Vodafone Kenya plans to acquire 15% of the government’s stake in Safaricom at KES 34 per share, a deal expected to raise KES 204.3 billion for the government.
HF Group has been approved to issue 94.3M shares to employees through Employee Share Ownership Plan (ESOP)
Twenty four business owners graduated from NCBA’s 2025 Strathmore Business School Enterprise Development Programme, which trains SMEs in financial management, operations and leadership. The programme has supported more than 300 entrepreneurs to date.
The Treasury bond auction for the reopened 25-year and 30-year bonds was oversubscribed by 32.8% after drawing KES 53.13 billion in bids against a KES 40 billion target. The Central Bank accepted KES 47.11 billion.\
This week, treasury bills auction was oversubscribed by 120%, with investors submitting KES 52.86 billion in bids against a KES 24 billion offer. The Central Bank accepted KES 40.36 billion.
The 364-day T-bill recorded the strongest demand, with a subscription rate of 303.65%.
Kenya’s private sector expanded at the fastest pace since 2020 in November, as the Stanbic Bank Kenya PMI climbed to 55.0 from 52.5 in October.
Equity Group won the CIO100 Award 2025 in the PlusOne Banking Sector category for its investments in digital infrastructure, AI and data governance.
CIC Insurance Group has reassigned Muyesu Luvai, its director of internal audit, to director of special projects. Collins Kiriyo Ajire, the internal audit manager, has been appointed acting director of internal audit.
We held our Finance for Teens workshop this week in partnership with the Nairobi Securities Exchange and NCBA. The session introduced teens to the basics of personal finance, budgeting and saving, and provided an overview of investing in stocks, unit trusts, bonds and other financial market products.
Upcoming Events
On Thursday, 11th December at 7PM EAT, we will host a webinar in partnership with the European Investment Bank (EIB), on how businesses can access venture capital, with lessons drawn from the Boost Africa Programme.
Zoom Link: https://bit.ly/BusinessVentureCapital
Passcode: VCBoost
BK Group’s interim dividend books close on December 8, the same day Safaricom will allot its domestic medium-term note following the close of its debt offer.
Lastly, we invite you to join our personal finance and investing masterclass, which runs from January 12 to January 30, 2026. Registration is now open, with an early-bird offer available until December 31.
The masterclass will cover personal finance, unit trusts, treasury bills and bonds, the stock market and SACCOs.
You’ll also receive the 2026 Investment Handbook, three e-books and access to the 2026 #1MilliChallenge.
