First of all, Happy Father’s Day to all fathers in the Abojani community. We appreciate your sacrifices, guidance, and commitment to building stronger families and brighter futures.
TRIFIC Green USD I-REIT Raises Ksh 4 Billion
The TRIFIC Green USD I-REIT closed at an impressive 103.3% subscription rate, raising Ksh 4 billion against a Ksh 3.9 billion offer.
The I-REIT is scheduled to list on the Nairobi Securities Exchange on Monday, 29th June 2026.
Absa Group Seeks to Increase Stake in Absa Bank Kenya
Absa Group has announced its intention to acquire up to 895.99 million additional shares in Absa Bank Kenya through a tender offer priced at Ksh 34.50 per share.
Equity Afya Launches Standalone Community Pharmacy
Equity Group, through its healthcare arm Equity Afya, has launched its first standalone community pharmacy at Britam Towers in Upper Hill, Nairobi.
The Group plans to establish 1,000 pharmacies across East and Central Africa.
NCBA Deepens Partnership with Rubis Energy Kenya
NCBA Group has strengthened its long-standing partnership with Rubis Energy Kenya by handing over 24 Chery Tiggo vehicles, reinforcing a collaboration that has spanned more than two decades.
Treasury Instruments Attract Strong Demand
Treasury Bills were heavily oversubscribed this week at 204.10%, with the government raising Ksh 35.74 billion against the Ksh 24 billion on offer.
The 91-Day weighted average interest rate stood at 8.8206%.
In the same vein, the reopened 20-year (FXD1/2018/020) and 25-year (FXD1/2021/025) Treasury Bonds recorded a subscription rate of 129.38%.
CBK offered Ksh 60 billion, received bids worth Ksh 77.63 billion, and accepted Ksh 42.57 billion.
Inflation Expected to Remain Above 5%
Commercial banks, microfinance banks, and private sector firms expect inflation to remain above 5% but within the CBK target band over the next three months.
The outlook is driven by higher fuel and energy costs, rising freight and logistics expenses, and weather-related supply disruptions.
Leadership Change at AmCham Kenya
The American Chamber of Commerce, Kenya has appointed Paul Muthaura as its new Chief Executive Officer, effective 17th June 2026.
Olympia Capital Issues Profit Warning
Olympia Capital Holdings has issued a profit warning, citing lower revenue, higher operating costs, and increased finance costs as the key drivers behind the expected decline in earnings.
Upcoming Corporate Actions
It will be a busy week ahead for investors.
- DTB will pay its final dividend of Ksh 9.00 per share on 26th June 2026.
- TotalEnergies and Car & General will close their dividend books on 24th June 2026.
- TPS Eastern Africa (Serena) will close its dividend register on 26th June 2026.
🎓 Invest in Yourself: The 79th Abojani Personal Finance Masterclass
If you are not on track to achieve your financial goals this year, the next six months can still change your financial trajectory.
Join our 79th Abojani Personal Finance, Saving & Investing Masterclass and learn practical ways to save better, invest wisely, and take control of your financial future.
What you’ll learn:
- Personal financial planning and budgeting
- Treasury Bills and Bonds
- Stocks and Unit Trusts
- SACCOs and long-term wealth creation
- Building sustainable financial habits
#Happy Father’s Day #Follow Abojani
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.
