For years, Home Afrika was the kind of stock investors talked about in the language of disappointment: stalled projects, heavy debt, weak cash generation, and a balance sheet that seemed permanently stuck in distress. Then the story changed. The company posted profits again, margins improved, debt levels came down, and the share price began to wake up. On the surface, it looked like a classic turnaround. But Home Afrika’s recovery is more complicated than a simple comeback st

Kenya’s fund managers are holding an unusually large cash buffer, and that matters far beyond the collective investment industry. The headline number is striking: KSh 120.22 billion in cash and demand deposits, the highest on record, now standing as one of the largest asset buckets in the industry. In practical terms, this is not just “idle money.” It is a signal about how professional investors currently view risk, return, and the opportunity set in Kenya. At the same time,

Sameer Africa’s story has changed completely. Once known for tyres, the company now looks more like a property and land-bank play sitting on valuable Nairobi real estate, a debt-free balance sheet, and a growing gap between accounting value and realizable asset value. Its FY2025 results show that the transformation is not just a narrative: revenue reached KSh 432.74 million, profit climbed to KSh 274.28 million, and the business generated all of its income from rental operati

Family Bank is about to do something that matters a lot to investors: it is moving from a lightly traded over-the-counter setup to the Nairobi Securities Exchange, where price discovery, liquidity, and visibility are much stronger. The listing by introduction is set for June 23, 2026, at KSh 18 per share, and that price has already sparked debate. On the surface, it looks like a simple listing event. In reality, it is a test of how the market values a growing Kenyan bank that

Executive Summary Kapchorua Tea (NSE: KAPC) is a small, illiquid Kenyan tea producer that enjoyed a sharp rebound in HY2026 earnings after a weak FY2025. Revenue in FY2025 was flat at KES 2.22 billion, but net profit plunged ~55% to KES 181.2 million (EPS KES 23.16). By contrast, HY2026 (Sept. 2025) delivered KES 95.2 m profit on KES 829.9 m sales (EPS KES 12.17), up 5× thanks to cost cuts and a KES 39.4 m non-cash biological-asset gain. Cash flow from operations has been ver

Executive Summary BOC Kenya is a niche supplier of industrial and medical gases in East Africa, leveraged to both healthcare (defensive) and industrial demand. In FY2025 it delivered strong growth – Revenue +18.5% to KES 1.427bn, Net Profit +48.4% to KES 314.0m (EPS KES 16.08) – driven by post-pandemic medical gas de mand and engineering projects. The Board proposes a total dividend of KES 12.85/share (80% payout). However, the stock now yields only ~7.3% (KES12.85/176) at ~K

The Kenyan financial landscape in May 2026 presents a complex picture. On one hand, the Nairobi Securities Exchange (NSE) continues to show pockets of strength, with market capitalization rising to KSh 3,476.91 billion in early May. On the other, the global environment is fraught with uncertainty—the US-Iran conflict, volatile commodity prices, and shifting monetary policy are creating headwinds for emerging markets. For the Kenyan investor, the key question is no longer just

Target price: KSh 13.53 Current Fair value: KSh 10.24 Summary Liberty Kenya (NSE: LBTY) is a Nairobi‐listed insurance holding company (Liberty Holdings (SA) subsidiary) whose core subsidiaries are Liberty Life Kenya (life insurance), Heritage Insurance Kenya (general insurance) and CFC Investments (asset management). The stock trades very cheaply: as of May 2026 it was ~KSh9.80 per share (P/B ≈0.5x, given ~KSh10.08 bn equity). Recent results show continued revenue growth (+8.

Target price = KSh 105.00 NCBA Group PLC is the target of a partial takeover by South Africa’s Nedbank. On 4 May 2026 NCBA confirmed that Nedbank will acquire ~66% of NCBA via a pro-rata tender offer. The offer consideration is KSh 105 per share (gross) – split into 4.02994 Nedbank shares plus KSh 2,100 cash for each 100 NCBA shares. Shareholders entitled to fewer than 200 Nedbank shares (i.e. small retail holders) will receive the full consideration in cash (KSh 10,500 per 1

Trading equities without a plan isn’t investing – it’s gambling with your emotions in the driver’s seat. Here’s how to create your own set of rules for entry, exit, position size, and valuation, and why sticking to them is the smartest thing a new trader can do. You’ve opened a brokerage account, read a few articles, and maybe even bought your first shares. The excitement is real. But there’s a point where every beginner trader hits the same wall: when do I actually buy? When

Target price = Ksh 32.65 Carbacid is a niche industrial-gas and investment holding company. Its core earnings come from CO₂ gas sales (Kenyan and regional markets) and financial income (deposits, bonds, equity dividends). In FY2025 Carbacid reported KSh 1,002.9m PAT (EPS 3.94), up 18.9%. Revenue was KSh 2.100b, +1.6%, with gross margin rising to 65% (from 59%) due to new capacity and solar investments. Other income (~KSh 322.5m) was mostly interest on cash/bonds, while a KSh

Target price = Ksh 3.40 Kenya Reinsurance (NSE: KNRE) is a state-dominated reinsurer with a mixed recent record. It posted KSh3.92 bn profit in FY2025 (down 11.6% yoy) on KSh17.07 bn revenue. A collapse in underwriting result (insurance profit only KSh108 m in 2025 vs KSh2,949 m in 2024) offset a jump in investment income (KSh6.60 bn in 2025, aided by lower FX losses). On a 1–5 year view, KNRE’s book value and dividends (it pays ~KSh0.15 per share annually) drive most of the

Stock trading can be an exhilarating yet daunting venture. With the potential for high rewards comes the risk of significant losses. Many aspiring traders find themselves overwhelmed by the complexities of the market. However, mastering stock trading is achievable with the right strategies and mindset. In this post, we will explore essential strategies that can help you navigate the stock market successfully. Eye-level view of a stock market trading screen displaying various