
Mwango Capital
@MwangoCapital • 175,773 subscribers
|❤️Financial Research & Analysis on East African Markets| |🗞️Newsletter: https://t.co/vXkqHKrslm| | Instagram/: https://t.co/jLHxuIyENa
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Mood after increasing taxes on Kenyans through the Finance Bill 2026:
Mwango Capital168,561 görüntüleme • 2 ay önce

That's 10M+ worth of an investment going down like that in a few minutes. 😬
Mwango Capital921,731 görüntüleme • 2 yıl önce

Even the KRA deputy commissioner can't explain why the new motor vehicle tax is necessary:
Mwango Capital492,451 görüntüleme • 2 yıl önce

President William Ruto: —East African Community partners are now discussing a joint regional refinery with Dangote in Tanga, Tanzania, to process crude from DRC, Kenya, South Sudan, and Uganda. —Plans include a short Tanga–Mombasa pipeline and use of existing shared infrastructure (Kenya Pipeline) to distribute refined products, improving asset utilisation across the region. —Kenya signals readiness to co-invest, targeting delivery of the refinery within 4–5 years if agreements are reached. —He says refining economics in Africa remains policy-driven; as Aliko Dangote noted to Olusegun Obasanjo, importing fuel can be more profitable than refining without the right incentives. [Video: Bloomberg]
Mwango Capital72,702 görüntüleme • 3 ay önce

Treasury CS is materially understating the cost of the dividend monetisation by calling it 5.6%, when the correct annuity-based discount rate on the State’s foregone dividends is closer to 10.5%. Vodacom, by contrast, prices that same stream at a 16.5% IRR capped at 18%, which is the economic return the government is surrendering by taking KES 40.2B today instead of collecting Safaricom dividends over time.
Mwango Capital102,215 görüntüleme • 7 ay önce

Treasury CS on IFBs: "You're earning 18% from a bond, and you're paying zero tax. Yet someone who earns very little money by selling fruits on the roadside pays tax. Is that fairness? It is not. There are taxes that we must discuss" Looks like IFBs will be taxed.
Mwango Capital155,746 görüntüleme • 1 yıl önce

James Mwangi when asked about his retiring: "Nobody retires from entrepreneurship. Age doesn’t retire one from investing..My mother went on at 98 & she was still investing in her small-scale farm. So if I live for as long as my mother, kindly bear with me for the next 40 years"
Mwango Capital149,791 görüntüleme • 1 yıl önce

President’s Council of Economic Advisors Chair David Ndii weighs in on whether the shilling is “too stable”. He says: —Debates on whether the shilling is “too stable” are misguided. —Exchange rates move due to fast financial factors and slow real-economy adjustments. —There’s no clear equilibrium level for the shilling. —Policymakers should act pragmatically, not mechanically follow IMF models.
Mwango Capital69,997 görüntüleme • 8 ay önce

The Government is seeking to raise ~KES 106.3B through the sale of 11.8B Kenya Pipeline Company shares, representing a 65% stake, at an offer price of KES per share, implying a market capitalisation of ~KES 163.6B: —The offer is scheduled to run from 19 January to 19 February 2026, longer than previous IPOs, to allow broader retail participation, with a proposed NSE listing on 9 March 2026. —The transaction will be executed as Kenya’s first fully electronic IPO (e-IPO), with applications submitted digitally. —Share allocation has been structured across investor pools: 20% local retail, 20% local institutional, 20% regional (EAC), 20% international, 15% oil marketing companies, and 5% KPC employees. —The transaction is being executed by a consortium of advisers led by Faida Investment Bank (Lead Transaction Adviser), Dyer & Blair (Lead Sponsoring Broker), Francis Drummond & Co. (Co-Sponsor), PwC (Reporting Accountant), TripleOKLaw and G&A Advocates (Legal Advisers), with Image Registrars, Belva Digital, Apex Porter Novelli, and receiving banks Co-operative Bank, KCB, and Stanbic Bank.
Mwango Capital45,427 görüntüleme • 6 ay önce