Treasury bills (T-Bills) were oversubscribed this week, with the government raising Ksh 42.8 Bn out of the Ksh 24.0 Bn that was on offer. Rates now stand at 8.4%, 8.6% and 10.0% for the 91-Day, 182- Day and 364 -Day papers respectively.
Jubilee Holdings restructures Uganda subsidiaries. The Jubilee Insurance parent company is merging two of its three subsidiaries in Uganda to reduce costs, streamline operations, and enhance its competitiveness in the Kampala market.
The merger, which involves subsidiaries offering health and life insurance, aims to improve operational efficiency and strengthen the products and services available to Ugandan customers.
NCBA cut its base lending rate. NCBA Bank Kenya has reduced its Kenya Shillings Base Lending Rate to 14.34% p.a. effective May 1, 2025.
BOC Kenya declared a final dividend of Ksh 6.15 per share for FY’2024, payable to shareholders registered in their books as of 31st May 2025, with the payment date set for 21st July 2025.
CBK invites feedback on Risk-Based Credit Pricing Model. The Central Bank of Kenya has released a Consultative Paper on the review of the Risk-Based Credit Pricing Model. The proposed framework adopts the Central Bank Rate (CBR) as the base rate, incorporating macroeconomic indicators and a premium for operational costs and borrower risk. Stakeholders are invited to submit feedback.
CMA calls for feedback on draft regulations on Corporate Governance. TheCapital Markets Authority new draft regulations aim to modernize corporate governance standards for market intermediaries.
ICEA LION hosted a client forum. During the week, ICEA LION Life Assurance hosted a dynamic session for its clients, offering valuable insights, strategic guidance, and thought-provoking perspectives.
And Coming Up…
Wrapping up #FinancialLiteracyMonth in style!
Join us for the annual Abojani #QuizNight, where attendees can showcase their knowledge, have fun, and walk away with exciting prizes. It’s your chance to test your skills, learn something new, and connect with others.
Register here: https://bit.ly/FLMQuiz2025
The 67th Abojani Personal Finance, Saving & Investing Masterclass registration is still ongoing. This comprehensive short course covers budgeting, debt management, investing, and long-term financial planning; designed to help participants turn financial knowledge into action.
The early bird offer runs until 30th April 2025 – REGISTER HERE
Call 0763 682 116 or Email: learning@abojani.com
#T-Bills – Click Here to Connect with 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.
