|❤️Financial Research & Analysis on East African Markets| |🗞️Newsletter: https://xitter.cf/t.co/vXkqHKrslm| | Instagram/: https://xitter.cf/t.co/jLHxuIyENa
Joined November 2020
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Mwango Capital retweeted
Great listening to @DonaldWangunyu on @MwangoCapital spaces today.
Great opportunity for investors to lean on Short Selling.
KASIB Chair, Donald is definitely keen to “watch his words.”😅
We’re live with @DonaldWangunyu discussing short selling, which lets investors profit from falling share prices.
@NSE_PLC @investwithSIB @KASIB_KE @cdsckenya
Join us: xitter.cf/i/spaces/1nGnRBDLWOdGO
The Mwango Capital Pod - Episode 187
In this episode, we are joined by Francis Mwangi, CEO of Kestrel Capital, Simon Macharia, CFO of Quickmart, and David Kanyi, Portfolio Lead, Wealth and Empowerment at Safaricom, as we discuss investing through Ziidi Trader, Quickmart’s KES 15B IPO, its financial performance and expansion plans, access to the Dangote Refinery offering through GDRs, and Ziidi Trader’s plans to introduce additional investment products.
Link in the tweet below.
Summary of the Markets Today [27th October 2026]:
🟢 Top Gainer: Kenya Pipeline Company (KPC) up 9.13% to KES 12.55.
🔴 Top Loser: The Standard Group down 7.92% to KES 5.58.
Highlights:
—Equity turnover declined 60.6% to KES 556.0M (from KES 1.41B in the previous session), as traded volumes fell 61.3% to 16.61M shares, down from 42.95M shares.
—Market indices closed mixed, with NASI gaining 0.5%, while the NSE 20 (-0.4%), NSE 10 (-0.1%), and NSE 25 (-0.1%) declined. Total market capitalisation increased 0.5% to KES 3.96T.
—Buying interest was concentrated in Kenya Pipeline Company (+9.1% to KES 12.55), Eveready East Africa (+4.8% to KES 0.87), Uchumi Supermarket (+3.9% to KES 1.33), Express Kenya (+2.1% to KES 7.70), and Eaagads (+1.4% to KES 29.00).
—Selling pressure was most pronounced in The Standard Group (-7.9% to KES 5.58), TPS Eastern Africa (-4.3% to KES 16.85), Nairobi Securities Exchange PLC (-4.1% to KES 33.10), Sanlam Allianz Holdings (-3.9% to KES 9.44), and WPP Scangroup (-3.7% to KES 1.83).
—Foreign Net Flows: Foreign investors recorded net outflows of KES 242.7M, widening from KES 56.5M in the previous session. Foreign purchases declined 95.4% to KES 47.4M, while foreign sales fell 73.1% to KES 290.1M, reflecting weaker foreign participation.
—Fixed Income: Bond market turnover declined 31.5% to KES 9.72B, down from KES 14.19B in the previous session, reflecting subdued trading activity in the secondary bond market.
Mwango Capital retweeted
Summary of the Markets Today [26th October 2026]:
🟢 Top Gainer: Nairobi Securities Exchange PLC up 9.5% to KES 34.50.
🔴 Top Loser: Uchumi Supermarket PLC down 8.6% to KES 1.28.
Highlights:
—Equity turnover surged 136.3% to KES 1.41B (from KES 596.4M in the previous session), as traded volumes increased 154.4% to 42.95M shares, up from 16.88M shares.
—Broad market indices closed in negative territory, led by declines in the NSE 10 (-0.7%), NSE 25 (-0.6%), NSE 20 (-0.6%), and NASI (-0.2%). Total market capitalisation edged down 0.1% to KES 3.94T.
—Buying interest was concentrated in Nairobi Securities Exchange PLC (+9.5% to KES 34.50), Kenya Pipeline Company (+9.0% to KES 11.50), Express Kenya (+7.4% to KES 7.54), TPS Eastern Africa (+6.7% to KES 17.60), and Olympia Capital (+6.3% to KES 7.46).
—Selling pressure was most pronounced in Uchumi Supermarket (-8.6% to KES 1.28), Longhorn Publishers (-7.8% to KES 2.48), Eveready East Africa (-5.7% to KES 0.83), Sasini (-5.5% to KES 22.20), and Shri Krishna Overseas (-5.4% to KES 15.00).
—Foreign Net Flows: Foreign investors recorded net outflows of KES 56.5M, despite foreign purchases jumping to KES 1.02B from KES 79.1M. Foreign sales rose to KES 1.08B from KES 279.8M, reflecting elevated participation on both sides of the market.
—Fixed Income: Bond market turnover increased 49.2% to KES 14.19B, up from KES 9.51B in the previous session, reflecting stronger trading activity in the secondary bond market.
If it's a standard investment agreement between the government and Dangote, why not disclose it then?
President Ruto has defended Dangote’s acquisition of shares in Kenya Pipeline Company, saying the shares are available on the NSE for anyone to buy.
He dismissed demands to disclose the deal, describing it as a standard investment agreement, and warned of a crackdown on alleged racketeering surrounding the transaction.
Mwango Capital retweeted
Standard Group has appointed John Bundotich as Acting Group CEO, effective 1 November 2026, replacing Chaacha Mwita, who resigned after seven months.
Bundotich, currently Acting Editor-in-Chief, has over 25 years of media experience.
Standard Group CEO Chaacha Mwita has resigned effective 1 Nov 2026, just 7 months after his substantive appointment (April 2026).
He succeeded Marion Gathoga-Mwangi as Acting CEO effective 1 July 2025 (she resigned effective 30 June 2025 after roughly one year in the role).
This continues high leadership turnover at the media group amid ongoing losses, a suspended ~KES1.5B rights issue and unpaid government advertising bills.
No reason or successor disclosed.
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Mwango Capital retweeted
Anthropic has filed for what could become the largest IPO in history, targeting a Nasdaq listing under the ticker ANT, with Goldman Sachs and Morgan Stanley as lead underwriters.
$ANT
Link: sec.gov/Archives/edgar/data/…
Mwango Capital retweeted
Airtel Mobile Commerce N.V. H1 2027 results (USD, YoY):
— Revenue: +34.0% to 830M
— Wallet services revenue: +36.7% to 408M
— Payments and transfers revenue: +38.0% to 360M
— Financial services revenue: +55.9% to 39M
— Gross profit: +31.3% to 499M
— Underlying EBITDA: +26.4% to 398M
— EBITDA margin: -286 bps to 48.0%
— Operating profit: +23.0% to 373M
— PBT (Profit Before Tax): +18.2% to 360M
— PAT (Profit After Tax): +21.6% to 228M
— Net cash generated from operating activities: +10.8% to 366M
— Operating free cash flow: +27.1% to 378M
— Capex: +14.4% to 20M
— Basic EPS: +21.1% to 7.9 cents
— EPS (before exceptional items): +24.3% to 8.1 cents
— Total customer base: +18.7% to 56.7M
— Total processed value: +46.1% to 128B
— Interim dividend: 6.4 cents per share
Kenya recorded a KES 252.0B fiscal deficit in the first two months of FY2026/27 (July–August 2026), against a target of KES 73.5B, as revenue collections fell short and expenditure exceeded projections [KES, YoY].
—Total revenue: +11.9% to 488.9B (28.1B below target).
—Ordinary revenue: +14.0% to 383.9B (37.9B below target).
—Total expenditure: +29.0% to 746.6B (154.0B above target).
—Recurrent expenditure: +20.6% to 593.6B (101.7B above target).
—Development expenditure: +81.0% to 97.4B (26.7B above target).
The deficit was financed through 252.6B in net domestic borrowing, partly offset by 32.4B in net foreign repayments.
Kenya’s National Treasury is inviting public comments on the Draft 2027 Budget Policy Statement (BPS), covering FY 2027/28–2029/30.
— Deadline for submissions: 28 October 2026.
— BPS to be tabled in Parliament by 16 November 2026
Link: treasury.go.ke/sites/default…
CRDB Bank Group Q3 2026 Results [TZS, YoY]:
— Net interest income: +36.6% to 474.5B
— Non-interest income: +62.4% to 248.3B
— Profit before tax: +49.4% to 368.0B
— Profit after tax: +46.7% to 255.2B
— EPS: +46.3% to 98
— Total assets: +34.2% to 27.45T
— Net loans: +43.7% to 18.44T
— Total deposits: +26.5% to 17.79T
— Borrowings: +82.9% to 5.84T
— Gross NPL ratio: 2.27% (Q3 25: 3.24%)
— Cost-to-income: 38.5% (Q3 25: 43.9%)
— ROA: 5.3% (Q3 25: 4.9%)
— ROE: 31.9% (Q3 25: 28.0%)
— Regulatory penalty: TZS 50M for non-compliance with account-opening requirements
Summary: CRDB Bank Group grew Q3 2026 profit after tax 46.7% to TZS 255.2B, as net interest income rose 36.6% and non-interest income 62.4%, more than offsetting a 123% jump in loan impairments; ROE improved to 31.9% and cost-to-income fell to 38.5%. Net loans grew 43.7% to TZS 18.44T, but customer deposits fell 6.1% quarter on quarter, so the bank leaned on borrowings (+40.7% QoQ to TZS 5.84T) and gross loans-to-deposits climbed to 106%.
