The Mwango Weekly – 3rd November 2025

This week’s Mwango Weekly highlights insights from Dr. David Ndii’s address at the NCBA Economic Forum, where he discussed Kenya’s managed exchange rate, IMF engagement, and structural reforms driving economic stability. Equity Group became the first lender to release Q3 results, posting a 32% rise in profit to KES 54.1B, while KenGen’s FY 2025 earnings jumped 54% to KES 10.5B, supported by lower costs and higher dividends. In markets, the NSE gained 4.7%, Eurobond yields eased, and Treasury bills remained oversubscribed. Other updates include Kenya’s record 2,412MW electricity demand, M-PESA’s integration with EthSwitch in Ethiopia, and the Unclaimed Financial Assets Authority fining 20 firms KES 2.2B.