Make Money

How will the investing environment change heading into the August 2027 polls? Churchill Ogutu, Economist & Head of Research at Capital A Investment Bank chats election cycles, changing investor sentiment and favoured asset classes in times of uncertainty on the Make Money podcast.

From broker arrangements with networks in Nigeria to a Nairobi Securities Exchange (NSE) listed instrument, Kenyans have access to the Dangote refinery initial public offering (IPO) through various routes. The IPO is scheduled to close on October 13. In this episode of the Make Money podcast, Karimi Warui, the Head of Investment Banking at Renaissance Capital, takes a deep dive into the IPO through the lens of the NSE-bound global depository receipts (GDRs) instrument.

Ahead of the annual Business Daily Investor Education Conference on May 29, Make Money speaks to Nahashon Mungai, the Executive Director, Global Markets at Standard Investment Bank (SIB), on why diversification is becoming central to modern investing. 

He explains how spreading investments across asset classes can help manage risk, improve resilience and position investors for long-term returns in an increasingly uncertain market environment.

Every investment return comes with risk, but where is the line between an informed decision and speculation? In this episode of Make Money, Stanley Mutuku, CEO of Lofty-Corban Investment Limited, discusses how investors can assess their risk tolerance, balance potential rewards against possible losses, and make smarter long-term investment decisions

Investing often means spreading your money across different assets to reduce risk. But buying multiple stocks, bonds or commodities can be costly and complex. Exchange Traded Funds (ETFs) offer investors a simpler route by packaging several assets into a single investment product. 

In this Make Money episode, Richard Muriithi, Senior Portfolio Manager at ICEA Lion Asset Management, breaks down how ETFs work, who they are best suited for and the risks investors should understand before getting started.

As interest rates continue to fall, bond prices have risen, opening a window for investors to take profits. But is this the right time to sell?

Christine Gatakaa, Head of Fixed Income Trading at Capital A Investment Bank, explains the relationship between interest rates and bond prices. She also breaks down how secondary bond markets work and what investors should consider before deciding whether to sell.

The first quarter of 2026 opened with a fresh external shock following the US-Israel war on Iran, adding to global market uncertainty.

Despite this, the Central Bank of Kenya (CBK) has continued its rate-cutting cycle, signalling a supportive environment for investors.

In this episode of the Make Money podcast, Teddy Irungu, Head of Research at Rock Advisors Investment Bank, breaks down the Q1 2026 investing scorecard, examining market resilience, the outlook for the Nairobi Securities Exchange (NSE) and where opportunities still lie.