Tag: Genghis Capital

Kenya sees decline in tax revenues due to COVID-19

Kenya’s total tax receipts in the first month of the financial year fell by 12 per cent, reflecting an environment of depressed economic activity. Kenya Revenue Authority collected about $876 million in taxes in July compared with about $995 million a year earlier, the lowest receipts since 2017. Churchill Ogutu, Head of Research at Genghis Capital spoke to CNBC Africa for more.

Kenya’s Central Bank maintains key repo rate at 7%

In what feels like a race against time, Kenya parliament's budgets appropriations committee approved the third supplementary budget on Friday for the financial year ending tomorrow, why so late and what are the implications of the latest changes? Churchill Ogutu, Head of Research at Genghis Capital joins CNBC Africa for more.

M-pesa revenues decline attributed to betting industry

Safaricom's M-pesa revenues are expected to take a hit to 13.3 year-on-year from 18.20 per cent that was reported in the first half of 2019 according to a report by Genghis Capital, now the decline has been attributed to the performance of the betting industry which accounts for about 7 per cent of M-pesa revenues. For more on this, Research Analyst from Genghis Capital, Patrick Mumu joins CNBC Africa for more.

KenolKobil’s share trading suspended on Nairobi bourse

The Kenya Capital Markets Authority suspended dealing in oil marketer KenolKobil’s shares on the Nairobi bourse for 12 trading days following a conclusion of a takeover offer on Monday. Joy D'Souza, Head of Research at Genghis Capital joins CNBC Africa from Nairobi for more on the deal amid insider trading.

Bond turnover at Kenyan bourse flat in first 9 months

Bonds turnover flat in the first 9 months at the Kenyan bourse

Inside Kenya Airways restructuring plan

Inside Kenya Airways restructuring plan

Kenya’s 10-year treasury yields rise

Kenya’s 10-year treasury yields rise

Kenyan shilling tumbles after Supreme Court annuls election

Kenyan shilling tumbles after Supreme Court annuls election
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