Kenya’s taxman freezes online VAT registration in a dramatic purge of ghost traders. Meanwhile, forex profits at top banks plummet by Sh9B as the shilling holds firm. But it’s not all bad news—construction loans surge Sh19.3B, signaling a rebound. Plus, Genghis unit trusts take a Sh628M hit, and mandatory marine cover rollout faces delays.
📈 Market Recap:
• NSE All Share Index: +2.7% to 144.37
• Turnover: KES 875.32M
• Top Movers: TPS (+9.9%), BK Group (+8.9%), Car & General (+7.6%)
• Foreign Flows: Net Buy at KES 53.83M
• Bonds: Turnover dips, 364-day yield stable at 10%
💡 Why it matters: We break down how these headlines affect your wallet, your investments, and what to watch this week.
🔗 Visit: kenyamarketplacedaily.wordpress.com
📲 Follow us: TikTok & Instagram @kenyamarketdaily
Follow us:
Website: www.kenyamarketplacedaily.wordpress.com
TikTok & Instagram: @kenyamarketdaily