Oct 11, 2026
Visa Schedules Fiscal Q4 and Full-Year 2026 Earnings Release During the week, Visa Inc. announced that it will release its fiscal fourth quarter and full-year 2026 financial results on Tuesday, October 27th, 2026 after market close, furnishing the results to the U.S. Securities and Exchange Commission and posting them on its Investor Relations website. Management will host a live audio webcast at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time), with a replay available for 30 days, while the company remains in its customary quiet period during which executives will not interact with the investment community until the results are public. The announcement sets the timeline for the next major information event for Visa share...Kenya's Mortgage Market Review 2026
Oct 11, 2026
Kenya has one of the most developed banking sectors in Sub-Saharan Africa, with banking sector assets of Kshs 8.4 tn, equivalent to 47.5% of GDP, and one of the most advanced digital finance ecosystems globally. Yet its mortgage market remains among the shallowest on the continent relative to the size of the economy. As per the latest Bank Supervision Annual Report 2025 by the Central Bank of Kenya (CBK), there were only 30,762 mortgage loan accounts in the market as at December 2025, with an outstanding value of Kshs 307.2 bn, against customer deposits of Kshs 6.1 tn. Mortgages therefore account for only 7.1% of the banking sector's gross loan book of Kshs 4.4 tn, and 1.7% of the country's nominal GDP of Kshs 17.6 tn in 2025, as per the Economic S...Kenya’s FY’2026/2027 Budget Review
Jun 28, 2026
On 11th June 2026, the National Treasury presented Kenya’s FY’2026/2027 National Budget to the National Assembly highlighting that the total budget estimates for FY’2024/25 increased by 3.9% to Kshs 4.8 tn from the Kshs 4.6 tn in FY’2025/2026 revised estimates, while the total revenue inclusive of grants increased by 6.8% to Kshs 3.7 tn from the Kshs 3.4 tn in FY’2025/2026 revised estimates . The increase is mainly due to an 7.2% increase in ordinary revenue to Kshs 3.0 tn for FY’2026/2027, from the Kshs 2.9 tn in FY’2025/26 revised estimates. The FY’2026/2027 budget focuses mainly on providing solutions to the heightened concerns on the high cost of living, the measures put in place to stimulate sustainable economic recovery as well as undertaking a growth-friendly fiscal consolidation to preserve the...Progress of the Retirement Benefits Schemes in Kenya in Q1’2026
May 24, 2026
Kenya’s retirement benefits industry continued to demonstrate resilience and steady growth in Q1’2026, supported by continued implementation of the National Social Security Fund (NSSF) Act, 2013, improved contributions and favourable capital markets performance. The retirement benefits sector remains a critical pillar of Kenya’s financial system, serving both as a long-term savings vehicle for members and as a major source of long-term capital for the economy, contributing 16.1% of GDP as of December 2025. According to the latest Retirement Benefits Authority Industry Brief for December 2025, the Assets Under Management (AUM) increased by 24.6% to Kshs 2.8 tn from Kshs 2.3 tn. The performance was attributable to higher contributions from the NSSF Act, 2013’s raised limits and strong investment performance supported by a stable macroeconomic environment. According to the ACTSERV Q1’2026 Pension Sche...Unlocking Kenya’s Capital Markets
May 17, 2026
The most recent Nairobi Securities Exchange (NSE) Initial Public Offer (IPO) was in January 2026, when the Kenya Pipeline Company issued an IPO managing to raise Kshs 112.4 bn against the target of Kshs 106.3 bn, 105.7% success rate. This marked the end of an 11-year IPO drought at the bourse, with the previous IPO having been in 2015 when Stanlib Investments launched the first Real Estate Investment Trust (Fahari I-REIT) at the NSE. The issue raised Kshs 3.6 bn against a target of Kshs 12.5 bn, translating to a 28.8% subscription success rate. Currently, the bourse has 69 listed securities with a total market capitalization of Kshs 3.4 tn as at 15th May 2026. The bourse continues to be Safaricom-dominated, with Safaricom’s market capitalization of Kshs 1.2 tn equivalent to 35.3% of the entire market capitalization. Additionally, Safaricom (35.3%) and Banks (42.0%) make up 77.3% of the total bourse, leaving all other local sectors to share the remaining 22.7%, as of...