Following the release of the FY’2024 results by Kenyan listed banks, the Cytonn Financial Services Research Team undertook an analysis on the financial performance of the listed banks and identified the key factors that shaped the performance of the sector;

Following the release of the FY’2024 results by all four authorized Real Estate Investment Trusts (REITs) in Kenya, the Cytonn Real Estate Research Team undertook an analysis of the financial performance of the REITs and identified the key factors that shaped the performance of the sector. The report will discuss the background and structure of REITs in Kenya, and a…

The Monetary Policy Committee (MPC) is set to meet on Tuesday, 8^th April 2025, to review the outcome of its previous policy decisions and recent economic developments, and to decide on the direction of the Central Bank Rate (CBR). In their …

According to the Kenya National Bureau of Statistics (KNBS) Q3’2024 Quarterly Gross Domestic Product Report, the Kenyan economy recorded a 4.0% growth in Q3’2024, slower than the 6.0% growth recorded in Q3’2023. The main contributor to Kenyan GDP remains to be the Agriculture, Fishing and Forestry sector which grew by 4.2% in Q3’2024, lower than the 5.1% expansion recorded in Q3’2023.…

According to the World Bank, the Sub-Saharan economy is projected to grow at a moderate rate of 4.1% in 2025, which is 0.9% higher than the 3.2% growth estimate recorded in 2024. The expected recovery is primarily driven by private consumption growth…

According to the World Bank the global economy is projected to grow at 2.7% in 2025, matching the 2.7% growth recorded in 2024. This forecast marks a slight upward revision from earlier projections, reflecting economic recovery, particularly for emerging markets. The World Bank’s growth pr…

The private sector contributes significantly to Kenya's economic growth, with increased access to credit driving real GDP expansion. Credit availability is essential for businesses to expand, innovate, and stay competitive.  Recent data from the …

National Social Security schemes are created by governments to form the first pillar of social security. In Africa, Kenya was the second country after Ghana to form a national security scheme, The National Social Security Fund (NSSF), done in 1965 through an Act of Parliament (Cap 258). In recent years, discussions around the growth and reform of the NSSF have gained momentum, with key consi…

According to the ACTSERV Q4’2024 Pension Schemes Investments Performance Survey, the five-year average return for segregated schemes over the period 2020 to 2024 was 4.5% with the performance fluctuating over the years to a high of 13.2% in Q4’2024 and a low of 0.7% in Q4’2021 reflective of the markets performance. Notably, segregat…

In 2024, we published the Nairobi Metropolitan Area Commercial Office Report 2023 themed ‘Persisting Tenant’s Market’. The report provided an in-depth analysis of the sector's performance in 2023, along with insights into future prospects and investment opportunities. According to the re…