Safaricom 149Bn Stake for Sale, Crypto Eyes NSE, and Kenya’s Bill Payment Push

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The Kenyan Market Daily

Kenyan Market Daily Podcast

13 episodes

4 days ago

Your daily dose of Kenyan market insights! Stay ahead with concise updates on the NSE, interviews with financial experts, company deep dives, and practical investment tips. Whether you're a seasoned pro or just starting, we'll guide you through the Kenyan investment landscape. Tune in every weekday for market wisdom and actionable advice! RSSVERIFY

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Safaricom 149Bn Stake for Sale, Crypto Eyes NSE, and Kenya’s Bill Payment Push

The Kenyan Market Daily

20 minutes 20 seconds

5 months ago

Safaricom 149Bn Stake for Sale, Crypto Eyes NSE, and Kenya’s Bill Payment Push

In today’s episode of Kenyan Market Daily, we unpack Treasury’s bold plan to offload part of its Safaricom stake to raise Sh149 billion and avoid new taxes in the 2025 Finance Bill. We also break down the Canadian firm’s move to introduce crypto exchange-traded products (ETPs) to the NSE—potentially giving Kenyan investors their first regulated exposure to Bitcoin and Ethereum.

Other highlights include EA Cables losing a legal battle with Equity Bank over a Sh2.2B loan, a major drop in pending bills, and the latest shifts in banks' interest margins.

Stay tuned for sharp insights and what this all means for investors and policy watchers.

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Courtesy: Business Daily