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(b) Equities The equities market dipped this week as NASI lost 0.8%, NSE 10 fell 0.7%, and NSE 20 dropped 0.4%. YTD gains remain positive, led by NSE 20 at 12.8%. The weekly decline was driven by large-cap banking losses from Absa (-2.9%), Equity (-2.3%), and KCB (-2.1%), dragging the banking index down 0.9%. This downside was partially mitigated by gains from EABL ( 4.0%), Stanbic ( 2.6%), and Standard Chartered ( 1.6%).
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In our Cytonn Report this week, we analysed Kenya’s Equities, Fixed Income, Real Estate markets, and Digital payments, with a special focus on the newly released Nairobi Metropolitan Area Residential Report 2026. 1. Fixed Income T-bills were oversubscribed for the second consecutive week at 163.9%, down from 227.4% previously. Demand stayed high for the 91-day paper, which hit an 820.7% subscription rate by drawing Kshs 26.9 bn against the Kshs 4.0 bn offered. Conversely, demand for the 182-day and 364-day papers fell to 43.8% and 21.4% respectively. The state accepted Kshs 32.6 bn of the Kshs 39.3 bn bids received (82.9% acceptance). Yields continued an upward trend, closing at 8.7% for the 91-day, 8.6% for the 182-day, and 8.9% for the 364-day papers. 2. Equities The equities market dipped this week as NASI lost 0.8%, NSE 10 fell 0.7%, and NSE 20 dropped 0.4%. YTD gains remain positive, led by NSE 20 at 12.8%. The weekly decline was driven by large-cap banking losses from Absa (-2.9%), Equity (-2.3%), and KCB (-2.1%), dragging the banking index down 0.9%. This downside was partially mitigated by gains from EABL ( 4.0%), Stanbic ( 2.6%), and Standard Chartered ( 1.6%). 3. Real Estate Shelter Afrique Development Bank (ShafDB) rebranded to mark its transition into a multilateral development bank. Meanwhile, the state is tightening enforcement on the Affordable Housing Levy after revealing that over Kshs 100.0 bn in collected deductions may be unremitted. The FY'2026/27 Budget highlighted a strategic shift toward using private sector capital for infrastructure. In the REIT market, Acorn D-REIT and I-REIT closed up 48.0% and 18.8% from inception, while ILAM Fahari I-REIT sat at a 31.0% loss. 4. Digital Payments Mastercard expanded its 24/7 stablecoin settlement network across Ethereum and Solana using regulated tokens like USDC and PYUSD. PayPal partnered with Hey Savi to debut the UK's first AI-driven agentic commerce platform, integrating shopping and checkout. This reflects an industry shift toward embedded payments. The digital payment stocks we track trade at a high average P/E of 25.4x, indicating strong growth expectations alongside potentially stretched valuations. 5. Focus of the Week We dive into the Nairobi Metropolitan Area (NMA) Residential Report 2026, titled ‘Unlocking Value in a Shifting Residential Market’, to evaluate price appreciation, rental yields, and market uptake across 35 regions. Click the link below to read the Cytonn Weekly report cytonnreport.com/research/na…
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In our Cytonn Report this week, we analysed Kenya’s Equities, Fixed Income, Real Estate markets, and Digital payments, with a special focus on the newly released Nairobi Metropolitan Area Residential Report 2026. 1. Fixed Income T-bills were oversubscribed for the second consecutive week at 163.9%, down from 227.4% previously. Demand stayed high for the 91-day paper, which hit an 820.7% subscription rate by drawing Kshs 26.9 bn against the Kshs 4.0 bn offered. Conversely, demand for the 182-day and 364-day papers fell to 43.8% and 21.4% respectively. The state accepted Kshs 32.6 bn of the Kshs 39.3 bn bids received (82.9% acceptance). Yields continued an upward trend, closing at 8.7% for the 91-day, 8.6% for the 182-day, and 8.9% for the 364-day papers. 2. Equities The equities market dipped this week as NASI lost 0.8%, NSE 10 fell 0.7%, and NSE 20 dropped 0.4%. YTD gains remain positive, led by NSE 20 at 12.8%. The weekly decline was driven by large-cap banking losses from Absa (-2.9%), Equity (-2.3%), and KCB (-2.1%), dragging the banking index down 0.9%. This downside was partially mitigated by gains from EABL ( 4.0%), Stanbic ( 2.6%), and Standard Chartered ( 1.6%). 3. Real Estate Shelter Afrique Development Bank (ShafDB) rebranded to mark its transition into a multilateral development bank. Meanwhile, the state is tightening enforcement on the Affordable Housing Levy after revealing that over Kshs 100.0 bn in collected deductions may be unremitted. The FY'2026/27 Budget highlighted a strategic shift toward using private sector capital for infrastructure. In the REIT market, Acorn D-REIT and I-REIT closed up 48.0% and 18.8% from inception, while ILAM Fahari I-REIT sat at a 31.0% loss. 4. Digital Payments Mastercard expanded its 24/7 stablecoin settlement network across Ethereum and Solana using regulated tokens like USDC and PYUSD. PayPal partnered with Hey Savi to debut the UK's first AI-driven agentic commerce platform, integrating shopping and checkout. This reflects an industry shift toward embedded payments. The digital payment stocks we track trade at a high average P/E of 25.4x, indicating strong growth expectations alongside potentially stretched valuations. 5. Focus of the Week We dive into the Nairobi Metropolitan Area (NMA) Residential Report 2026, titled ‘Unlocking Value in a Shifting Residential Market’, to evaluate price appreciation, rental yields, and market uptake across 35 regions. Click the link below to read the Cytonn Weekly report cytonnreport.com/research/na…
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Replying to @Asamoh_ @KRACare
Kra has had an office in Eastleigh mall next to Absa bank since kitambo
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Raymond GMz retweeted
Grocery shopping just got more rewarding. Pay for your groceries with your Absa card and earn entries toward a luxury Mauritius escape.  Every UGX 100,000 spent gets you closer to Mauritius.  Absa Island Getaway
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Hans Sars retweeted
At this rate Absa and FNB along with SIU will have enough funds to recover. SARS will bring the calculators along with a matching band. 😂😂😂
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Vusi retweeted
Breathe easier during life’s little and big surprises ​​with an Absa Instant Loan from R350 to R8 000*
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Uno..... retweeted
Replying to @ompeile
There are actually two ABSA employees who are suspended off work and are under investigation for helping scammers with customer information.
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A pain 💔 and sleepless nights for 2 years that finally ended and was resolved in a week 🙏🏾 You may find that you are going through the same, read this 👇🏾 This client contacted View4You after battling for almost 2 years with MIOSA and dealership. We got involved, did the inspection and provided our report. MIOSA then ruled in favour of the client and said the car must be repaired. However the dealership did not repair the car as per ruling, we were grateful for the ruling however we felt it was unfair to rule that the dealership should repair, this ruling should have been a full refund or to replace the car as it was a lemon 🍋, unsafe to drive and not roadworthy!! Keep in mind this client has been paying insurance and instalments for a car she is not using, it’s either stuck in her yard or at the dealership 😔, the finance house had refused to uplift this deal and stated the client must sort it out with the dealership. We all know how that goes, it’s straight into a brick wall !! The dealership refused to repair the car, which made us happy because we knew where this will end up. The matter returned to MIOSA, MIOSA then issued a closing letter for the case to be escalated to The NCC. This did not sit well with our Founder, he then made some high-level calls to the finance house which was ABSA, and within a week this deal was uplifted and the process of paying the client back all their instalments started. This story is a reality many people in South Africa are faced with, they are driving lemons 🍋 🍋 because they trusted the dealership. So listen to these findings. ABSA does not finance salvaged cars. The dealership had lied to ABSA, as many others do to their financing houses, and sold this car as non-salvage and accident-free. That is why they did not entertain the client. The client then also didn’t know the car was a salvage car until we at View4You inspected the car and found out not only was it a salvage, this should be scrap metal, not roadworthy, unsafe, it was in a terrible accident🙏🏾 The culprits here are the Car Dealerships, they are not being honest with the finance houses !!! People of South Africa, you may be driving a salvage car that is financed illegally, you may be thinking why is this car so problematic? Well you could be a victim because you trusted the dealership and you are now driving a salvaged car unknowingly!!! If you bought a second-hand car and you did not get it Inspected wether financed or cash. Please get it checked, and get the history checks done as well. You are welcome to book us to do it for you anywhere in South Africa as we are a Nationwide company. If we find out that the car you bought and financed was a salvage car we will help you contact the right people in all the finance houses and bypass those that are not telling the authorities in the finance houses the truth !!!! Book via our website: view4you.co.za A huge shoutout and honour to @AbsaSouthAfrica for coming through and lifting this deal with no excuses or stories, you saw the facts and you acted immediately. Thank You 🙏🏾 Our perception of ABSA as a Finance House has made a 180-degree turn. We almost forgot to tell you, this Dealership also tried to bribe our Inspector to pass the car and give it a green light, oh well that didn’t go well as we reported them to @Absa @AbsaSouthAfrica So dealerships kindly learn from this, don’t you dare try bribing any of our guys, we will report you to every finance house you are affiliated with !!! view4you.co.za We Inspect. You Decide.
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Replying to @christywhy9
Absa Fuckin’ Lutely!!
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Replying to @sophiloR2
anyone voting fleet needs help absa and slade are soooo much more annoying
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Sunshine Lucky retweeted
WE PRESENTED A GOOD BIG BUDGET- GGOOBI Speaking at 5th edition of the ABSA-NTV 2026/27 Post Budget Dialogue this morning, the PSST @rggoobi described the national budget for FY 2026/27 which was presented yesterday as a good big budget with so many opportunities for Ugandans to harness. The PSST said revenue is growing, adding that the domestic revenues for next financial year which amounts to 45 trillion shillings will fund the discretionary budget of about 57 trillion shillings. He emphasized that Government has allocated 95% of the discretionary resources to the ATMS and the key enablers, adding that the key priorities of the budget are production and productivity, value addition, exports and job creation. Dr Ggoobi also said Government will implement key reforms to achieve the Tenfold Growth Agenda. The reforms are aimed at eliminating waste, corruption, delays and inefficiency. He highlighted enforcement of budget discipline and accountability effective FY 2026/27 as part of the performance contracts for Accounting Officers. He said Accounting Officers will sign a budget discipline and accountability charter which provides for sanctions against breaches of accountability rules in planning, budgeting and execution of public resources. The PSST said Government will also fully implement reforms to fight corruption through procurement by ensuring transparency and accountability. Dr. Ggoobi said Government will continue to enforce trade order. The other reform he noted is strengthening governance, oversight and performance of state-owned enterprises. The Executive Director ABSA Bank, Michael Segwaya said the success of the budget is measured by its allocation and implementation. “We recognize that budget is just a direction, it’s about translating policy into a practical dialogue and what that actually means to our businesses,” he said.
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Replying to @sophiloR2
People not voting Absa are insane
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Replying to @ZAPgetCHU
Would love too I’ve seen your absa improvement and I need to fight against her more in general tbh
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Jojo absa when
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