Kenya's major problem is just one... chronic corruption within Govt. If you can tame that and the rest of the sectors will follow suit. Money will reach the commoners.

No, they won't. The idea of "cigar butt" investing for one last puff went out of fashion. Fontier market are troubled assets and whether dollar did this or yen did that they will still be troubled assets.

It's more profitable and less stressful to invest where the action is. Fontier markets need to sort out their mess and become markets where action is happening.

See how India stopped depending on foreign investors and started pushing their market forward. That's what NSE needs, local investors propelling it forward.

@VVS
This is how frontier markets are viewed

Dollar strength will impact risk assets. Dollar index needs to cool down before the next leg up for NSE. Planning to add Kshs assets on next dip around Dec

MAGA requires the dollar softening. Trump's treasury pick leans towards "Abenomics" so expect volatility all around.

Either way one can hedge using local dollar MMFs to short the NSE

What's more disappointing we get market signals from advanced markets because our local policymakers are just a bunch of debt junkies floating with no initiative

Only a few of the NSE 20 have done very well. Also one cannot buy the NSE20 like one can the S&P500. A missed opportunity by the NSE i.e. offering a tradable index.

Second last trading day and from where I stand, I will beat the index this year. Waiting for tomorrow's final numbers for 2024.

Today the NSE 20 was at 1993 only 7 points from the 2000 mark. Tomorrow let's turn up at our best. We must be seen...

There was an ETF that was to be launched based on the NSE 10 index but it has been delayed. Missed opportunity by the promoters