The Week In Markets – EABL’s Early Bond Redemption
Listed brewer East African Breweries Plc (EABL) has announced plans to settle its Sh11 billion corporate bond a year ahead of schedule. The 12.25% fixed-rate bond, originally set to mature in October 2026, will now be redeemed by the end of this month. The move is part of EABL’s ongoing strategy to reduce financing costs and strengthen its liquidity position, signaling prudent balance sheet management amid a challenging macroeconomic environment.
Dividend Payouts
It was a beautiful week for investors as they smiled all the way to the banks to receive their much awaited dividends..
T-Bills Oversubscribed as Investors Eye Stability
The government raised KSh 27.0 billion against a KSh 24.0 billion offer through this week’s Treasury bill auction, reflecting continued investor preference for shorter-term securities. Interest rates stood at 7.85% (91-day), 7.90% (182-day), and 9.36% (364-day).
NSE Earns Global Upgrade
Kenya’s capital markets received a global vote of confidence as the Nairobi Securities Exchange (NSE) was upgraded by FTSE Russell from “Restricted” to “Pass” on the Efficient Trading Mechanism criterion. The milestone highlights progress in Kenya’s ongoing market reforms and modernization efforts, positioning the NSE as an increasingly attractive destination for international and regional investors.
NCBA Launches ConnectPlus & Kicks Off Johari Awards
NCBA Bank unveiled ConnectPlus, a next-generation corporate banking platform developed in partnership with fintech leader Intellect. The solution aims to streamline business banking through smarter digital connectivity.
The bank also officially kicked off the 2025 Johari Awards in Mombasa, marking the 19th year of celebrating Kenya’s top motor dealers and insurance brokers who drive the country’s asset finance sector.
Equity Bank Partners with Inchcape Kenya
Equity Bank Kenya Limited (EBKL) has teamed up with Inchcape Kenya Limited, the newly appointed dealer for New Holland tractors and agricultural machinery. The partnership introduces a financing scheme that will make tractor ownership more accessible for farmers, advancing agricultural mechanization and boosting productivity across the sector.
Coming Up
Countdown to the Abojani Economic Empowerment Conference 2025
We are thrilled to announce that Centum RE has joined our growing list of sponsors for the Abojani Economic Empowerment Conference 2025!
Join us on November 22nd, 2025, at Radisson Blu, Upper Hill, for a day of transformative discussions around the theme:
“Ownership Economy & Self-Sustenance for African Households and Businesses.”
Expect rich conversations, actionable insights, and a community of entrepreneurs, investors, and professionals redefining Africa’s wealth narrative.
#Abojani5thEEC #EconomicEmpowermentKE
