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Caroli Omondi, MP Suba South and Secretary General for Linda Mwananchi Movement, had some interesting remarks during World Bank's Kenya Economic update where focus on governance issues were in discussion earlier today. He alleged someone in government is pocketing $30 per metric tonne every month from fuel importation into the country. 1/2
Pesa Wall66,784 Aufrufe • vor 1 Tag

Earlier today, we attended the Quickmart IPO Offer open ceremony at the NSE. Here is the breakdown of key takeaways from the ceremony: 1. The founders' story Daniel Kinuthia, the founder of Quickmart, together with his mother, wife and sister narrated their journey and how they got here: "I went back to my mother and my sister to allow me bring a foreigner into the business, who was earning more money than me...." 1/8
Pesa Wall39,275 Aufrufe • vor 1 Monat

There was an interesting discussion about where Kenya and the larger East African economy is headed during Equity Group's investor briefing. The Group's Chief Economy Advisor, Charlie Robertson, says Kenya's economy today is where the Philippines were in the 1980-1990s:
Pesa Wall61,487 Aufrufe • vor 2 Monaten

CS Mbadi criticized Kenyans on being experts on everything, even things they don't understand while addressing the valuation of Kenya Pipeline IPO: "We are all legal experts, we are all accountants, we want to analyze P&L and balance sheets and you never went beyond class 8."
Pesa Wall142,215 Aufrufe • vor 8 Monaten

David Ndii says Kenya and other East African countries have been offered 30% stake in the Dangote Refinery to be built in Lamu. Kenya's commitment is $500m, about 10% equity. The total for the region is $1.5B. He made the remarks during Mwango Capital's Market Forum yesterday.
Pesa Wall31,695 Aufrufe • vor 2 Monaten

QuePay embeds mobile money payments and real-time intelligence into any automated system, from water ATMs to coffee machines. Their traction: —Transaction volume of Sh19.5m($150K) in 7 months after launch. —110+ devices deployed. Their ask: Sh65m ($500K) investment.
Pesa Wall12,768 Aufrufe • vor 5 Monaten

NSE CEO, Frank Mwiti, says options trading at the NSE should commence within the next month:
Pesa Wall14,568 Aufrufe • vor 7 Monaten
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