Inflation 6.8%
GDP growth 5.3%
Central Bank Rate 8.75%
Kenya 10-year bond 12.53%
30-year bond (FXD1/2026/030) auction 14.183%
91-day Treasury bill 8.75%
182-day Treasury bill 8.86%
364-day Treasury bill 9.0352%
KESONIA overnight rate 9.26%
USD / KES 129.92
GBP / KES 173.14
EUR / KES 145.79
NSE All-Share 240.50
NSE 20-Share 4,249.24
NSE 25-Share 6,828.77
Equity turnover KSh 42.7 billion

As of 19 October 2026

Kenya Market News

Updated 21 October at 11:32 EAT

The NSE, money market funds, Treasury bills and the shilling — and the African, US and global markets that move them. From the Serrari newsroom, newest first.

Kenya

Ruto Pledges KES 5 Billion More for Kenya’s Hustler Fund

President William Ruto has pledged to inject an additional KES 5 billion into Kenya’s Hustler Fund before the end of 2026 to expand access to small, collateral-free loans. Speaking at the Mashujaa Day celebrations in…

21 Oct, 11:32 · Montel Kamau

Global
France’s Debt Hits 119% as Bond Yields Near 24-Year High
21 Oct, 11:29 · Montel Kamau
Africa
Zimbabwe’s Lithium and Gold Fuel Economic Growth Plans
21 Oct, 11:25 · Montel Kamau
Kenya
UK Government Backs Quickmart IPO With KES 1.94 Billion
21 Oct, 11:15 · Montel Kamau
Global
Amazon Plans €16 Billion Investment in Germany for 2027
21 Oct, 11:09 · Montel Kamau

Today's brief

Daily Markets & Wealth Brief — 21 October 2026

Blue chips led Wall Street higher, with the Dow up 1.02% on strong earnings, while an AI sell-off dragged Asia lower. In Nairobi, a KSh 42.5 billion block trade in Kenya Pipeline shares lifted turnover to KSh 42.7 billion as Nedbank completed its takeover of NCBA.

At a glance

Nedbank completed its KSh 110 billion purchase of a 66% stake in NCBA Group. NCBA shares are suspended from 21 October to 2 November while the register is reconciled; the bank keeps its NSE listing, brand and local leadership, with 34% still in public hands.
State firms and pension funds, the NSSF among them, sold a 24.76% stake in Kenya Pipeline — 4.5 billion shares for KSh 42.5 billion — to a foreign institutional investor, less than eight months after backstopping its March IPO.

21 October 2026

The numbers behind the news

Serrari rates desk

Money market funds
Every fund’s yield, compared
Treasury bills
91, 182 and 364-day auction rates
Treasury bonds
Coupons, yields and open issues
Fixed deposits
Bank deposit rates side by side
NSE market summary
Indices, turnover and movers

Kenya markets

More Kenya news

Nedbank Secures 66% NCBA Stake as Deal Nears Settlement
21 Oct, 10:42 · Montel Kamau
Mbadi Seeks PAYE Exemption for Wages Up to Sh32,800
19 Oct, 10:40 · Montel Kamau
NSE Extends Dangote Refinery GDR Offer to October 27
19 Oct, 10:27 · Montel Kamau
MansaX Funds Receive NSE ISIN Codes to Expand Global Reach
19 Oct, 09:50 · Montel Kamau

Kenya Overtakes Ethiopia as East Africa’s Top Economy
16 Oct, 12:23 · Montel Kamau
Unicharm, Toyota Tsusho Launch Sh2bn Kenya Hygiene Venture
16 Oct, 12:10 · Montel Kamau
Kenya 91-Day Treasury Bill Draws KSh 49.8bn in Bids
16 Oct, 10:14 · Montel Kamau
Kenya Fuel Prices Jump as Middle East Supply Risks Rise
15 Oct, 13:14 · Montel Kamau
Kenya CMA Weighs Fund Ratings as Unit Trusts Near KSh1tn
15 Oct, 13:01 · Montel Kamau
IMF Forecasts Kenya’s GDP Growth to Reach 4.7% in 2027
14 Oct, 14:17 · Montel Kamau

Africa markets

More Africa news

Afreximbank Backs African Auto Industry With $1 Billion
21 Oct, 11:06 · Montel Kamau
South Africa’s Renewable Capacity to Top Thermal by 2035
19 Oct, 10:32 · Montel Kamau
Vedanta’s $600M Gamsberg Expansion Boosts Zinc Capacity
19 Oct, 10:12 · Montel Kamau
Uganda Coffee Exports Fall 13.6% in August Amid Drought
16 Oct, 12:14 · Montel Kamau

Bisedge Secures €10 Million to Expand Electric Logistics
16 Oct, 12:01 · Montel Kamau
Africa’s $10bn AI Drive Targets 25 Million Jobs by 2035
15 Oct, 13:06 · Montel Kamau
Shell to Sell Nigerian Gas Distribution to Vaaris Energy
15 Oct, 12:52 · Montel Kamau
Nigeria Equities Lose N144.54bn as Financial Stocks Fall
15 Oct, 12:33 · Montel Kamau
Ethiopia, Beginnings Fund Launch $90M Maternal Care Plan
14 Oct, 14:04 · Montel Kamau
Dangote Refinery Reports $4.73 Billion Nine-Month Profit
14 Oct, 13:49 · Montel Kamau

Global markets

More global news

French Bond Yields Near 24-Year High as Protests Persist
21 Oct, 10:38 · Montel Kamau
EU Green Bond Standard Issuance Hits €39 Billion in 2026
21 Oct, 10:34 · Montel Kamau
Western Union and MoneyGram Launch Rival Dollar Stablecoins
21 Oct, 10:21 · Rosemary Wambui
Revolut Wins Gibraltar Crypto Licence for Global Expansion
21 Oct, 10:17 · Rosemary Wambui

IMF Warns Global Resilience Masks Rising Debt Risks
19 Oct, 10:36 · Montel Kamau
Cleanaway Shares Jump 19% on A$9.3 Billion EQT Buyout
19 Oct, 10:15 · Montel Kamau
Stablecoin Payment Volume Rises 45% to $482 Billion
19 Oct, 09:46 · Rosemary Wambui
Canadian Home Sales Fall in September as Mortgage Rates Rise
19 Oct, 09:44 · Rosemary Wambui
Deutsche Bank Prepares Crypto Custody Launch, Targets Asia
19 Oct, 09:40 · Rosemary Wambui
Senegal Opens 104 Oil and Gas Blocks to Global Investors
16 Oct, 12:18 · Montel Kamau

US markets

More US news

US 10-Year Treasury Yield Above 5% Tests Stock Markets
19 Oct, 09:59 · Montel Kamau
Binance.US Seeks $100 Million at $1 Billion Valuation
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US Existing Home Sales Rise 1.5% in September
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FASB Stablecoin Proposal Could Redefine Corporate Cash
13 Oct, 11:00 · Montel Kamau

Trump-Putin Diesel Deal Unlikely to Cut US Fuel Costs
12 Oct, 10:53 · Montel Kamau
Samsung Wallet Adds Solana USDC Transfers for Galaxy Users
9 Oct, 10:03 · Rosemary Wambui
Securitize Launches 12 Tokenized US Equities On Solana
9 Oct, 09:51 · Montel Kamau
US Treasury Yields Hit 2002 Highs as AI Debt Surges
8 Oct, 09:27 · Montel Kamau
U.S. Real Estate ETF Hits Record Low vs S&P 500
7 Oct, 11:22 · Rosemary Wambui
Bitcoin ETFs Shed $90 Million as BTC Sits 32% Below ATH
7 Oct, 11:16 · Rosemary Wambui