Kenyan Wallstreet

In this episode, our co-founder Eric Asuma sits down with Safaricom CEO Peter Ndegwa to discuss the company's recent half-year financial results and the impact of Ethiopia's recent currency devaluation on group earnings. Peter shares insights on how, despite a challenging macroeconomic environment, Safaricom's net income would have been up 21% if not for the currency depreciation. Safaricom Ethiopia has adjusted its breakeven timeline, extending it by one year to 2027.The discussion also highlights M-Pesa's impressive growth in Ethiopia, exploring emerging use cases that are driving market expansion. Peter provides an honest take on Safaricom's stock performance on the Nairobi Stock Exchange, reflecting on factors like foreign investor flight and macro issues that have impacted share value despite recent market rebounds.Peter also shares updates on Safaricom's upcoming products in wealth management, insurance, and other financial services designed to help their customers to save and build liquid wealth. Finally, Peter shares insights on potential collaborations with SpaceX/Starlink, exploring new frontiers in satellite technology and connectivity. Tune in to hear firsthand how Safaricom navigates growth and challenges in both local and international markets.

In this episode, Reena Moonoosamy, Group Chief Services Officer at National Insurance Co., Ltd. in Mauritius, speaks to Ally Mwakaneno on the evolving landscape of the insurance sector and the trends shaping the industry. She highlights the impact of emerging hazards, such as the pandemic and climate change, on the insurance sector. Reena also explores the role of InsurTech in Mauritius and the challenges and opportunities it presents. She emphasizes the importance of balancing risk management with innovation and ethical business practices. Additionally, Reena discusses the challenges of insurance penetration, the adoption of new technology, and addressing climate risks. The conversation explores the impact of innovation, risk management, and the advancement of African women in the financial sector. It discusses the introduction of innovative insurance products like parametric insurance to mitigate climate-related risks. The rise of usage-based insurance and the promotion of catastrophe bonds are also highlighted. The conversation emphasizes the need for relevant skill sets, a high-performing workforce, and partnerships with academic institutions. It addresses the challenges of increased competition, market saturation, and the shift towards purchasing insurance when needed. The importance of balancing risk and innovation is discussed, along with examples of how to achieve this balance. The conversation concludes by highlighting the role of the Angaza Awards in empowering African women in the financial sector and driving policy reforms.Key TakeawaysThe insurance sector is facing significant changes due to emerging risks like the pandemic and climate change, emphasizing the need to balance risk management with innovation and ethical practices.InsurTech is driving rapid digital transformation, with the adoption of cloud-based solutions and AI to improve efficiency, reduce costs, and enhance the customer experience.Insurance penetration remains low, requiring efforts to close protection gaps, while partnerships with academic institutions are crucial for developing relevant skill sets.Insurers are addressing climate risks by using predictive analytics, introducing parametric insurance, and promoting catastrophe bonds to cover economic losses from natural disasters.Demand for usage-based insurance is rising, with accurate monitoring systems and a shift towards purchasing insurance as needed, including embedded insurance and bundled offerings.Increased competition and market saturation are creating challenges for insurers, making innovation and testing new technologies in controlled environments essential.Empowering African women through initiatives like the Angaza Awards could drive policy reforms and further impact the financial sector.Following a successful gathering in Kigali last year, the Angaza Forum heads to Nairobi, Kenya, from October 16th to 18th, 2024, bringing together the 2024 Angaza Award winners and women in the financial sector from across the Continent. The Angaza Forum 2024 will feature a lineup of compelling speakers, knowledge presentations, and training sessions, alongside ample networking opportunities.This episode features:Reena Moonoosamy - Group Chief Services Officer, National Insurance Co. LimitedAlly Mwakaneno Gakweli - Host and Producer, Angaza Podcasts

Jo-Ann Pohl, senior advisor at Kearney Africa, shares her insights on effective leadership and the experiences of being a woman in the financial sector. She speaks to Patricia Kamau on the importance of change agility, empathetic curiosity, creative compliance, and courage as key attributes for effective leadership. Joanne emphasizes the need for continuous learning, networking, and advocating for oneself in order to succeed in the financial sector. She also discusses the progress that has been made for women in the industry and the importance of representation and gender intelligence. Joanne offers advice to young women entering the sector, including being confident, building a strong network, staying curious, embracing technology, and showing compassion.Following a successful gathering in Kigali last year, the Angaza Forum heads to Nairobi, Kenya, from October 16th to 18th, 2024, bringing together the 2024 Angaza Award winners and women in the financial sector from across the Continent. The Angaza Forum 2024 will feature a lineup of compelling speakers, knowledge presentations, and training sessions, alongside ample networking opportunities.This episode features:Jo-Ann Pohl - Senior Advisor, Kearney South AfricaPatricia Kamau - Secretariat, Angaza ForumsAlly Mwakaneno Gakweli - Producer

Yawa Hansen-Quao, founder of Leading Ladies Network, discusses the importance of empowering Africa's future leaders through ethical leadership, gender parity, and inclusive governance. She shares the inspiration behind her organization and the work they do to support young girls and women in their leadership journeys. Yawa emphasizes the need to meet women where they are, provide practical and actionable advice, and create a network of support. She also highlights the challenges and opportunities associated with inclusive governance and the importance of financial empowerment for women. Yawa's book, 'The Leading Lady Way,' offers practical leadership lessons for women and girls.Key Takeaways.Ethical leadership, gender parity, and inclusive governance are crucial for empowering Africa's future leaders.Meeting women where they are and providing practical and actionable advice is essential in supporting their leadership journeys.Inclusive governance faces challenges related to tradition, religion, and culture, but also presents opportunities for empowerment.Financial empowerment is important for women to pursue their ambitions and goals.Mentorship, coaching, and support networks are key in helping women succeed in leadership.Yawa's book, 'The Leading Lady Way,' offers practical leadership lessons for women and girls.Following a successful gathering in Kigali last year, the Angaza Forum heads to Nairobi, Kenya, from October 16th to 18th, 2024, bringing together the 2024 Angaza Award winners and women in the financial sector from across the Continent. The Angaza Forum 2024 will feature a lineup of compelling speakers, knowledge presentations, and training sessions, alongside ample networking opportunities.This episode features:Yawa Hansen-Quao - Founder, Leading Ladies NetworkPatricia Kamau - Secretariat, Angaza ForumsAlly Mwakaneno Gakweli - Producer.

Mary Mulili, the Managing Director and CEO of UBA Kenya, shares her leadership journey and the key drivers of success in the banking industry. She emphasizes the importance of customer centricity, innovation, and strategic partnerships in driving growth and inclusion. Mary also discusses the challenges faced by women in finance, such as work-life integration and stereotypes, and suggests actionable steps organizations can take to reduce these challenges. She highlights the significance of investing in oneself, building professional networks, volunteering, and raising one's hand for opportunities.Takeaways- Customer centricity, innovation, and strategic partnerships are key drivers of success in the banking industry.- Women in finance face challenges such as work-life integration and stereotypes, but organizations can take actionable steps to reduce these challenges.- Investing in oneself, building professional networks, volunteering, and raising one's hand for opportunities are important for career growth in the financial sector.Following a successful gathering in Kigali last year, the Angaza Forum heads to Nairobi, Kenya, from October 16th to 18th, 2024, bringing together the 2024 Angaza Award winners and women in the financial sector from across the Continent. The Angaza Forum 2024 will feature a lineup of compelling speakers, knowledge presentations, and training sessions, alongside ample networking opportunities.This episode features:Mary Mulili - Managing Director and CEO UBA KenyaAlly Mwakaneno Gakweli - Host and Producer

In this insightful episode, we delve into the critical role of Environmental, Social, and Governance (ESG) factors in shaping sustainable development across Africa. Our guest, Catherine Musakali, co-founder of the Women on Boards Network Kenya, shares her expertise on how ESG has evolved into a vital boardroom agenda. We explore how integrating these factors into financial and governance decisions can drive better business performance, enhance risk management, and foster a more inclusive society. Join us as we discuss the challenges, opportunities, and practical steps organizations can take to implement effective ESG strategies, ensuring long-term sustainability and success in a rapidly changing global landscape.Following a successful gathering in Kigali last year, the Angaza Forum heads to Nairobi, Kenya, from October 16th to 18th, 2024, bringing together the 2024 Angaza Award winners and women in the financial sector from across the Continent. The Angaza Forum 2024 will feature a lineup of compelling speakers, knowledge presentations, and training sessions, alongside ample networking opportunities.This episode features:Catherine Musakali - Co-founder, Women on Boards Network KenyaAlly Mwakaneno Gakweli - Host and Producer

Stephen Lokonyo gives us an exclusive look behind the scenes at First Assurance - one of Kenya's oldest companies In this first episode of Season Two of the Investing Like an Executive series, Andrew Barden sits down with Stephen Lokonyo, the MD of First Assurance, to learn more about Kenya's insurance industry, find out more about FA's new products, and hear the story behind Mr. Lokonyo's career which led him to where he is today.

This episode focuses on the role of member-based organizations, like the Organization of Eastern and Southern Africa Insurance (OESAI), in promoting financial inclusion, particularly for women in the financial sector.Key Takeaways:Financial Education: Financial education plays a crucial role in boosting public understanding of insurance products. Initiatives such as radio shows and social media campaigns by insurance associations in Kenya and South Africa have effectively increased insurance literacy.Manifesto for African Women in Finance: The manifesto outlines three primary objectives which include collaborating with strategic partners to foster inclusive financial services, leveraging the influence of women in leadership positions to enhance financial inclusion and resilience and prioritizing the development of women's leadership capabilities within the financial sector.Intersectionality of Issues: Climate change and other issues disproportionately affect women, particularly in low-income groups. The lack of access to financial resources and information further deepens these challenges.Insurance Industry and Women's Needs: Developing insurance products that cater specifically to women's needs, such as maternity and health insurance, can be more effectively driven by having more women in leadership positions.Empowerment of Women: Empowering women through financial resources and leadership opportunities is key to achieving financial inclusion. Placing more women in financially rewarding positions helps address broader social issues and enhances economic empowerment.Role of Data: An insurance industry truly focused on women will demonstrate this through its data, with a significant portion of its clientele consisting of women.Following a successful gathering in Kigali last year, the Angaza Forum heads to Nairobi, Kenya, from October 16th to 18th, 2024, bringing together the 2024 Angaza Award winners and women in the financial sector from across the Continent. The Angaza Forum 2024 will feature a lineup of compelling speakers, knowledge presentations, and training sessions, alongside ample networking opportunities.This episode features:Rose Wanda - Secretary General, Organisation of Eastern and Southern Africa Insurers (OESAI)Ally Mwakaneno Gakweli - Podcast Host and Producer.

In this episode, Nuru Mugambi and Patience Muvea discuss the impact of the COVID-19 pandemic on consumer behavior in the insurance sector. They explore the shifts in preference and demand, such as the increased uptake of private health insurance and life insurance. They also discuss the scaling back of secondary insurance products like motor insurance. Patience highlights the importance of flexible and tailored insurance solutions, as well as the need for insurers to adapt to digital channels and technologies. They also delve into emerging risks in the insurance sector, including artificial intelligence, climate change, and geopolitical risks. Patience emphasizes the significance of ESG (environmental, social, and governance) factors in shaping the future of the insurance industry and provides advice for aspiring women in the field.Following a successful gathering in Kigali last year, the Angaza Forum heads to Nairobi, Kenya, from October 16th to 18th, 2024, bringing together the 2024 Angaza Award winners and women in the financial sector from across the Continent. The Angaza Forum 2024 will feature a lineup of compelling speakers, knowledge presentations, and training sessions, alongside ample networking opportunities.This episode features:Nuru Mugambi - Angaza Forum Chairperson.Patience Muvea - Chief Actuary, Liberty Life Kenya.Ally Mwakaneno Gakweli - Producer.

Tanzania Banking Association (TBA) Executive Director Tusekelege Joune shares insights on how East Africa member associations are undertaking capacity building as well as benchmarking, so as to facilitate cross-border trade and promote financial inclusion in the region. #CEOChat

Dr Habil Olaka shares insights on Green Investment Opportunities for Households and Enterprises in East Africa.

Mr. Wilbrod Humphreys Owor Executive Director, Uganda Bankers Association, shares insights on Strategies of Deeping Financial Inclusion in East Africa.

In this third edition of the Kenyan Wall Street's Investing Like an Executive series, we sit down with Samuel Kariuki, the CEO of Mi Vida Homes, to discuss the real estate developer's new Garden City development, the state of the affordable housing industry in Kenya, and concluding with some words of wisdom for young people looking to build a career in real estate.

The Global Peace Index 2023 (GPI 2023) reveals sharp deterioration in peace last year with Sub-Saharan Africa witnessing an increase in levels of terrorism. Over 80,000 people have died in the Russia-Ukraine war which has also disrupted global food supply chain and hypothetical Chinese blockade of Taiwan likely to disrupt complex electronics supply.The aftermath of Libya conflict, end of war in Syria, and ethnic tensions coupled with the effects of climate change is linked to an increase in the number of terrorism activities in the Sub-Saharan Africa putting the economies of region in danger. In this interview, we talk to Thomas Morgan, associate director of research at the Institute of Economics and Peace about the report and the economic impact of violence on the global economy.

Investing in African tech startups is rapidly gaining momentum, with more investors recognizing the massive untapped potential in the continent's burgeoning tech ecosystem. Ventures Unknown, an organization whose mission is to build connections to and between emerging tech ecosystems and access to capital, recently made its first trip to Nairobi to explore the African tech ecosystem. We sat down with Ethan Appleby, the founder of Ventures Unknown, to explore some of the key lessons he learned during his visit. 

In this episode, Nuru Mugambi interviews Dr. Ophelia Inez Weeks, Executive Director and Board Secretary, Ellen Johnson Sirleaf (EJS) Presidential Center for Women and Development as they explore the role women in Africa play in building the economy. The EJS Center aims to amplify the voice of women and girls in all spheres of life by increasing the representation of women in public service leadership roles in Africa.  Through a unique blend of programming, advocacy, archival research, and museum exhibitions, the EJS Center seeks to become a premier institution dedicated to advancing and sustaining women's political and social development on the continent. The EJS Center (https://www.ejscenter.org) is a partner of the 2022 Angaza Awards happening on 8th June 2022. Register to attend the event here: https://lnkd.in/gjUrpBX7 Podcast Host: Ms. Nuru Mugambi, Founder Kaleidoscope Consulting Guest: Dr. Ophelia Inez Weeks, Executive Director and Board Secretary, EJS Presidential Center for Women and Development Production: Rawlins Hamisi

In this episode, Nuru Mugambi interviews Tabby Tsengiwe, General Manager of  Public Affairs & Communication at Old Mutual Limited as they explore the role women in Africa play in building the economy. Old Mutual (www.oldmutual.com) is a sponsor of the 2022 Angaza Awards happening on 8th June 2022. In addition to sponsoring the awards, Old Mutual is supporting the Top 10 through mentorship and profile building. Register to attend the event here: https://lnkd.in/gjUrpBX7 Podcast Host: Ms. Nuru Mugambi, Founder Kaleidoscope Consulting Guest: Tabby Tsengiwe, General Manager of  Public Affairs & Communication at Old Mutual Limited Production: Rawlins Hamisi

In this episode, Ms Salome Mboya interviews Jacqueline Karasha, Head of Corporate Business, Sanlam Life Insurance Ltd. Kenya as they discuss: global and Pan-African trends in insurance what it takes to succeed in the insurance sector Jacqueline Karasha is a 2022 Top Woman to Watch in Banking and Finance by Angaza Awards. When Jacqueline Karasha joined Sanlam Kenya in 2016, she was tasked with turning around the Corporate Business's performance which had been on a steady decline in terms of revenue and profitability.  The 2016 Full Year revenue stood at USD 17mn and the company's market position had declined from 1st to 8th. Through effective strategic planning, Jacqueline diversified the firm's distribution channels to include Bancassurance and Digital channels, and re-engaged key intermediaries in the market. She revamped the client service model to enhance retention and implemented a high performance culture within the team, introducing goal setting, performance management and frequent feedback sessions. As at December 2020, the revenues of the Corporate Business reached USD 35mn, up from USD 22mn in December 2019.  The remarkable performance helped cushion the Sanlam Kenya business from the economic shocks that were experienced in the market due to the COVID pandemic. Podcast Host: Ms. Salome Mboya, Youth Programs Associate, Hisa Inc Guest: Jacqueline Karasha – Managing Director, Head of Corporate Business, Sanlam Life Insurance Ltd. Kenya Production: Rawlins Hamisi

In this episode Leah Wamugu interviews Sharon Kinyanjui as they discuss: global and Pan-African trends in cross border payments her career in digital payments and what it takes to succeed as a regional business & technology leader Sharon Kinyanjui is the first woman to direct WorldRemit's operations across 70 countries, of which 42 countries are in Africa. The region she is responsible for driving the strategic direction of, identifying new markets, and optimizing financial performance is one of the largest contributors to WorldRemit's global revenues and gross profit. She has been instrumental in leading the charge and being the first International Money Transfer Organization (IMTO) to provide a completely new payout currency (USD pay-out) for customers sending payments to Nigeria. Sharon serves on the board of five WorldRemit entities in South Africa, Rwanda, Uganda, Tanzania and Kenya. Podcast Host: Leah Wamugu, Finance Analyst and Writer, The Kenyan Wallstreet Guest: Ms Sharon Kinyanjui, Regional Director - EMEA (Europe, Middle East & Africa), WorldRemit Ltd Production: Rawlins Hamisi

Fleunt in Tax is a new show birthed out of a collaboration between Kenyan Wallstreet and Ushuru.co.ke. In this episode Eric Jackson speaks to John, a tax expert from Ushuru.co.ke as they break down: implications of the news Finance Bill 2022 how the new taxes will affect individuals and small businesses the various timelines before the bill becomes and act and is potentially turned into law what you can do to suggest changes to the bill Ushuru.co.ke is a boutique tax consultancy firm that helps Kenyans, both in the country and in the diaspora, to understand and file their taxes. If you need help filing your taxes, please visit https://ushuru.co.ke and you will be assisted. Podcast Host: Eric Jackson, co-founder Kenyan Wallstreet & Hisa  Guest: John, Tax Expert Ushuru.co.ke Production: Rawlins Hamisi