Topicals



We research widely to deliver unique insights.


Recent Topicals

Global Markets Review

Jul 3, 2022

Introduction  According to the World Bank’s June 2022 Report, the global economy is projected to grow at a slower rate of 2.9% in 2022, 1.2% points lower than their initial growth outlook of 4.1%, largely driven by a projected 3.4% slow growth in emerging markets and developing economies, coupled with a 2.6% deceleration in advanced economies. The slow growth has been driven by rising energy prices, less favorable financial conditions, and supply chain disruptions, all of which have been exacerbated by the war in Ukraine. In emerging markets and developing economies, the economy is expected to grow at a slower rate of 3.4%. The slow growth is attributable to spil...

Debt Restructuring

Jun 26, 2022

Over the last two years, the corporate sector has faced unprecedented challenges as a result of the COVID-19 pandemic, which resulted in lost income, reduced profits, and a deterioration in the business environment. As such, it is important for business owners to understand the key options available to ensure that their companies stay afloat and grow in the long run. Companies facing significant financial challenges have several options to consider. These include bringing in new capital in the form of debt or equity, as well as going the extra mile and requesting time to restructure their businesses. We have previously covered a topical on “Business Restructuring Options” in 2020 and concluded that business owners should fully understand the Insolvency Act as it helps in offering struggling businesses a second chance to reorganize themselves and come out stronger and viable businesses, as...

Kenya Listed Banks Q1’2022 Report

Jun 19, 2022

Following the release of the Q1’2022 results by Kenyan listed banks, the Cytonn Financial Services Research Team undertook an analysis on the financial performance of the listed banks and identified the key factors that shaped the performance of the sector. For the various earnings notes of the various companies, click these links: Equity Group Q1’2021 Earnings Note; KCB Group Q1’2022 Earnings Note; ABSA Bank Kenya Q1’2022 Earnings Note; Standard Chartered Bank Kenya Q1’2022 Earnings Note;

Nairobi Metropolitan Area Residential Report 2021

Jun 12, 2022

Last year, we released our Nairobi Metropolitan Area (NMA) Residential Report 2021, themed “Market Performance in the Wake of a Recovering Economy” where we analyzed the performance of 32 residential nodes. This week we update our research on the Nairobi Metropolitan Area (NMA) residential sector by showcasing the sector’s performance in the region in terms of price appreciation, rental yields and market uptake, based on coverage of 35 areas located within the Nairobi Metropolis. We also discuss factors affecting residential supply and demand, the recent developments impacting the sector and conclude with a look...

Kenya Listed Insurance FY’2021 Report

Jun 5, 2022

Following the release of the FY’2021 results by Kenyan insurance firms, the Cytonn Financial Services Research Team undertook an analysis on the financial performance of the listed insurance companies and the key factors that drove the performance of the sector. In this report, we assess the main trends in the sector, and areas that will be crucial for growth and stability going forward, seeking to give a view on which insurance firms are the most attractive and stable for investment. As a result, we shall address the following: Insurance Penetration in Kenya Key Themes that Shaped the Insurance Sector in FY’2021, Industry Highlights and Challenges, Performance of The Listed Insurance Sector in FY’2021, and, Conclusion & Outlook of the Insurance Sector. Section I: Insurance Penetration in Kenya Insurance uptake in Kenya remains l...