Kenyan Wall Street
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Latest Business and finance news From Kenya and Sub Saharan Africa.
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At 18 years old in 1961, TK Muya read a magazine article that changed everything. It said the biggest banks in the world were started by individuals. He decided that day he would start a bank. 23 years later, he started a building society. 23 more years later, he converted it into a commercial bank. And today, 19 years after that, Family Bank rang the bell at the Nairobi Securities Exchange.
Kenyan Wall Street159,500 görüntüleme • 2 ay önce
On Family Bank's early days, TK Muya was: - the founder - the CEO - the executive chairman - the HR manager - the accountant - the lending officer and the first employee, all at once. He could not afford to hire expensive professionals and had to save costs to make sure the bank survived. His advice to every entrepreneur: "You don't start a company and then employ a very expensive CEO. You start there and then you grow gradually. When you start, you start small. Pole ndio mwendo." #FamilyBankListing
Kenyan Wall Street77,783 görüntüleme • 2 ay önce
"The banks wanted to kill M-Pesa. But wherever you go they say Kenya has done so well in digital... If we can reform to make the cost of money cheap, to reduce the cost of transactions, then we can do even better." - Former CBK Governor Micah Cheserem Video: CBK
Kenyan Wall Street54,189 görüntüleme • 2 ay önce
Aliko Dangote in Tanzania: "The governments of East Africa will be part owners of this refinery. It doesn't matter where the location is. And Tanzania, we have offered Tanzania to also be a part owner of this refinery. So the technical teams who have agreed they are going to look at where it's best suited and wherever it's best suited we'll do that refinery."
Kenyan Wall Street66,582 görüntüleme • 3 ay önce
🚨 Dangote reveals a dedicated Kenya investment vehicle that will allow investors to buy into the group and exit at any time via a tradeable certificate. "In Kenya, we put up a vehicle, and all investment will be done there. When they want to sell down, they can always sell down because there is a certificate. You can take your capital out at any time."
Kenyan Wall Street67,775 görüntüleme • 3 ay önce
Mr. Micah Cheserem on what he found when he walked into the CBK in 1993. ➠ Falling shilling ➠ No FX reserves ➠ Demoralized staff ➠ IMF and donors had cut funding ➠ Goldenberg: KSh 5.8Bn Scandal ➠ 1992 elections money fueling inflation ➠ Inflation at 100% Key first actions: ▸ Exchange controls abolished ▸ Goldenberg treasury bills personally cancelled ▸ Grand Regency seized as part of recovery ▸ KSh 1.2 billion overnight interbank lending absorbed ▸ Liquidity mop-up: interest rates raised, t-bills sold ▸ Inflation brought down to 9% ▸ Shilling strengthened dramatically ▸ 600+ exchange control clerks retired
Kenyan Wall Street37,890 görüntüleme • 2 ay önce
Former CBK Governor Prof. Njuguna Ndung'u revisits his clash with the IMF over Kenya's monetary policy. His argument: Kenya saw high growth (>7.0%) alongside high inflation (13-14%), with static money velocity, while the Fund pushed for monetary tightening. "I told the IMF that I am not a spanner boy." Credit: Central Bank of Kenya (Central Bank of Kenya)
Kenyan Wall Street15,217 görüntüleme • 1 ay önce
BREAKING: Kenya announces $2.9 billion worth of deals formalized today at the Kenya International Investment Conference 2026. The cross-sector investments are set to create over 63,000 jobs, marking a major boost for the country’s growth and investor confidence #KIICO2026
Kenyan Wall Street39,610 görüntüleme • 5 ay önce
Joe Sang, CEO of Kenya Pipeline Company, is one of the most sought-after business leaders in Kenya right now, with the state-owned company preparing to go public on the NSE PLC . In a recent sit-down with Eric Asuma, we explored his personal journey, his passion for running, and the resilience it instills. - Joe is up by 4:00 AM every day to run, and recently took on the Berlin Marathon with a sub-3-hour goal. - For him, running is about giving back to society and sharpening the endurance needed for leadership. We are looking forward to continuing this conversation with Joe during in front of global institutional investors at the inaugural #BullishKenya reception in New York this week.
Kenyan Wall Street62,331 görüntüleme • 11 ay önce
“Kenya Pipeline is more than a company—it’s the security of fuel supply for Kenya and the region,” says CEO Joe Sang. 📊 10B litres of petroleum products flow through KPC every month, supplying: 🇺🇬 99% of Uganda’s market 🇸🇸 70% of South Sudan 🇨🇩 75% of Eastern DRC 🇷🇼🇧🇮 Rwanda & Burundi 🇹🇿 Northern Tanzania Over 130 oil companies depend on its network, and 22,500 trucks eliminated monthly from the Mombasa–Nairobi route alone
Kenyan Wall Street39,520 görüntüleme • 11 ay önce
The Race of Dominance: 20 Years of Kenyan Banking Kenya’s listed banks grew from KSh 376B in 2004 to a peak of KSh 8.08T in 2023, but for the first time in decades, assets have dropped KSh 335B in 2024. Which banks have led the race over the years? Watch this visualization from Econsult Africa | Economic Intelligence tracking the shifting ranks from 2004 to 2024.
Kenyan Wall Street13,921 görüntüleme • 1 yıl önce
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