FEATURED STORY

Kenya’s Capital, Banking, Energy Markets: What to expect this week

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Equity Group to Release Q1 2026 Results
Equity Group to Release Q1 2026 Results
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Kenya’s Investors are going to be busy watching activity across Capital Markets, Banking and Energy Sectors this week.

This Tuesday 12th May, the Kenya Mortgage Refinance Company(KMRC) Medium Term Note(MTN) programme officially closes.

KMRC, a state-owned mortgage outfit that offers affordable facilities to other lenders, has floated a KSh 3Billion Green Bond, the second tranche and part of its KSh 10.5 Billion Medium-Term Note programme.

The KMRC Green Bond remains structurally attractive for income focused investors but participation decisions will be guided by yield relative to prevailing Government Securities and risk-adjusted returns.

On Wednesday 13th May, Equity Group Holdings is expected to release its Q1 2026 earnings, the first lender to do so this quarter.

On Thursday May 14th, Energy and Petroleum Regulatory Authority(EPRA) is expected to announced new fuel prices. The new prices are expected to reflect the ongoing Gulf War crisis.

Also, in this week’s calendar, Stanbic Holdings will hold its Annual General Meeting(AGM) as well as Umeme.  Co-operative Bank of Kenya is also expected to release its Q1 2026 earnings.

This Friday, Stanbic Holdings and BK Group will announce final dividend book closure dates. Co-operative Bank of Kenya will hold its AGM while KMRC Medium Term Note allocation & allotment results will be released. I&M Bank Medium Term Note(MTN) offer officially closes.

Meanwhile,  Safaricom Plc will make its first semi-annual interest payment on the Tranche 1 Fixed Rate Green Notes issued under its KSh 40Bn Domestic MTN Programme, next month

The Notes have a Coupon Rate of 10.40% per annum (paid semi-annually) The Principal is KSh 20Bn (inclusive of KSh 5Bn greenshoe).

The record date is 26th May 2026 and Payment Date is 11th June 2026.The Semi-annual payout is 5.20% of principal (before tax). The issuance remains fully on schedule, marking the first coupon distribution under the programme.

 

Written by
JACKSON OKOTH -

Jackson Okoth writes for Business Today. He can be reached on email at editor [at] businesstoday.co.ke

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