My 2 cents wrote:Died dodo in 2015 and shows little sign of coming back to life. A mixture of several factors. The talks in 2015 about introducing capital gains, the poor economy, the interest caps 2016 to 2020 that reduced monetary liquidity and biggest factor of all is the very poor corporate governance in Kenya. Most companies are governened by vultures - for the interests of management and well connected suppliers. Shareholder interests are NOT a priority in most companies.
Do not despair. Buy selectively
COOP 306,100 ABP 31.96, KEGN 112,100 ABP 10.64, MTNU 131,000 ABP 10.21