Safaricom MTN Tranche 1 Oversubscribed
Safaricom’s Tranche 1 Note offer saw a remarkable 275.7% oversubscription, receiving KES 41.4 billion in applications against a KES 15 billion target. The company exercised its KES 5 billion greenshoe, raising the total allotment to KES 20 billion.
Also read: Corporate Bonds Make a Strong Comeback as Safaricom Celebrates Bell-Ringing At NSE
Re-opened Government Bonds
The government is seeking to raise KES 60 billion through the reopened 20-year (FXD1/2019/020) and 25-year (FXD1/2022/025) bonds. The bonds offer coupon rates of 12.8730% and 14.1880%, respectively, with bids due by Wednesday, January 7, 2026, at 10:00 a.m. EAT.
CBK is also inviting investors to switch holdings from Treasury Bond FXD1/2016/010 to the reopened FXD1/2022/015. Bids are due Monday, January 19, 2026, at 10:00 a.m. EAT.
CBK Cuts Rates Again
The Central Bank of Kenya reduced the Central Bank Rate by 25 basis points to 9.00%, marking the ninth consecutive reduction.
Centum Announces Dollar I-REIT
Centum plans Kenya’s first dollar-denominated I-REIT, targeting $37 million (KES 4.78 billion) for green commercial developments.
Leadership Updates
- Car & General (Kenya) PLC appointed Mr. Dan Karuga as Independent Non-Executive Director. Karuga is Africa Operating Lead for SC Ventures and former East Africa MD at Branch International.
- Liberty Kenya Holdings appointed Mueni Mutunga as Interim Company Secretary.
- NSE appointed Annette Musehenga as Manager, Internal Audit.
NCBA FiRe Award
NCBA was named 1st Runner-Up in Integrated Reporting at the FiRe Awards for the second consecutive year.
They also partnered with HEVA Fund to offer tiered financing solutions to creative-sector businesses, including event financing, invoice discounting, LPO financing, working capital, and startup incubator support.
Upcoming Corporate Actions
- Safaricom Domestic MTN Note listing on NSE: Tuesday, December 16, 2025
- I&M Bank interim dividend book closure: December 15, 2025
- Carbacid final dividend: December 18, 2025
- Centum final dividend: December 19, 2025
Coming Up
Personal Finance & Investing Masterclass
Start 2026 on the right financial foot. Our personal finance and investing masterclass begins on 12 January 2026, 7:00–8:00 p.m. Kenya time, providing guidance to set clear goals and build a roadmap for financial growth.
Follow Abojani #Oversubscription
CEO & Co-Founder, Abojani Investment
Robert Ochieng is a visionary entrepreneur and the co-founder of Abojani Investment, a leading financial education platform in Kenya that has empowered over 20,000 Africans to embark on their investment journeys. As CEO, he has demonstrated an unwavering commitment to financial literacy, successfully demystifying money and investments and making them accessible and relevant to individuals from all walks of life.
Running Thriving Investment Communities
Robert’s influence extends well beyond Abojani Investment’s core offerings. He has actively fostered a sense of community by running investment forums and groups with a vast following of over 300,000 Africans. These communities provide a safe space for individuals to exchange ideas, share experiences, and support each other on their investment journeys.
Vision for the Future
As co-founder of Abojani Investment, Robert envisions a financially empowered Africa. He strives to expand the reach of his financial education initiatives, enabling millions more to gain the knowledge and confidence needed to achieve their financial goals. His vision is to create a society where every individual has the tools and understanding to build lasting wealth and prosperity.
Professional Background
Robert Ochieng is a highly accomplished CEO at the helm of Abojani Investment, an investment and advisory firm in Kenya. He is a seasoned professional with over 14 years of experience in IT, Finance, and leadership.
His career includes key roles at prominent institutions such as Equity Bank, Gulf African Bank, Guaranty Trust Bank (GTBank) and Airtel.
Robert’s expertise has also been sought after by the National Treasury for consultancy on planning and budgeting systems, showcasing his exceptional knowledge and skills in the field. Passionate about driving meaningful conversations and collaborations between academia, industry, and the public sector, Robert actively engages in research projects focusing on digital transformation within the financial services sector. With his visionary leadership and strategic insights, Robert Ochieng continues to make a significant impact in the business world.
