The Mwango Weekly – 13th October 2025

This week’s Mwango Weekly covers Kenya Power’s FY 2024/25 results showing an 18.7% profit decline but a higher dividend payout, alongside Safaricom Ethiopia’s growing challenges amid high rollout costs and uneven competition. We also review the CBK’s 25 bps rate cut to 9.25%, improving credit conditions, and the government’s progress toward the Kenya Pipeline IPO. In markets, the NSE declined for a second week, Treasury bills were oversubscribed, Eurobond yields surged, and Kenya completed a $628M Eurobond buyback. Other updates include the IMF mission’s visit ahead of a potential new program, conversion of $5B in Chinese loans to yuan, record customs collections, and Kestrel Capital’s management buyout.