Topicals



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Recent Topicals

KCB Group-Plc-H1'2021-earnings-note

Aug 22, 2021

Below is a summary of KCB Group’s H1’2021 performance:  Balance Sheet Items

Equity Group H1'2021 Earnings Note

Aug 22, 2021

Below is a summary of Equity Group Holdings Plc H1’2021 performance:  Balance Sheet Items (Kshs bn) 

Co-op Bank H1'2021 Earnings Note

Aug 22, 2021

Below is a summary of Co-operative Bank of Kenya Ltd H1’2021 performance:  Balance Sheet Items (Kshs bn)

Kenya Mortgage Refinance Company (KMRC) Update

Aug 22, 2021

The Kenya Mortgage Refinance Company (KMRC) is a treasury backed financial institution in Kenya that specializes in lending to Primary Mortgage Lenders (PMLs) such as banks, microfinance institutions and Savings and Credit Cooperatives (SACCOs) for onward lending to potential home owners.  It was established in August 2018 and began its operations in September 2020 after licensing by the Central Bank of Kenya (CBK), in an aim to increase home ownership through issuance of affordable mortgages. This week, we seek to do a follow up of the company and provide an update a year since operationalization, as well as benchmark with a more established refinance company;  We have in the past written three to...

Proposed Crowdfunding Regulations in Kenya

Aug 15, 2021

The Cabinet Secretary for the National Treasury and Planning, through the Capital Markets Authority (CMA), recently published the Draft Capital Markets Investment Based Crowdfunding Regulations, 2021. The proposed rules seek to regulate the raising of funds through online platforms by licensing and approving all persons who operate or intend to operate an investment-based crowdfunding platform. Given that these are new regulations in the capital markets, we found it necessary to demystify the proposed regulations and give our insights on them. We shall do this in five sections, namely: Introduction to Crowdfunding, Review of the draft regulations, Case Study – Australia, Recommendation, and, Conclusion