EPRA Announces Fuel Price Reduction. Good news for motorists! EPRA lowered fuel prices effective April 15th to May 14th, 2025.
EPRA – Fuel Price Reduction
- Super Petrol price decreased by KSh. 1.95/litre.
- Diesel price decreased by KSh. 2.20/litre.
- Kerosene price decreased by KSh. 2.40/litre.
CBK Approves NBK Sale to Access Bank. The Central Bank of Kenya approved KCB Group’s sale of National Bank of Kenya (NBK) to Access Bank Plc, marking a positive step towards completing the transaction that began in March 2024.
Britam Holds Biashara SME Forum. Britam continues to push the SME ecosystem in a bid to empower them with knowledge and offer a space for entrepreneurs to ask tough questions, learn, and connect with peers and experts.
Dr. James Mwangi Receives City of London Award. The MD and CEO of Equity Group Holdings received one of the world’s oldest civic honours, in recognition of his decades-long work advancing financial inclusion and economic empowerment across Africa.
NCBA Champions Succession Planning. This week, NCBA hosted its Platinum Banking Customers for a succession planning event themed ‘Secure Your Legacy: Navigating Wills, Trusts & Tax.’ The event focused on empowering customers to navigate wealth transfers, estate planning, and securing their family’s future.
NSE Extends the Suspension of Umeme Limited Shares. The trading suspension, which began on March 31st, 2025, will now continue until May 12th, 2025, or as otherwise determined by the Authority. This extension follows ongoing developments regarding the company’s concession with the Government of Uganda and the Buy Out process.
CBK Lifts Moratorium on Licensing of New Banks. From July 1st 2025, Kenya will allow new commercial banks to be licensed, following the lifting of a 10-year ban. These banks must meet the capital requirement of KSh. 10 billion.
CBK Re-Opens Three Fixed Coupon Bonds. The Central Bank has re-opened and invited bids for FXD1/2022/015, FXD1/2022/025, and FXD1/2012/020 fixed coupon treasury bonds. Bids for the 15 and 20-year bonds are due on 30th April, 2025, while bids for the 20-year bond are due on 7th May, 2025.
Wisdom Series with Tom Gitogo – Abojani x Britam. We had another successful #WisdomSeries webinar, featuring Tom Gitogo, Group MD & CEO of Britam Holdings. With quiet confidence, he shared his wealth of knowledge which the audience could use in their everyday lives. Here are a few gems he shared:
☑️ If your passive income is draining you — it’s just another job.
☑️ Invest in your children — give them the tools to break cycles.
☑️ Cash is like blood in your body — especially if your income is erratic.
☑️ Build your buffer during harvest. Storms don’t announce themselves.
☑️ Some people are built for sprints. Others for marathons. Run your race.
☑️ Start saving even Ksh 1,000 in your 20s — let compounding do its thing.
☑️ When returns are abnormally high, abnormally fast — it’s probably a scam.
☑️ Passive income becomes your employer when you’re too old to work for one.
☑️ Your business can fail because you ignored paperwork. Register, record, and protect.
☑️ Don’t invest your life savings in something you don’t understand. Consult, learn, and then leap.
Catch the Recording HERE
Passcode: Wisdom@2025
Upcoming Market Events. Next week:
- Stanbic Holdings AGM — Apr 22, 2025
- CIC Group Book Closure — First and final KSh. 0.13/share dividend + 1-for-10 bonus issue. April 22, 2025.
- Home Afrika FY’24 Results — April 24th, 2025
- WPP Scangroup FY’24/25 Results & Investor Briefing — April 24 & 25, 2025
The 67th Personal Finance Masterclass
Abojani’s online masterclass on personal finance and investing begins on May 12th.
This is a good opportunity to learn how you can manage your money, create wealth, and achieve your goals and dreams.
You’ll get expert advice on budgeting, smart investing, debt management, and building sustainable financial habits. The KSh. 6000 early bird discount ends soon, so hurry up and secure your spot in this award-winning course today.
