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Where Kenyan investors made, lost money in 2024

In 2024, Kenyan investors saw major gains in previously dormant stocks like East African Portland Cement and Kenya Orchards, which outperformed traditional blue-chip firms, signaling a shift in market focus. The rise of dormant stocks highlights the potential for significant returns in undervalued sectors, urging investors to look beyond traditional blue-chip options. — Dive into the full story!

• Equity Market Surge: Investor wealth at the NSE rose by 34.4% (Sh495 billion) in 2024, driven by gains in top banks and blue-chip firms, reversing 2023's downturn.
• Currency Impact: The Kenyan shilling's 17.4% appreciation against the dollar reduced the value of dollar holdings, stressing the need for currency risk management.

?How new NSSF rates hit your 2025 pay

Starting February 2025, new NSSF rates will increase employee and employer contributions, with deductions rising up to KSh 3,840 for higher earners, impacting net pay and business costs. — Dive into the full story!

• The higher NSSF rates will reduce employee take-home pay and increase employer expenses, highlighting the need for financial adjustments by both parties.

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