This week’s Mwango Weekly highlights Safaricom’s strong HY2026 performance, with profits up 52% to KES 42.8B driven by M-PESA and data, and improved performance in its Ethiopian unit where losses narrowed. Kenya’s private sector activity hit its highest level since 2022, reflecting improved demand and easing input costs. The NSE extended its rally, buoyed by gains in KCB and Crown Paints. Other key developments included KCB’s acquisition of a minority stake in Pesapal, Safaricom’s upcoming NSE trading via M-PESA, and IFC’s $30M loan for the Menengai geothermal project. The issue also covers updates on currency valuation, new infrastructure investments, regulatory changes, and Kenya’s first pilot insurance cover.