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