn why Uber Eats still faces the smoke of illegal supply in Canada's marijuana market. Binge on all our podcasts directly through the Hisa App on Android or iOS, or subscribe to the Kenyan Wallstreet podcast wherever you listen from. This episode features: Felix Ochieng - Chief Financial Analyst, Hisa Mwakaneno Gakweli - Podcast Producer and Host, Hisa Hamisi Rawlins - Cofounder, Culture Capture Produced by Mwakaneno Gakweli
01:01:05
November 27, 2021
Building Affordable Agricultural Insurance Using Blockchain and Smart Contracts
In this episode, we talk to Jan and Michiel from Etherisc on the use case of blockchain in agricultural insurance. We discuss the use cases and benefits and use cases of parametric insurance and smart contracts in the agricultural insurance in East Africa such as bridging affordability and speeding payouts. Listen to this podcast to learn how parametric insurance could unlock inclusive insurance for farmers, the upside of automating insurance contracts and potential use cases of blockchain in agriculture. Binge on all our podcasts directly through the Hisa App on Android or iOS, or subscribe to the Kenyan Wallstreet podcast wherever you listen from. This episode features: Jan Stockhausen - Chief Legal Architect, Etherisc Michiel Berende - Chief Inclusive Officer, Etherisc Produced by Mwakaneno Gakweli
28:13
November 24, 2021
Day Trading Debut at the NSE, KCB& Co-Op Results, and BABA Q2 Numbers
Last week, market indices were on the red, KCB, Cooperative Bank, and Alibaba reported their earnings and investors on the NSE held their breath for November 22, the debut of day trading at the NSE. Tune in to catch up on the debut of Day trading at the NSE, what ailed the markets last week, and why Alibaba missed analysts' revenue expectations. Binge to all our podcasts directly through the Hisa App on Android or iOS, or subscribe to the Kenyan Wallstreet podcast wherever you listen from. This episode features: Felix Ochieng - Chief Financial Analyst, Hisa Produced by Mwakaneno Gakweli
28:59
November 22, 2021
The AfCFTA Intra African Business Opportunity
In this episode, we talk to Pramod Bagalwadi, CEO DHL Global Forwarding for Sub Saharan Africa on how the African Free Continental Trade Agreement (AfCFTA) will boost intra African trade. We break down how receptive national borders under the AfCFTA could benefit African MSMEs through freer movement of people, goods, and resources, allowing them to target the entirety of the 1.2 billion population. We also talk about the impediments to the agreement such as varying divestment in infrastructure among member countries and conflicting national interests and how they could shape the success of the agreement. Tune in to learn: How Covid-19 pushed innovation in the logistics space. How optimizing member country regulations such as tax policies could help more SMEs reach customers regionally.  How improvements of infrastructure will boost trade between Africa and the world by bringing multinationals closer to their consumers. Tune in to all our podcasts directly through the Hisa App on Android or iOS, or subscribe to the Kenyan Wallstreet podcast wherever you listen from. This episode features: Pramod Bagalwadi - CEO, - DHL Global Forwarding, Sub Saharan Africa Mwakaneno Gakweli - Podcast Producer/Host, Hisa and The Kenyan Wallstreet Produced by Mwakaneno Gakweli
57:32
November 19, 2021
Gender Representation as a Core Driver of Sustainable African Capital Markets
In this podcast, we talk to Mutomboi Mundia, Director, Market Supervision and Development at the SEC in Zambia on the role of equality and gender representation in developing sustainable African capital markets, in the case of Zambia. Join us as we tackle issues that are key to boosting both participation and representation of women in African capital markets such as creating a pipeline of deserving women for board positions, leveraging their ability to multitask and multiskill, and setting individual goals that contribute to the bigger communal agenda. Tune in to all our podcasts directly through the Hisa App on Android or iOS, or subscribe to the Kenyan Wallstreet podcast wherever you listen from. This episode features: Mutomboi Mundia - Director, Market Supervision and Development at the SEC in Zambia Mwakaneno Gakweli - Podcast Producer/Host, Hisa and The Kenyan Wallstreet Produced by Mwakaneno Gakweli
34:21
November 16, 2021
Breaking Down the MTN Uganda IPO with CEO Wim Vanhelleputte
23 Years and 15 million subscribers later, MTN Uganda is IPOing on the Uganda Securities Exchange. Join Eric Jackson and Wim Vanhelleputte as they break down the IPO, detailing the incentives, the opportunities, the risk factors and the onboarding process for investors. Listen to this podcast now to learn why the Telco operator chose to list now, how MTN is planning to rope retail investors through the m-IPO platform and why low internet penetration and mobile money are key of focus for MTN Uganda's radar. Highlights: MTN Uganda is offering 20% of its total 96% shareholding to the public. This is 4.47 billion ordinary shares at UGX 200 per offer share.  The offer opened on 11 October 2021 and closes on 22 November 2021. Trading will start on 6 December 2021. MTN is offering prospective East Africa investors a 5% free share incentive, and an additional 5% for Ugandan investors who participate in the IPO via the m-IPO platform. The telco has made a commitment to maintaining the 60% dividend payout ratio post-listing.  MTN Uganda is taking the low internet penetration opportunity through demand-driven 4G deployment, device financing and leveraging on-demand for localized digital content. The company sees the m-IPO process as key to addressing liquidity concerns on the USE through creating trading opportunities in the secondary market. Tune in to all our podcasts directly through the Hisa App on Android or iOS, or subscribe to the Kenyan Wallstreet podcast wherever you listen from. This episode features: Eric Jackson - Co-founder and CTO, Hisa Wim Vanhelleputte - CEO, MTN Uganda Produced by Mwakaneno Gakweli
33:41
November 15, 2021
Suspended Negative CRB Listing, Safaricom and Equity Group Earnings and Curious Case of the Tesla Shares Dip
In this episode we discuss Central Bank of Kenya's Directive to suspend the listing of negative information of borrowers with loans under Ksh 5 million that were previously performing but went under from 1 October 2021, the suspension of clearance certificates as a requirement for job application, the shining results of Safaricom and Equity Group and the mechanics behind Elon's share sale and the following dip. Tune in now to learn why suspending CRB listing and adopting cost based lending could democratize access to credit and increase its cost for some, how suspending clearance documents is a respite for job seekers that would benefit even more from zero pricing of background check documents, the gaps in results of the giants, and why the Twitter poll did not in fact influence Elon's decision to sell some of his Tesla Shares.  This episode features: Felix Ochieng - Chief Financial Analyst, Hisa Mwakaneno Gakweli - Podcast Host and Producer, Kenyan Wallstreet/Hisa Produced and Directed by Mwakaneno Gakweli 
01:06:10
November 13, 2021
Leveraging Partnerships, Value Creation and Impact Focus Investment Process in Building Valuable Africa Businesses
In this episode, we host Takudzwa Mutasa, a partner at DPI to discuss the opportunity for investment in Africa, the role of impact and sustainability in building valuable businesses and exit options for investors in the continent.  Join us as we break down the importance of partnership, value creation expertise, and impact-focused investment processes in driving value creation in investments and improving portfolio businesses in Africa. Taku also touches on the key trends that make Africa a very attractive investment destination: a young population and a growing workforce, strong demographics, the rapid wave of urbanization, technology and digital transformation and natural resource endowment of the continent. Tune in to all our podcasts directly through the Hisa App on Android or iOS, or subscribe to the Kenyan Wallstreet podcast wherever you listen from. This episode features: Takudzwa Mutasa - Partner, Development Partners International Mwakaneno Gakweli - Podcast Producer and Host, Kenyan Wallstreet and Hisa Audio Production by Mwakaneno Gakweli
26:19
November 11, 2021
Developments in Safaricom's Entry Into Ethiopia
In this episode, Eric Asuma talks to Safaricom CEO Peter Ndegwa and CFO Dilip Pal on the developments in Ethiopia following the state of emergency, the shifting conflict and delays in the US DFC $500 million loan.  Tune in to understand why Safaricom is still optimistic about launching in Ethiopia in mid-2022 despite the shifting conflict, its Capex commitment so far, and its investment in the market for the short and mid-term.  Tune in to all our podcasts directly through the Hisa App on Android or iOS, or subscribe to the Kenyan Wallstreet podcast wherever you listen from. This episode features: Peter Ndegwa - CEO, Safaricom Dilip Pal - CFO, Safaricom Eric Asuma - CEO, Hisa Audio Production by Mwakaneno Gakweli
07:33
November 10, 2021
Weekly Markets Update | Jump in Equity's Q3 Profit, Safaricom's Decline and Uber's First Ever EBITDA Adjusted Profit
Last week, the Safaricom stock took a beating, declining by 6.07% to Ksh 40.20 following worsening conditions in Ethiopia and US DFC's delay in disbursing the $500million to finance its Ethiopia entry. Equity Group reported an 85% jump in Q3 profit before tax to Ksh 36.6 Billion from Ksh 19.7 billion in Q3 2020. Globally,  Uber reported its first-ever EBITDA adjusted profit of $8 million. Listen to this episode to find out what's dragging Safaricom's share price, the details behind Equity's Profit jump and why BK Group is trailing, despite the positive Q3 results. Tune in to all our podcasts directly through the Hisa App on Android or iOS, or subscribe to the Kenyan Wallstreet podcast wherever you listen from. This episode features: Felix Ochieng - Chief Financial Analyst, Hisa Production by Mwakaneno Gakweli
53:30
November 08, 2021
Tightening Rules for Real Estate Collateral, The Safaricom Dominance Row and the Curious Case of The Squid Game Crypto Scam
In this weekly episode of We Are Curious, we discuss banks' decision to request additional security in case the value of collateral like land depreciates, explore the push to declare Safaricom as a dominant player in Kenya's Telco space, and take notes from the plunge of the Squid Game Crypto. Get all your podcasts directly through the Hisa App on Android or iOS, or subscribe to the Kenyan Wallstreet podcast wherever you listen from. This episode features: Mwakaneno Gakweli - Podcast Host and Producer, The Kenyan Wallstreet Felix Ochieng - Chief Financial Analyst, Hisa Special appearances: Hamisi Rawlins Enock Aguera
01:13:45
November 07, 2021
Weekly Markets Update 40| Underwhelming Kengen Results, Microsoft as the Most Valuable Company, and Apple's Results
Last week, Kengen reported a 94.6% decline in net profit to Ksh 1.2 billion following higher tax expenses. Revenue was up 4% to Ksh 4.5 billion attributed to geothermal, hydro and diversification projects. Kenya Power bounced back to profitability reporting a Ksh 1.5 billion net profit, a 216% jump in pretax profit and 17% dip in operating expenses. Apple results were slightly underwhelming following supply chains woes, and now Microsoft is the most valuable company on earth by market cap. Listen to this episode to find out what could happen to Kenya Power's stock after the positive results, and how changes in payments for developers and supply chain woes are affecting apple. Tune in to all our podcasts directly through the Hisa App on Android or iOS, or subscribe to the Kenyan Wallstreet podcast wherever you listen from. This episode features: Felix Ochieng - Chief Financial Analyst, Hisa Production by Mwakaneno Gakweli
35:05
November 03, 2021
Building a Business Case for Agriculture in Africa with Khula CEO Karidas Tshintsholo
In this episode, Eric Jackson talks to Khula Co-founder and CEO Karidas Tshintsholo on making a business case for agriculture in Africa through availing inputs that allow subsistence farmers to try commercial agriculture, building a marketplace that connects farmers to bulk buyers and establishing platforms for farmers to raise funds for their operations. This episode also covers the net positive effect of COVID-19 in agriculture and agritech, and why telling African startup stories benefits Africa's entrepreneurship. Listen to all our podcasts directly through the Hisa App on Android or iOS, or subscribe to the Kenyan Wallstreet podcast wherever you listen from. This episode features: Karidas Tshintsholo - Co-founder and CEO, Khula Eric Jackson - Co-founder, Hisa Production by Mwakaneno Gakweli. 
21:37
November 01, 2021
We Are Curious 33| Day Trading at the NSE, Cash Transaction Reporting Limits, DHL Closing eShop and the Curious Case of Meta
Last week, the NSE announced that it will introduce day trading in November, allowing investors to trade on a security multiple times a day. The president, upon lifting the curfew, ordered the National Treasury to raise the threshold for cash transaction reporting to favour MSMEs. Regionally, DHL announced that it is closing its e-commerce site eShop and Facebook is now Meta. Listen to this episode to understand why day trading, a great initiative to deepen the markets, still needs support infrastructures like lower fees to trigger retail activity, why removing barriers to digital transactions would a better tool to fight money laundering and terrorism finance than large cash transaction reporting requirements, and why Facebook's new name Meta isn't enough matte to cover up its privacy violations. Get all your podcasts directly through the Hisa App on Android or iOS, or subscribe to the Kenyan Wallstreet podcast wherever you listen from. This episode features: Mwakaneno Gakweli - Podcast Host and Producer, The Kenyan Wallstreet Felix Ochieng - Chief Financial Analyst, Hisa
56:37
October 31, 2021
Deepening Kenya's Domestic Markets Through Improving Capacity of Retail Investors
In this episode, we talk to Anthony Kirui on the status of Kenya's capital markets, specifically looking at improving access for retail investors, heading against foreign outflows and moving away from safe bets like government securities. This episode follows the release of the 2021 Africa Financial Markets Index, where Kenya's market attractiveness fell to 11th position in Africa, scoring especially poorly in its local investor capacity. We explore possible remedies such as breaking barriers for retail investors, adoption of global master agreements, and how day trading and margin trading could help private individuals flourish in the domestic markets.   Access finance podcasts and the latest news on markets directly through the Hisa App available on Google Playstore and the Apple Store. This episode features: Anthony Kirui - Director, Head of Global Markets, Kenya and Africa Regional Operations at Absa Bank Kenya PLC Mwakaneno Gakweli  - Journalist/Podcast Host, The Kenyan Wallstreet and Hisa
12:08
October 29, 2021
Weekly Markets Update 38| New Appointments at HF Group, Dips in NSE Indices and Jittery Global Tech Stocks
Last Week, HF Group announced the appointment of Olive Mugenda, a known reformist and chairperson at the Kenyatta University Teaching and Referral Hospital. Benchmark indices ended the week lower as major stocks on the exchange went red, including Safaricom. However, the overall market activity was high. Equity turnover was up 53.2% to Ksh 3.2 billion traded while volume rose by 33.4% with 73.2 million shares traded. NBV's YTD performance has dipped from top position to 10th, pointing to its continuing high volatility. Globally, tech stocks were jittery. Shares of Twitter, Alphabet, Microsoft and Snapchat were all down. Snap Inc, the company behind Snapchat released positive results but failed to meet analyst expectations. Revenue was up by 57% to $1.7 billion, a shortfall of 93 million dollars from what analysts expected, which is why the stock plummeted on Thursday and Friday, closing the week at $55 after shedding 27%.  Facebook will be releasing its results today.  Listen to this podcast to understand what happened in local markets last week, and what to expect from global tech stocks following changes in Apple's privacy policy that is spelling doom giants like Snap and Facebook.  Listen to all our podcasts directly on the Hisa App available on the App Store and Google Playstore. This episode features: Felix Ochieng - Chief Financial Analyst, Hisa
52:10
October 25, 2021
The Role of Women in Driving Macroeconomic Growth in Africa
In this episode, we sit with Joanita Lunkuse - Jaggwe to discuss the role of women in spearheading macroeconomic growth in Africa through taking leadership roles in sectors like Finance and Agriculture, and how increasing access to opportunities and proper succession planning could be the bridge to tapping into the benefits of having women in top leadership. Apply for an opportunity to be recognised among Top Women in Africa in Banking, Co-Operatives and SACCOs, Development Finance institutions, Fintech, Fund Management and Investment Banking, Insurance, Microfinance, Public Sector Finance and Private Equity at https://www.angazaawards.com/ Applications close on October 31. This episode features:  Joanita Lunkuse - Jaggwe -  Expert Financing, Office of the Prime Minister, Uganda Mwakaneno Gakweli - Podcast Producer and Host, The Kenyan Wallstreet Podcast 
15:51
October 25, 2021
Embedding Gender Equality in Policy in Capital Markets
In this episode, Mwakaneno chats with Luke Ombara, Director Policy and Market Development at the Capital Market Authority Kenya on the representation and participation of women in Kenya compared to other African markets. We discuss the role of policies like the corporate governance code and the 2/3 gender rule in bridging gender parity on boards and platforms for mentorship in grooming the next generation of women to join leadership boards of listed companies. Apply for an opportunity to be recognised among Top Women in Africa in Banking, Co-Operatives and SACCOs, Development Finance institutions, Fintech, Fund Management and Investment Banking, Insurance, Microfinance, Public Sector Finance and Private Equity at https://www.angazaawards.com/ Applications close on October 31. 
20:53
October 21, 2021
Weekly Markets Update 37| Investor Uncertainty Over Inflation, DTB, Global Oil Prices, and the Kenya Power & KQ Bailout
Last week, we saw investor uncertainty across global markets, following the rise of inflation across the globe that could last for long. On the NSE, the NASI was up 3.04 points, the NSE 25 was 32.37 basis points. The NSE 20 share index dropped 1.13%.  Highlights:  Limuru Tea was the top gainer last week, up 10% to Ksh 330 shillings, following an earlier announcement by Unilever to move their shareholding.  The volume of shares was down 31.2%, closing the week at 54.8 million shares traded. Turnover for the week also fell to Ksh 2.09 billion compared to Ksh 2.88 billion traded a week earlier.  Top companies trading on the NSE accounted for 94% of market activity.  Safaricom was up closing at the week at Ksh 43.10 up from Ksh 41.65 at the opening of the week.  DTB announced that it hopes its ROE would go back to 13% or higher, acknowledging the recent actions by investors, and the complaints in dividend non-payment.  NBV has completed its acquisitions of Delta International's 4 businesses. The acquired companies have a valuation of about Ksh 3 billion. It's a curious case of how the subsidiaries will impact NBV's performance on the exchange.  Oil prices continue to rise, with Brent hitting $85 and WTI hitting $83 on Monday. This is good news for investors who went long on oil. However, it could further worsen ongoing inflation.  Last week, the Dow Jones was up 1.3%, S&P 500 and the Nasdaq were also up 1.3%. YTD, the Dow Jones is 15.3%, S&P is up 19% while the Nasdaq is up 15.5%.  Kenya Power, KQ bailout require intensive audits to make sure the resources are utilized correctly, and that the revenue holes, including integrity issues, are plugged.  Listen to all our podcasts directly on the Hisa App available on the App Store and Google Playstore. This episode features: Felix Ochieng - Chief Financial Analyst, Hisa
36:27
October 19, 2021
Building Affordable and Resilient Housing in Africa
In this episode, Maurice Makoloo, Senior Director-Africa Hub at the Habitat of Humanity discusses what it takes to build resilient housing in Africa, while still following the tenets of affordability and maintaining cultural sensitivity. Mwakaneno and Maurice break down the multifaceted roles which houses play, from serving as educational centres, workstations and health centres, and how these functions shape the procurement process. Finally, we close the episode discussing tenure security, its pivotal role in supporting access to housing in Africa. Listen to all our podcasts directly on the Hisa App available on the App Store and Google Playstore. This episode features: Maurice Makoloo - Senior Director - Africa Hub at the Habitat for Humanity Mwakaneno Gakweli - Business Journalist, Producer and Podcast Host, Hisa
59:45
October 18, 2021
We Are Curious 32| The High Court Case Against Uber and the Curious Case of the Kenya-Somalia ICJ Ruling
This week, the high court ruled that there is an intricate link between Uber BV and Uber Kenya, a decision that could allow uber drivers in Kenya to sue both companies for fare reductions on the platform. Join Mwakaneno and Nicole as they travel back to 2016, the genesis of the court case against uber, to break down the different arguments in the case and what it could mean for drivers and riders. We also talk to Rimah Mogiri about the events around the Kenya-Somalia maritime, Kenya's elusiveness, the possible economic impact of the ruling, and what next after the ICJ. Listen to all our podcasts directly on the Hisa App available on the App Store and Google Playstore. This episode features: Nicole Omaya - Community Manager, Hisa Mwakaneno Gakweli - Business Journalist, Producer and Podcast Host, Hisa Rimah Mogiri - Partner, Sisule and Advocates.
57:51
October 16, 2021
Interview with Uganda and Kenya Celo Leads
In partnership with BitcoinKe, we recently interviewed Umar Bukenya, Uganda Ecosystem lead at cLabs and Daniel Kimotho, Kenya Ecosystem Lead at cLabs, a member of the Alliance for Prosperity and part of the community working on Celo. cLabs has built an open, decentralized platform, designed to support stable coins and tokenized assets, which are optimized for mobile phones. In the interview, we asked Daniel and Umar about their thoughts on the future of cryptocurrency, the state of the crypto market and Celo's ongoing and upcoming plans in Africa. Listen to all our podcasts directly on the Hisa App available on the App Store and Google Playstore. This episode features:  Daniel Kimotho - Kenya Ecosystem Lead, cLabs Eric Asuma - CEO, Kenyan Wallstreet  David Gitonga - Founder, BitcoinKe Umar Bukenya - Uganda Ecosystem Lead, cLabs
28:58
October 06, 2021
We Are Curious 31| Of a Sky High 6.91% Inflation, the Petroleum Levy, TikTok's NFT and the Curious Case of the eNaira
This week, we saw Kenya's monthly inflation skyrocket to a 19 month high of 6.91% largely driven by higher fuel costs and fuel, grew ecstatic of the Presidential directive for lower electricity tariffs, watched legislators circle the unpopular petroleum levy and held our breaths for Nigeria's eNaira. Listen to this episode to find out what's driving higher inflation, how our hopes for lower electricity tariffs died in Presidential fine print, and why we need the Petroleum Levy. In this podcast, you will also hear why Nigeria is launching a CBDC, after a long crypto ban and what to expect from TikTok NFT. Listen to all our podcasts directly on the Hisa App available on the App Store and Google Playstore. This episode features: Felix Ochieng - Chief Financial Analyst, Hisa Nicole Omaya - Community Manager, Hisa Mwakaneno Gakweli - Business Journalist, Producer and Podcast Host, Hisa
01:07:54
October 02, 2021
How Gender Sensitive Policies Could Boost Gender Parity in African Finance
In this episode, Catherine Musakali breaks down the role of company policy in creating inclusive workspaces and nurturing spaces for women to rise to board levels. Catherine and Mwakaneno discuss how gender-sensitive policies like job share, and telecommuting allow women to grow their careers while still addressing other responsibilities in their lives, and how mentorship helps grow the female talent at an individual level.  Apply for an opportunity to be recognised among Top Women in Africa in Banking, Co-Operatives and SACCOs, Development Finance institutions, Fintech, Fund Management and Investment Banking, Insurance, Microfinance, Public Sector Finance and  Private Equity at https://www.angazaawards.com/ This episode features: Catherine Musakali - Founder and Chairperson of the Women on Boards Network  Mwakaneno Gakweli - Podcast Producer and Host at Hisa Production by Mwakaneno Gakweli
18:28
September 30, 2021
Weekly Markets Update 36| Impact of Evergrande's Fall, Nike and Vietnam Closures, a Dip in NSE Giants and the Crypto Ban in China
Last week, we watched Asia come to the reality of Evergrande's fall, which is dragging Asian markets. In the US, investors grapple with anticipation as the US Central Bank Tapering process approaches its end mid next year, and Nike takes a blow from Vietnam's shutdown. Locally, NSE giants bowed down slightly, and the indices went blood red. Listen to this episode to learn how Asia is fairing after Evergrande defaulted its payments to offshore investors, why Nike cut its revenue forecasts as Vietnam and Indonesian closures affect supply, and how a dip in the giant stocks on the NSE is affecting the overall performance of the exchange.  Highlights: The impact of the current financial crisis is slowly biting China and Asia after Evergrande defaulted on payments for offshore investors, estimated at $83 billion in interest payments. Evergrande's YTD performance is down 83%. Global markets closed on a positive edge. The Dow Jones was up 0.6% at 34.798 points, while the S&P 500 rose 0.05% closing at 4455 points. The Nasdaq was flat 0.001% ending the week at 15.048 basis points.  Nike is bracing for shortages and trims revenue forecast as Vietnam shutdowns, costing the company 10 weeks of production. Safaricom, Equity, EABL, and KCB took a dip on the NSE. The NSE All-share index (NASI) decreased by 2.7% to close the week at 177.81 points from last week’s 182.75 points. Similarly, the NSE25 and the NSE20 share indices were similarly down by 2.41% and 1.05%, respectively. Ghana's benchmark index fell 4.1% last week. Similarly, Egypt fell, eroding its YTD gains. Listen to previous episodes of the Weekly Markets Update on the Hisa App available on the App Store and Google Playstore. This episode features: Felix Ochieng - Chief Financial Analyst, Hisa Audio Production by Mwakaneno Gakweli.
41:46
September 29, 2021