Afleveringen
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In this episode recorded on June 30, 2026, we are joined by Wilson Wariari (Co-Founder & CIO, Arvocap Asset Managers) and Jesse Ochieng’ (Analyst) to break down the mechanics of goal-based asset management in Kenya. We dive into how Arvocap scaled its AUM to KES 14.26B, their active fixed-income trading philosophy, hurdle-rate performance fees, and how funds like Eurofix and Almasi are broadening market access for retail investors.
Show Notes
00:00:00 Introduction
00:04:31 Gaps Arvocap is Addressing
00:10:17 Assets Under Management Growth Breakdown
00:13:53 Alpha Drivers and Sustainability of Returns
00:26:55 Fees
00:28:19 Almasi Fund
00:33:17 Lock-in and Liquidity
00:38:26 Global Equity Fund
00:47:35 Eurofix Fixed Income Fund
00:57:06 Goal-Based Investing and Closing Remarks
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In this episode recorded on June 18, 2026, we sit down with Justine Kosgei (CEO & Principal Officer, AAR Insurance) and James Kamau (Group Head of Distribution, AAR Insurance) to break down the mechanics of the newly structured FAARMILY Suite. We dive into how automated AI claims adjudication is capping premium inflation, the extension of senior health cover entry up to age 80, and how the insurer is flexing its products to accommodate non-traditional family structures and diaspora clients.
Show Notes
00:00:00 Introduction
00:04:03 Key Gaps that FAARmily Suite Addresses
00:08:04 Dependants and Documentation
00:10:45 Accessibility and Sustainability
00:13:53 Wellness Programs
00:15:51 Maternity and Seniors Eligibility
00:18:39 Transition of Junior Covers to Adult Covers
00:20:35 Future-proofing the Business through Tech
00:23:38 Non-traditional Families and Diaspora Customers
00:36:16 Future of Family Medical Covers
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Zijn er afleveringen die ontbreken?
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In this episode, recorded on June 16, 2026, we sit down with the tax and legal consulting team from Ushuru: Beatrice Njeri, Eddah Nyamweya, Derrick Muchoki, and Valentine Gaya, to break down essential best practices for individual and corporate tax submissions. We dive into the realities of real-time E-TIMS validation under Section 23A of the Tax Procedures Act, expose common bank statement exposure points, and outline the exact steps taxpayers must take when responding to a KRA audit notice or default assessment.
Show Notes
00:00:00 Introduction
00:04:13 Common Filing Challenges
00:06:04 eTIMS
00:11:57 Penalties & Interest
00:16:55 Freelancers and Consultants
00:19:20 KRA Audit Triggers
00:25:48 Turnover Tax
00:28:55 Handling Audit Notices/Assessments
00:44:23 Return Amendments
00:46:48 Closing Remarks
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In this episode, recorded on June 4, 2026, we are joined by Centum Investment Company Group CEO, James Mworia, to unpack the three strategic evolutionary phases of Centum since 2009, the interplay between its real estate and private equity portfolios, and how the company successfully retired its holding company debt to enter a harvesting phase dedicated to driving sustainable shareholder value.
Show Notes
00:00:00 Introduction
00:01:18 Centum Investment Model
00:05:57 Debt Strategy
00:13:54 Real Estate Holdings
00:17:20 Two Rivers
00:24:20 Private Equity Portfolio
00:31:00 Capital Allocation
00:34:59 Share Buyback Program
00:38:29 NAV Gap
00:51:42 Strategy and Pitch
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In this episode recorded on May 19, 2026, we are joined by Brenda Mbathi, CEO of TRIFIC SEZ, and Pius Muchiri, MD of Nabo Capital, as we unpack the structure, strategy, and investment opportunity behind the green-focused I-REIT.
Show Notes
00:00:00 Introduction
00:01:30 Broad Overview of TRIFIC
00:04:02 Why a Dollar-Denominated I-REIT
00:08:39 Use of Funds, REIT Structure, and Offer Size
00:18:25 USD Yield Return vs T-Bills
00:21:17 Tenant Mix and Debt Strategy
00:25:12 Green Certification, Demand, and Leasing Pipeline
00:31:21 Investor Interest and Liquidity
00:39:11 Cost Control, Vision, and Scale
00:45:16 Key Details on the I-REIT and Closing Remarks
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In this episode recorded on May 12, 2026, we are joined by Car & General (C&G) Chief Executive Officer, Vijay Gidoomal, to unpack the group's FY25 financial performance, the rebound of the boda-boda sector across Kenya and Tanzania, and how the business is navigating EV disruptions and leveraging artificial intelligence to build a competitive moat.
Show Notes
00:00:00 Introduction
00:01:17 Business Streams
00:03:54 Regional Business Footprint
00:08:07 Recovery of the Two-wheeler Business
00:10:41 Margins and Cost Efficiency
00:13:56 Investment in AI
00:23:00 Profitability and Cash Flow
00:24:49 Dividend Policy
00:27:40 EV Market
00:38:13 Closing Remarks
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In this episode recorded on May 5, 2026, we are joined by DelMonte Kenya Managing Director, Wayne Cook, as we unpack the company’s 60-year history in Kenya, its KES 100B economic footprint, vertically integrated export model, and its ongoing community relations and sustainability interventions.
Show Notes
00:00:00 Introduction
00:04:04 History of Del Monte Kenya
00:08:14 Del Monte’s Business Model
00:12:48 Local Distribution and Exports
00:14:48 Scale and Economic Impact
00:17:53 Relationship with Fresh Del Monte Group
00:20:36 CapEx and Growth Plans
00:24:39 Community Relations and Human Rights
00:28:06 Sustainability Metrics
00:34:19 Outlook, Innovation, and New Product Lines
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In this episode recorded on April 30, 2026, we are joined by SanlamAllianz Life Kenya CEO, Jacqueline Karasha, as we unpack the group’s recent corporate restructuring, FY2025 financial performance, and the strategic opportunities within Kenya’s life insurance and digital pension markets.
Show Notes
00:00:00 Introduction
00:05:15 New Group Structure
00:07:53 Uptake of Life Insurance
00:12:24 Embedded Insurance Products
00:15:41 Akiba Plus Retirement Product
00:18:42 Dividends and Strategy
00:24:12 Digital Distribution
00:28:48 Reaching the Informal Market
00:42:48 Investment of Policyholder Funds
00:47:03 Industry Outlook
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In this episode recorded on April 29, 2026, we are joined by economist Stephanie Kimani and the Institute for Public Finance (IPF) team of Dr. Peter Nguhiu, Veronica Ndegwa, and Martin Kabaya, to unpack the credibility of Kenya's budget, the structural constraints of debt service, and the sustainability of health and social protection financing.
Show Notes
00:00:00 Introduction
00:03:16 Budget Credibility Problem
00:05:53 Debt Service Wiggle Room
00:08:04 Healthcare Funding Gap
00:15:05 Tax Proposals to Fund Healthcare
00:27:08 Fiscal Sustainability of SHIF
00:33:02 School Feeding Gaps
00:42:51 Budget Priority Recommendations
00:45:56 Limited Trust in the Domestic Debt Market
00:50:10 Policy Change Recommendations
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In this episode recorded on May 6, 2026, we are joined by I&M Bank Group CFO, David Ngata, and SIB Director, Laban Githuki, as we unpack the bank’s KES 20B Medium-Term Note (MTN) programme, its pricing rationale, and capital optimization strategy.
Show Notes
00:00:00 Introduction
00:01:33 I&M Bank’s Balance Sheet
00:03:32 Basics of an MTN
00:10:16 Offer Terms and Dates
00:12:41 Minimum Investment
00:13:55 How the MTN fits into the Bank’s Strategy
00:19:20 Use of Proceeds and Lending Growth
00:24:14 Application, Settlement, and Trading
00:29:01 Asset Quality
00:31:18 Key Details and Final Pitch
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In this episode recorded on March 25, 2026, we are joined by the OECD’s Competition Expert, Said Kechida, and the Competition Authority of Kenya’s Director of Policy and Research, Dr. Adano Wario, to unpack competition law enforcement in Kenya and the key lessons from the OECD peer review.
Show Notes
00:00:20 What CAK Does
00:08:04 OECD Peer Review Overview
00:10:39 CAK Policy and Research
00:13:02 Key Takeaways from the Peer Review Report
00:14:34 Strengths and Weaknesses in Competition Law Enforcement
00:19:22 Merger and Acquisition Scrutiny
00:29:56 Fines and Proportionality Debate
00:34:32 Limited Uptake of Leniency Programs
00:38:07 Market Studies and Inquiries
00:49:59 Report Recommendations and Closing Remarks
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In this episode recorded on April 15, 2026, we are joined by Stanbic Uganda’s CEO, Mumba Kalifungwa, to unpack the bank's strategic market positioning, financial health, and its role within Uganda's broader economic landscape.
Show Notes
00:00:00 Introduction
00:03:41 Economy and the Banking Landscape
00:05:28 Stanbic Uganda’s Structure
00:09:11 Strategy and Growth Priorities
00:16:20 What Makes Uganda Unique
00:20:45 FY2025 Results
00:25:03 NPLs and Credit Risk Lessons
00:31:22 Cost Efficiency Strategy
00:39:19 Positive Impact Framework
00:48:17 Career Advice and Closing Remarks
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In this episode recorded on April 8, 2026, and in partnership with FLLoCA, we discuss climate finance in Kenya.
Our guests:
— Senator Moses Kajwang’ - Homa Bay County
— Peter Odhengo, National Treasury
Host: Ramah Nyang
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Show Notes
00:00:00 Introduction
00:04:45 What Is FLLoCA
00:08:41 Climate Mitigation and Adaptation
00:11:51 Locally Led Solutions, Cost of Inaction, and Access to Climate Finance
00:21:50 Polluters Pay Vs Domestic Financing
00:31:43 Incentives and E-Mobility
00:34:12 County Funds Oversight, Audits, and Carbon Credits
00:47:31 Climate Justice Funding Gap
00:51:38 Tracking Climate Finance and the National Climate Fund
00:56:57 Focus on Mitigation
01:01:53 Dealing with Misuse of Climate Funds
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In this episode recorded on March 31, 2026, and hosted by Terryanne Chebet, we are joined by SBM Bank’s Magdalene Mwende and Duncan Kiberu to unpack financial literacy for Kenya’s next generation.
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Show Notes
00:00:00 Introduction
00:04:42 Starting Financial Literacy Early
00:16:06 Debunking Kenyan Money Myths
00:23:40 Teaching Financial Literacy in a Cashless World
00:30:33 Building Habits and Work Ethic
00:39:35 Longterm Impact of Financial Literacy in Children
00:45:16 Staying Safe in the Digital Space
00:48:02 Role of Giving in a Child’s Financial Education
00:50:24 Product Roadmap and How to Sign up onto Busara App
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In this episode recorded on March 26, 2026, we break down I&M Holdings FY2025 results with the CFO, David Ngata.
We unpack earnings drivers, balance sheet shifts, subsidiary performance, and outlook heading into 2026
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Show Notes
00:00:00 Introduction
00:03:30 FY 2025 Highlights and Restatement of 2024 Financials
00:08:13 Interest Income, Customer Deposits, and Loan Growth
00:16:22 Wealth Management, Asset Quality, and NPLs
00:20:15 OpEx, CapEx, and Regional Performance
00:27:55 Capital Allocation, Digital Banking, and AI
00:33:30 Impacting Communities
00:35:20 Banking App, AI in Lending, Loans to Related Parties, and Governance
00:39:30 Increased Investment in G-Secs, Rates Outlook, and Strategy
00:42:49 Life Advice and Closing Remarks
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In this episode recorded on March 19, 2026, and hosted by Ramah Nyang, we unpack Kenya’s debt situation.
Our panelists:
* Churchill Ogutu - Economist, IC Group
* Benard Njiri - Senior Research Analyst, IPF
* Stellar Swakei - Senior Research Analyst, Kingdom Securities
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Show Notes
00:00:00 Introduction
00:01:33 The Debt Transparency Problem and Why Fiscal Consolidation Fails
00:09:17 Securitization, Supplier Debt, And Pending Bills
00:23:19 IMF’s Pushback against Securitization and Lessons from Ghana
00:26:44 Ringfencing and Revenues/Proceeds Disclosure
00:32:02 Securitization Lessons from 2008 Financial Crisis
00:40:20 Auditing Kenya’s Debt
00:46:22 Tanzania’s Debt Transparency Model
00:51:56 Why Governments Avoid Transparency?
00:56:42 Tanzania’s Single Treasury Account
00:58:24 The Transparency Risk Premium
01:01:24 Policy Changes to Enhance Debt Transparency
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In this episode, recorded on March 11, 2026, we dissect the FY 2025 results for Stanbic Holdings with the Chief Financial and Value Officer, Dennis Musau.
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Show Notes
00:00:00 Introduction
00:00:47 Group Structure and Strategic Pillars
00:10:48 Top Line and New Loan Pricing
00:16:42 Interest and Non-interest Revenue
00:21:54 Why Invest in Stanbic
00:24:36 Costs, NPLs, and Risk Management
00:29:13 Loan Growth, Profitability, and Dividend Policy
00:35:24 S. Sudan, SBG Securities, and Bancassurance
00:40:06 Capital Buffers and Mergers & Acquisitions Strategy
00:47:11 AI in Banking Operations
00:51:20 Outlook and Closing Thoughts
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In this episode, recorded on March 4, 2026, we are joined by the Absa Bank Kenya CFO, Yusuf Omari, as we take a deep dive into the bank’s FY 2025 results.
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Show Notes
00:00:00 Introduction
00:00:53 What Makes a Good CFO?
00:01:54 Overview of the FY2025 Results
00:03:54 Loan Demand, NPLs, Risk Outlook, and Rate Stability
00:08:38 FX and Non Funded Income Growth
00:10:18 Cost Efficiency, Tech, and Investment in Gov’t Securities
00:13:23 CIB Competition and Consolidation
00:15:18 Group CEO Ambitions, M&A Strategy, and Value Proposition
00:20:31 Profitability and Dividend Strategy
00:24:29 Branch Strategy, Insurance, and Asset Management
00:29:33 Regulation, Benchmark Rates, SME Sentiment, and 2026 Outlook
00:34:34 Key Takeaways and Closing Thoughts
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In this episode, recorded on February 4, 2026, we deep dive into Kenya’s recent Moody’s rating upgrade with David Rogovic, VP & Senior Credit Officer at Moody's Ratings.
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Show Notes
00:00:00 Introduction
00:03:27 Methodology in Ratings
00:06:59 Kenya’s Upgrade Explained
00:10:18 FX Reserves, KES Stability, Market Access, and Buybacks
00:16:51 Securitization, Domestic Borrowing, and Revenue Risks
00:25:16 Outlook and Key Risks
00:29:04 How does Kenya compare to Peers on Debt Distress?
00:32:09 Public Private Partnerships and the Macro-Micro Divide
00:37:31 ESG Scores and Ratings Withdrawal
00:41:24 Key Takeaways and Closing Remarks
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In this episode, recorded on February 24, 2026, we dive deep into Ziidi Trader. We break down what it is, how it works, and what it means for investors.
Our guests:
* Aliya Khanbhai - Head of Wealth and Insurance, Safaricom
* Gitau Macharia - Product Owner Wealth Management, Safaricom
* Eric Ruenji - Founder and Chairman, Theo Capital Holdings
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Show Notes
00:00:00 Introduction
00:07:40 Ziidi Trader and its Key Differentiators
00:11:51 Omnibus Structure and Share Ownership
00:17:59 Onboarding, Fees, and Trading Costs
00:23:03 Backend Execution, Liquidity, and Market Hours
00:33:34 Order Matching, Cancellations, and Dividend Payout
00:37:21 Order Book, Reversals, and Nominee Voting
00:41:48 The Future of Ziidi Trader
00:44:31 How To Buy Shares
00:51:46 Access for Investors in the Diaspora
00:55:31 Customer Support, Trading Limits, Market Risk, and Investor Education
01:02:17 Closing Remarks
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