THE MONTH IN BRIEF If you left your money to work in July while you were busy with everything else, good news it clocked in, put in the hours, and came home with a decent payslip. Across the board, Kenya’s money market funds kept doing what they do best: quietly outrunning your bank’s savings account…
A new type of Kenyan investor is moving beyond traditional options like Money Market Funds, Treasury Bills, and Bonds, searching for greater growth from their capital. In response, Special Funds have emerged in Kenya’s capital markets, regulated by the Capital Markets Authority since 2023. These funds offer flexible mandates, allowing investment in equities, offshore markets,…
How Kenya’s money market funds performed from January to June, and what it means for the second half of the year. Six months ago, Kenya’s money market funds were still riding the tail end of a high-rate era, with some funds throwing off returns north of 11% and savers feeling, for once, like the smart…