Build your financial confidence with the 82nd Abojani Personal Finance, Saving & Investing Masterclass.
Coming up in October, our three-week online Masterclass will cover practical approaches to investing and building a sustainable portfolio. Register today and take charge of your financial future.
KenGen Revenue Rises, but Dividend Payout Falls
KenGen reported a 6.4% increase in revenue to Ksh 59.7 billion for the financial year ended June 2026, supported by record national electricity demand.
However, net profit declined marginally by 1.2% to Ksh 10.35 billion, mainly due to lower finance income as the company redirected cash reserves towards infrastructure development.
The Board recommended a dividend of Ksh 0.75 per share, representing a 16.7% reduction from the previous year. The cut is in part due to its plans to invest Ksh 1.9 billion in equipment upgrades while reducing its overall debt by Ksh 12.2 billion.
Centum Announces CEO Transition
Centum Investment Company PLC announced that Dr. James Mworia will step down as Group CEO and Managing Director to become the founding CEO of the National Infrastructure Fund.
Mworia leaves after nearly 18 years at the helm, during which Centum’s assets grew from Ksh 4 billion to approximately Ksh 46 billion. The transition marks a significant change in leadership for one of Kenya’s leading investment companies.
Absa Bank Kenya Appoints Yusuf Omari as CEO
Absa Bank Kenya officially appointed Yusuf Omari as Managing Director and CEO.
Omari previously served as the bank’s CFO since 2009 and became Interim Managing Director and CEO on 1 July 2026. He has been with the lender for close to two decades and has more than two decades of leadership experience.
Equity Group Surpasses Ksh 400 Billion Market Capitalisation
Equity Group Holdings became the first Nairobi Securities Exchange-listed banking group to surpass Ksh 400 billion in market capitalisation.
The milestone reflects the market value investors place on the banking group, which has grown into one of the largest financial institutions in the region.
Britam Clears Historical Accumulated Losses
Britam Holdings has cleared Ksh 5.88 billion in historical accumulated losses from its parent company books following a major financial restructuring.
The process involved reducing the share premium account, with the restructuring approved by the High Court and registered with the Registrar of Companies. The move removes the accumulated deficit from the company’s books and strengthens its balance sheet position.
Treasury Bill Demand Remains Strong
The latest Treasury Bill auction attracted Ksh 55.51 billion in bids against a government target of Ksh 28 billion, translating to an oversubscription rate of 198.2%.
The Central Bank accepted Ksh 53.28 billion, reflecting continued investor appetite for short-term government securities.
The Central Bank of Kenya has also published a new Ksh 60 billion Treasury Bond prospectus, reopening a 20-year bond issued in 2019 and a 30-year bond issued earlier this year.
The bonds offer coupon rates of 12.87% and 12.5%, respectively, providing investors with another opportunity to access long-term government securities.
NCBA Expands Diaspora Engagement
NCBA deepened its focus on the Kenyan diaspora following a multi-city engagement tour across the United Kingdom.
The initiative brought the bank’s banking, property financing, investment and wealth management solutions closer to Kenyans living and working abroad.
KCB Partners with Public Universities on Climate-Resilient Campuses
KCB Bank Kenya signed a Memorandum of Understanding with public universities to support the financing of their transition to cleaner, more efficient and climate-resilient campuses.
The partnership aims to address the financial, infrastructure and sustainability challenges facing the higher education sector.
KCB Group was also recognised among the world’s top-performing banks in the inaugural Forbes World’s Top Performing Banks 2026 ranking.
Produced by Forbes in partnership with Statista, the ranking recognises 500 leading banking institutions across 89 countries.
Family Group Foundation Supports Ngong Hills Restoration
The Family Group Foundation partnered with the Kenya Forest Service to support restoration efforts in the Ngong Hills Forest Ecosystem.
The three-year Framework for Collaboration will focus on expanding seedling production, supporting tree-growing initiatives and strengthening community participation in forest conservation.
#KnowledgeSeries: H1 2026 Banking Sector Review
The highlight of the week for us was our #KnowledgeSeries X-Space, where we took a deep dive into the performance of Kenya’s listed banks, key macroeconomic indicators and potential investment opportunities.
Catch the recording here:
https://x.com/i/spaces/1dKrPrwoQaOJX?s=20
Coming Up
6th Abojani Economic Empowerment Conference
Plans are underway for the 6th Abojani Economic Empowerment Conference, taking place on 21st November 2026 at Radisson Blu, Upper Hill.
Under the theme “Invest Intelligently,” the conference will bring together investors, professionals and thought leaders to explore how to navigate an increasingly complex investment environment.
83rd Abojani Masterclass
Coming up in October, the 83rd Abojani Personal Finance, Saving and Investing Masterclass will run from 5th October 2026 for three weeks.
The online sessions will cover practical approaches to investing and building a sustainable portfolio.
Register today and Join us.
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.
