Make Money

Ahead of the annual Business Daily Investor Education Conference on May 29, Make Money speaks to Nahashon Mungai, the Executive Director, Global Markets at Standard Investment Bank (SIB), on why diversification is becoming central to modern investing.  He explains how spreading investments across asset classes can help manage risk, improve resilience and position investors for long-term retur...

Every investment return comes with risk, but where is the line between an informed decision and speculation? In this episode of Make Money, Stanley Mutuku, CEO of Lofty-Corban Investment Limited, discusses how investors can assess their risk tolerance, balance potential rewards against possible losses, and make smarter long-term investment decisions

Investing often means spreading your money across different assets to reduce risk. But buying multiple stocks, bonds or commodities can be costly and complex. Exchange Traded Funds (ETFs) offer investors a simpler route by packaging several assets into a single investment product.  In this Make Money episode, Richard Muriithi, Senior Portfolio Manager at ICEA Lion Asset Management, breaks dow...

As interest rates continue to fall, bond prices have risen, opening a window for investors to take profits. But is this the right time to sell? Christine Gatakaa, Head of Fixed Income Trading at Capital A Investment Bank, explains the relationship between interest rates and bond prices. She also breaks down how secondary bond markets work and what investors should consider before deciding whether...

The first quarter of 2026 opened with a fresh external shock following the US-Israel war on Iran, adding to global market uncertainty. Despite this, the Central Bank of Kenya (CBK) has continued its rate-cutting cycle, signalling a supportive environment for investors. In this episode of the Make Money podcast, Teddy Irungu, Head of Research at Rock Advisors Investment Bank, breaks down the Q1 202...

Dividends are becoming a central pillar of wealth creation, beyond share price gains. As listed firms, particularly banks, ramp up shareholder payouts, Make Money explores how investors can position for steady dividend income. AIB-AXYS Africa Senior Research Analyst Joseph Muriithi breaks down the mechanics behind dividend investing

The initial buzz around the Kenya Pipeline Company's (KPC) initial public offer has faded, and the stock is now officially trading on the Nairobi Securities Exchange. But behind the scenes, the first IPO in over a decade revealed a changing investor landscape.  Rina Hicks, Operations Director at Faida Investment Bank, the lead adviser to the KPC offer, joins Make Money to dissect the offering...

Can you actually make money trading stocks or is buy-and-hold still the safest bet? For years, investors have been told to stick to long-term strategies, with frequent trading seen as risky and speculative. But recent market swings are challenging that thinking, showing how well-timed entry and exit can unlock value. In this episode, FourFront Management trading analyst Lilian Chege breaks down th...

As plummeting interest rates erode the appeal of "vanilla" assets like money market funds, investors are aggressively pivoting toward Special Funds in search of yield. But does a higher return always signal a smart play, or are investors overlooking the fine print?  Wanjiru Gichuru, CEO of Pergamon Investment Bank, joins the podcast to break down the surge in special funds, the mechanics of s...

As geopolitics fuels market uncertainty, investors are turning to gold and silver as safe-haven assets. In this episode, Tito Namu of Absa Securities outlines the investment case for precious metals, unpacks the key drivers of price movements and explains how investors can access gold through the Nairobi Securities Exchange.

Bitcoin, the world's largest cryptocurrency, is facing its most brutal credibility test yet. Prices have dropped by nearly half from the all-time high of $126,000 recorded in October 2025, rattling investors and reviving doubts about the durability of digital assets. Yet Bitcoin has survived several dramatic crashes before, each time staging a comeback that strengthened its supporters' belief in t...

In this episode, Theo Capital founder and chairman Eric Ruenji reflects on the first two years leading up to the launch of shares trading on the mobile money platform M-Pesa. He discusses the cold approaches to senior executives, the regulatory and operational hurdles, and the lessons learnt from developing the Ziidi Trader platform

After an 11-year listing drought on the Nairobi Securities Exchange, the Kenya Pipeline Company (KPC) is finally breaking the ice. Its initial public offering (IPO) is here, but with a Sh9-per-share entry point, is it cheap, or just affordable? How do you discern a good deal from the "froth" in the market?  In this special episode of Make Money, Wesley Manambo, Senior Research Analyst at Stan...

Commercial banks are aggressively pursuing affluent investors, using their cross-market expertise to position themselves as wealth managers, not just lenders.  In this episode presented by Standard Chartered Bank Kenya, Ouma Orero and Khushboo Dhutia explore what defines an affluent investor, why banks are winning over traditional fund managers and how aspiring wealthy Kenyans can access weal...

The year is coming to an end, but the market never rests. As the season wraps up, we turn our attention to the one question every serious investor is asking: Where exactly will the money be flowing in 2026? Macroeconomics analyst Stellar Swakei joins us to share a comprehensive, early outlook. In this episode, she will: • Explain the key macro-factors and risks that are about to redefine the inves...

As 2025 wraps up, Make Money takes a look at the wins of the year. We break down the top-performing asset classes and sectors and analyse the macroeconomic forces, policy shifts, and global trends that propelled their success. We are joined by IC Group economist Churchill Ogutu.

November is synonymous with deep discounts, but the savings aren't just limited to electronics, appliances and groceries. For savvy investors, the 'Black November' season offers an opportunity to hunt for bargain investments. In this episode, Wesley Manambo, a Senior Research Associate at Standard Investment Bank (SIB), walks us through the essential process of identifying undervalued asset (a bar...

The global market rally, largely fueled by Artificial Intelligence (AI), is showing classic signs of exuberance and over-valuation. Can this momentum in offshore markets like the US truly be sustained, or is a major correction on the horizon?  For Kenyan investors, this is not just a foreign story — it affects an estimated Sh50 billion in local funds held in offshore securities. Jubilee Asset...

Artificial Intelligence is transforming industries, boosting productivity while threatening to make some jobs obsolete.  In this episode, we explore whether AI can truly replace human financial advisors. WealthPro Africa Founder and CEO Victor Marangu joins us to unpack how AI is reshaping investing, what it gets right, and where human insight still matters most.

Local stocks have emerged as the top-returning asset class of 2025 by a significant margin (an accounting mile), reigniting massive retail investor interest in the Nairobi Securities Exchange. This episode is we break down everything you need to know to capitalise on this boom – from opening a CDS (Central Depository System) and trading account, placing the first trade, and understanding how the s...

The Nairobi Securities Exchange has recorded back-to-back gains of more than 30 percent in 2024 and again so far in 2025, buoying investor confidence and lifting portfolio values. But for those who stayed on the sidelines, is it too late to join the rally? In this episode, NSE Chief Executive Officer Frank Mwiti breaks down the key drivers of the market recovery, where fresh opportunities remain,...

Customers are no longer just looking for loans and savings anymore; they demand a one-stop shop for all their financial needs. This puts commercial banks under pressure to expand beyond their traditional roles and deliver a full suite of financial services. But can lenders evolve into true financial supermarkets? Moses Muthui, Director of Consumer Banking at Absa Bank Kenya Plc, joins us to discus...

We all chase high returns, but what about the costs? Investment fees, commissions, and charges can quietly erode your gains. What's a reasonable cost of investing—and when do the charges start to hurt your portfolio? Lydia Muriuki, Senior Relationship Manager at Standard Investment Bank (SIB), joins us to pull back the curtain on these costs. She unpacks the different types of investment fees, how...

Did you know government bonds can give you a pay cheque every month? While the Treasury papers typically pay out interest just twice a year, smart investors use the bond laddering strategy for steady income each month. In this episode, we're climbing the "bond ladder" with financial advisor and founder of Azara Wealth, Belinda Kiplimo. She breaks down how to build a bond portfolio — a "ladder"— wh...

The windfall returns of 2024 from Treasury bills, government bonds, and money market funds appears to have ended. With yields drifting lower, investors are being forced to rethink how they position their portfolios. Naomi Atera, a corporate finance analyst at Rock Advisors, says this means leaning into riskier asset classes, particularly equities listed on the Nairobi Securities Exchange.