Rosier times for Kenya’s post-Covid economy despite election jitters: analysts

Economic recovery began with easing of Covid containment measures and gradual resumption of business in the past year. PHOTO | FILE | NMG Market analysts expect rising political temperatures ahead of the August general election, rising fuel prices, lower agricultural output due to potential adverse weather and the desert locust infestation in the northern parts […]

The Big Picture: Steyn expects strong earnings growth in Africa this year

The Big Picture: Steyn expects strong earnings growth in Africa this year

Print Track Keywords An Africa equity-focused fund manager believes that it pays to bet on Africa’s earnings growth. Steyn Capital Management , an African and frontier markets-focussed equities investor located in the Winelands surrounding Cape Town, South Africa, has been investing in African markets since 2009. It manages more than US$700m in a South African […]

Fixed income securities touch new high at NSE

Fixed income securities touch new high at NSE

Retail and institutional investors have been seeking higher guaranteed returns on the Nairobi Securities Exchange. PHOTO | FILE Both retail and institutional investors have been seeking higher guaranteed returns available from government securities, as earnings from other asset classes such as equities and cash deposits remain low. The government’s large appetite for debt also fuelled […]