The Kenyan Wallstreet✔

Kenya’s annual inflation rose to 7.3% in October 2026, from 6.8% in September, the highest since June 2023 and just 0.2pp below CBK’s 7.5% upper target limit. Consumer prices increased 0.7% MoM, with the CPI rising to 157.60. Food inflation accelerated to 10.2%, transport to 17.1% and housing to 3.7%, with fuel and milk among the key monthly pressures. Core inflation climbed to 4.3% from 4.0%, while non-core inflation rose to 15.1% from 14.0%. Core items contributed 4.5pp to headline inflati…

Airtel Money revenue exceeded voice in East Africa for a second consecutive quarter, reaching $318Mn in July–September 2026 against $308Mn from voice. The first crossover occurred in April–June, ending 20 quarters of voice dominance. For the six months ended September, mobile money revenue rose 31.9% to $615Mn, ahead of voice at $593Mn and data at $566Mn on a reported segment basis. Mobile money customers increased 13.5% to 44.1Mn, while transaction value climbed 46.5% to $98Bn. Management c…

A new season of Just Money Podcast is here! Parked private jets, rented luxury cars and flashy lifestyles can make anyone look like a successful trader. But how much of what you see online is real? On this episode, Nima Siar, Head of Partner and Business Development Initiative at Exness, joins host Erick Asuma to unpack lifestyle marketing in forex trading, misleading advertising and what new investors should look out for before trusting a trader. His advice? Ask more questions and look beyon…

Airtel Africa more than doubled capital expenditure to US$657 Mn in the six months ended September 2026, from US$318 Mn a year earlier, to expand its networks across 14 markets. Over the past year, the operator deployed about 4,200 infrastructure sites and added more than 4,400 4G sites, bringing the share of 4G-enabled sites to 99.2%. Its 5G footprint reached 4,100 sites across seven markets following launches in Gabon and Seychelles, while its fibre network exceeded 83,000 km. Data customer…

Kenya Pipeline Company (KPC) Adds Over US$ 1Billion in Market Value in Seven-Day Rally Following Dangote's 25% Stake Acquisition ▸ Thu, Oct 22: +7.95% (+KSh 13.08Bn) ▸ Fri, Oct 23: +7.87% (+KSh 13.99Bn) ▸ Mon, Oct 26: +9.00% (+KSh 17.26Bn) ▸ Tue, Oct 27: +9.13% (+KSh 19.08Bn) ▸ Wed, Oct 28: +9.96% (+KSh 22.72Bn) ▸ Thu, Oct 29: +9.78% (+KSh 24.53Bn) ▸ Fri, Oct 30: +9.57% (+KSh 26.35Bn) Total: +83.22% (+KSh 137.03Bn / US$1.05Bn)

*Airtel Africa results for the six months ended 30 September 2026:* - ▸ Net profit rose 20.5% to $452 Mn, despite finance costs rising 57.1% to $477 Mn amid higher lease interest, exceptional charges and lower currency gains. - ▸ Revenue grew 28.2% to $3.82 Bn, led by 35.3% data growth. EBITDA climbed 32.8% to $1.92 Bn, lifting the margin to 50.3%. - ▸ Airtel Money revenue rose 34.8% to $840 Mn, with 60.9 Mn customers and $130.1 Bn in transactions, up 46.4%. Its London IPO was completed in Oc…

Absa Group has opened its first Gulf office in Dubai International Financial Centre to support trade and investment between the Middle East and Africa. The branch holds a Category 4 licence permitting investment deal arrangement, financial product advice and credit arrangement and advice. t will connect Gulf companies, investors and institutions with Absa’s African operations rather than lend from its own balance sheet. Infrastructure, energy, logistics and agriculture are among the sectors dr…

Quickmart IPO closes on Friday 30 October at 5:00 pm EAT. Price: KSh 7.50 a share Minimum: 500 shares (KSh 3,750), then multiples of 100 (KSh 750 each) How to apply: The official Quickmart IPO portal Ziidi Trader, in the M-PESA app USSD: *483*803# Authorised placing agents You need a CDS account first. Pay only through the details shown on the official application platform. Results: 6 Nov. Refunds and CDS credits: 11 Nov. Trading expected: 12 Nov. Dates may change. Step-by-step guide: https…

Kiharu MP Ndindi Nyoro's stakes in Kenya Power and Olympia Capital Holdings have reached a combined indicative value of KSh 1.06Billion, following Olympia's extraordinary rally on Wednesday. ➠ $OCH: 3.98Mn shares valued at KSh 597.34Mn, based on the day's high of KSh 150.00. ➠ $KPLC: 21.50Mn shares valued at KSh 461.18Mn, using a share price of KSh 21.45.

Olympia Capital Holdings ($OCH) shares have surged as much as 1,977.6% to KSh 150.00 Lifting the company's implied market value by KSh 5.71Bn to KSh 6.00Bn. Beating: ● Satrix MSCI World Feeder ETF ➠ KSh 5.70Bn ● Williamson Tea ➠ KSh 5.41Bn ● ARM Cement ➠ KSh 5.33Bn ● Kapchorua Tea ➠ KSh 5.25Bn ● Sanlam Kenya ➠ KSh 5.13Bn ● Sasini PLC ➠ KSh 5.06Bn ● Liberty Kenya ➠ KSh 4.99Bn ● TPS EA Serena ➠ KSh 4.76Bn ● Sameer Africa ➠ KSh 4.34Bn ● Africa Mega Agricorp ➠ KSh 4.05Bn ● BOC Kenya ➠ KSh 3.64Bn ●…

Olympia Capital Holdings ($OCH) shares have now reached KSh 25.00, extending Wednesday's rally to 246.3%. The latest surge pushes the company's market capitalisation to KSh 1.00Bn, up KSh 711.2Mn in a single session.

Olympia Capital's 246.3% intraday surge on Wednesday would rank as the NSE's second-largest single-day gain since 2008, according to our historical share price database. Only Nairobi Business Ventures' 649.3% rally in December 2020, following a Dubai investor takeover and trading resumption, was larger. > The ranking is subject to Olympia's closing VWAP.

Africa Logistics Properties has launched Kivu, an 11,000 sqm warehouse development at ALP West Logistics Park in Tilisi The facility reached approximately 85% occupancy within its first month of completion, making it the park’s fastest-filled phase, according to ALP. Its anchor tenant is a distribution partner to an unnamed major hypermarket chain. Kivu is a potential future addition to ALP Industrial REIT, with no acquisition date or price announced.

Olympia Capital Holdings ($OCH) shares have extended their Wednesday rally, surging 107.8% to KSh 15.00. Market capitalisation has risen by KSh 311.2Mn to KSh 600Mn in a single session.

Olympia Capital Holdings ($OCH) shares surged 38.5% to KSh 10.00 at Wednesday's market open, gaining KSh 2.78 from Tuesday's close of KSh 7.22. The rally follows reports by Business Daily that Kiharu MP Ndindi Nyoro acquired a 9.76% stake in the NSE-listed investment firm, with plans to raise his holding to 25%. The jump also coincides with the release of Olympia's half-year financial results.

Britam Holdings has appointed former EY Kenya Country Managing Partner Celestine Munda as Board Chairperson, effective 27 October 2026, subject to regulatory approval. Munda has served as Interim Chair since 30 March 2026 and brings over 30 years of experience in professional services and energy. She previously held senior EY leadership roles across East and Central Africa and the continent, alongside positions at PwC and Royal Dutch Shell. She currently serves on the boards of M-PESA Foundat…

Kenya Pipeline Company (KPC) shares surged 9.96% to a record KSh 13.80 on Wednesday, extending their rally to a fifth consecutive session following Dangote's 25% stake acquisition. The stock has gained 52.32%, adding KSh 86.14Bn (US$ 662.6Mn) in market value and lifting KPC's valuation to KSh 250.79Bn, making it the NSE's fourth-largest listed company.

ALP Industrial REIT has approved an interim distribution of US$930,434 (KSh 120.92Mn), equivalent to US$0.0207 (KSh 2.69) per unit, based on its unaudited accounts as at 30 September 2026. Payment is scheduled for 27 November to unitholders on the register at close of business on 18 November. No distribution was recommended at June, when the REIT had recognised only two months of rental income. It reported US$233,087 (KSh 30.29Mn) net profit, US$45.18Mn (KSh 5.87Bn) in assets and 98% seed port…

*Olympia Capital Holdings Results for the Six Months Ended 31 August 2026* - ▸ Net profit fell 18.2% to KSh 17.37Mn as higher operating and finance costs outweighed revenue growth. - ▸ Revenue rose 4.5% to KSh 278.79Mn, but cost of sales increased 18.4% to KSh 100.63Mn, reducing gross profit by 2.0% to KSh 178.16Mn. - ▸ Other income jumped 74.9% to KSh 23.02Mn, while operating expenses climbed 4.9% to KSh 173.91Mn, leaving operating profit 6.4% lower at KSh 27.27Mn. - ▸ Finance costs increas…

Another day another 10% gain on KPC $500M (KSh 65B) new paper wealth minted since dangote bought