Nowadays, most money in Kenya is in Private Equity. Companies are choosing to stay unlisted and sourcing for funds from private investors.

Usually, private companies only list when they want to offload shells on wananchi. The real quality small and medium companies are avoiding the stock exchange at all costs.

The era of quality companies on the NSE is coming to an end. In the last 10 years, very few quality companies have listed. Since 2010-11, most of the companies that have listed were shells being sold to the common man.

For wazuans, you guys might need to look for investment opportunities elsewhere because decent investable companies are no longer listing.

It was by sheer luck that Nakumatt wasn't offloaded to wananchi on time.

Fix the economy, everything else will follow.

Easier said than done. As an investor (not politician), you have no say. You can only vote with your feet ie seeking opportunities elsewhere.

I have been a wazuan for almost 10 years, some as a guest. There is a strong correlation between traffic to this website with how well the local stock market is doing. The smart investors became inactive because opportunities disappeared. We have been in a protracted drawdown since 1st January 2007 when the market hit 5774 points. Today we are at 1911 points 14 years later with no end in sight. It has been hard to make any money in the NSE for the last 7 years. A 67% drawdown. Some people have made money, but generally, the average investor has been underwater for 14 years.

Today the NSE 20 share index is where it was in 2003.

You become an active trader,if you see the company you have invested in things are starting to go south,you jump out and protect your losses or exit with your minimal profit.
There are other options to protect your capital such as money market,government securities

The foreign companies it's not guaranteed they are doing well financially.

It's even harder to disagree. An economist would say an economy dies, but I disagree, economy is an abstraction to conceal real persons like you and me who are likely to exterminate having lost their livelihoods.
If you believe in your economy, then u believe in your life and a brighter future, vv is also true. It doesn't matter how high or low you might be. Wakeup to reality of real living.

NSE 20 share index is a good barometer,a better gauge is the individual counter you own or hold.

In this market, we just collect dividends and chill out.

Thankfully, BAT, I&M, Centum, Kenya Re, Kengen and NCBA have come through with dividends since Covid started.

Didn't NCBA stiff us in 2020? Announced then cancelled? I&M (respect) came though in 2020 and 2021.

Kenya Re in 2020 was very low but better than zero. They can do better with all the cash it has.

BAT is awesome. Also Jubilee. Stanchart reduced it but better than cancelling it like Equity (2 years with zero dividends).

He meant for the FY2019 dividends whose payment date was in 2020.