Has the Stock Market in Kenya bottomed? Interview with the CEO of the Nairobi Securities Exchange

[@charlesbukenya2054]

Jesus Christ, probably the most useful KZbin series you can ask for. Please keep posting these, very informative especially for us Africa diaspora who want to invest back in Africa.

[@africarain8294]

I don't know Africa yet but I fall in love with Ghana and Kenya....but I choose Kenya for my first love I bought an apartment in Sukuri Heights from certified home over their in Kenya I use a international realtor here to connect me with that trusted company they also selling land in Nanyuki which I also get a plot ....I will visit next year with God help.......go Kenya🇰🇪🇯🇲

[@morionzenza3720]

Karibu Kenya,💪🏾🇰🇪🇰🇪

[@mkenyamzalendo4130]

Oh nice Nanyuki is a good place

[@nancykamotho7019]

Thanks for investing in Kenya.

[@adifferentperspective2457]

Africa rain doesn't know Africa? You bought property yet you don't know Africa? How do you know that you weren't conned? Am Kenyan I can tell you are just advertising the company selling land and properties, you are Kenyan , we are smart people here

[@tuforu4]

Liar

[@susanapollo284]

Mr Odundo has everything at the top of his head. That's what I call loving your job learning it in and out. He can answer any question in the middle of his sleep. Keep up the good work sir.

[@amaniwanjau7765]

The bet on cement companies,, is definitely accurate

[@peterkamau595]

Haha no it's not. All cement companies have been making losses on losses.

[@TheTororist]

@@peterkamau595 look at the production/consumption not bottom line.

[@peterkamau595]

Why? Isn't profitability and operational efficiency the most basic metric of knowing a good investment and a Terrible one?

[@TheTororist]

@@peterkamau595 it's an indicator of the wider economy. Not just a single sector. Macroeconomics

[@peterkamau595]

Did you even watch the video or are you arguing just to argue? He said the best bet is not on real estate but on cement stocks like bamburi. Except that all cement companies in kenya are not profitable and are in really bad state

[@RootsMizizi]

He did his homework. He need to come back after couple years later.... and asses or follow up with the on the same pointers. africa has always been a hidden gem, i`m glad the world is starting to pay attention. very informative

[@baaxwarrya8681]

Are you dumb or slow, the world has being on top of African for over 500 years! We don't need him or any other white people, when African have the most phones or camera, learn to use them yourself!

[@derrickantoney]

Very informative, 33.08 minutes and you have given us the whole Kenyan economy perspective.

[@kenmbugua09]

One of the best interviews by far I’ve seen this year!! We indeed have a positive story to tell about Kenya 🇰🇪❤️

[@Sofia-rp8pd]

Fantastic interview. I’m glad I’ve subscribed to your channel! Many thanks

[@stephenodhiambo2241]

Thank you.Very positive and educative as usual!

[@melvinmungai1062]

Very high quality channel, you've got yourself a new subscriber.. From Nairobi, Kenya

[@jaqiw]

Love your channel! Very interesting especially for us Kenyans in diaspora😊 subscribed!

[@mkenyamzalendo4130]

Invest home don’t listen to those people who always show negativity of Kenya, yes we have challenges but we are heading in a good direction.

[@mustolourien5823]

Great content from an amazing angle. It brings better understanding for our country.

[@sharronmunyi2350]

Watching from nairobi and am impressed of how much you know kenya half of our population can't elaborate our economy The Way u did

[@njndox7252]

Stop talking for others! Who said that they can't?

[@jacktonsikolia239]

She's speaking facts😂 People are not aware of their economy and the direction is taking.... Kazi tu nikuimba uhuru and fuck the government shit..

[@Totowetu]

3/4 don't know shit past GDP

[@garyscott3754]

@@Totowetu that's true, but l've tried to be successful in Bitcoin/forex trading and stock but I always end up losing money, last month I lost about $4,500 trying to trade for myself😭😭😭

[@chinwendulizzy451]

I think I'm blessed because if not I wouldn't have met someone who is as spectacular as expert Mrs Audrey

[@MultiCahoona]

Just had to subscribe. Great stuff.

[@b.k.5659]

When I was growing up, there were far few slums and Kenya was war poorer, now Kenya has improved but the poverty level has risen. This is one thing the government should recognize that social problems may not really be economic problems. We really have to invest in affordable housing.

[@nightnyungwe5945]

Actually this is incorrect. According to the World Bank, Kenya's poverty rate has fallen and by 2020, well over 60% of the population lives ABOVE the poverty line. Are there slums? Yes there are. Could the numbers of people living in the slums have increased? Of course because the population of the country has risen to over 50 million but what matters is the poverty rate as a percentage of the general population.

[@nairobinyeusi5811]

@S M Those are cartels not kibra residents. Kibra is owned by cartels, the people in kibra are in fact tenants who pay tent to these cartels.

[@carowanjiku3126]

@S M remaids me of one of our sayings, you can talk a cow to the river but you can't force it to drink water...you can also take a dack from mad, wash and dry it but it will go back to the mad the moment you release it.

[@sirprestige8803]

Fantastic and insightful watch. Thank you both. Cheers

[@mourinekariuki8688]

Thanks yet again, very informative 👍

[@raellubasi6534]

Very informative interview, privatisation of state corporations is the way to go, I liked the example given by Mr. Odundo on how Safaricom was a small department in the former Kenya Post & Telecommunications Corp and is now one of the biggest Telcos in East and Central Africa. We need more CEOs like him to drive the country forward. Subscribed

[@patrozette6211]

Thoroughly enjoyed this interview.

[@davecash1682]

Great stuff Tim!!!!

[@peternene]

I'm just amazed by your content. They are soo amazing 👌👌

[@ginababy9117]

Wow! Great content you are given out here. 👍👍👍

[@TheMongolianWay]

As Western countries are moving more towards socialism, wellfarism and protectionism I hope Africa can go towards free markets and free trade and show the world how capitalism can advance human race

[@janeulo4388]

Africans hate capitalism. Its just forced on us by the big powers of usa, france, britain. We are socialists by nature and I am sure we will move to this direction in the future

[@raymondkanga]

@@janeulo4388 Who are these "Africans" you talk about? I'm an African and I love free markets and capitalism, and I know I'm not alone.

[@susanapollo284]

Good luck. Globalists coming soon to make all economies socialism. Africans have capitalism in their blood. Anyone that says otherwise is a lier

[@janeulo4388]

@@susanapollo284 Capitalism is a white man's concept and creation. Even if you look at african countries at independence, most of them advocated for socialism. Look at the likes to jaramogi and Tom mboya, nyerere, etc. It was only after immense pressure from the west that they abandoned their stance. In africa today, there are a few monopolies in comparison to the west.

[@edwinonyangoowour6048]

@@susanapollo284 I Love cash pesa

[@georgewanjohi4017]

Great insights. Representing Kenya well. Kenya the place to be.

[@stillmiketheone]

I would say this as a Kenyan, your contents are Gold. Something we don't normally see and hear from our local news ,coming from a foreigner. And as always, Thanks for sharing.

[@daniel.k375]

Thanks for this Man

[@winniekemunto9392]

so informative!! Thank you for this.. Kenya's population is 47million though (2019 Census)

[@beverlyogolah5872]

Content 100% legit.well done👏👏👏

[@mamadoualieujallow3091]

Thank you so much Sir. This information is crucial or helpful for stock market researchers and investors. I am a masters students and my research is about stock markets. Keep up the good work Sir.

[@kevohwapipelinetransami4351]

Informative video indeed

[@Goaldiggerafrica]

We need part two of this...nice work

[@TheWanderingInvestor]

Thank you. It’s here: kzbin.info/www/bejne/iWqkhJepjqqBnck

[@eunicewahome9947]

You are very humble, never seen with KZbinrs

[@bryantumwa187]

Really enjoyed the video and found much value in the information.

[@Sam-xm6ff]

I'm really optimistic abt where Kenya is headed. High literacy levels and still rising rapidly. Enlightened people are obsessed with rising out out of poverty. Capitalism is the antidote to poverty and I'm glad we've embraced it so much.

[@victormpapuluu6497]

Well I'd say 60% capitalism and 40% communism to balance.

[@dennismungaikinyanjui9593]

Woooow we just amazing 🇰🇪🇰🇪🇰🇪🇰🇪

[@africarain8294]

Thanks for this awesome video

[@eQ-13]

Great insights. Thank you for the interview.

[@davidwalker2144]

Civilization plummeting All I see is gas, groceries prices go up! No 666 chip worries! devil slapped slowly losing war harryruyah🤭👍 New transformation for a common good carmels & horses!

[@abu-digin]

this very very much appreciated, i am actually invested in the NYSE and the OTS and i was asking myself why not in my own country......thanks man you gave me this great info.

[@juliusmwinga4051]

Asallam Alleikum. Ni hisa gani unaona zitafanya vizuri(kupanda bei) upesi ndani ya miaka miwili ijayo? Shukran

[@cremedelakrimz]

Very informative, thank you

[@RichyX]

Very informative video thanks !!

[@Mr.George.N]

Worth watching 🇰🇪👍

[@tims5193]

Hey, good stuff. Looking forward to chatting with you soon about the visit and the stock. -Tim Staermose, African Lions Fund.

[@TheWanderingInvestor]

Same here!

[@bee-wj9xg]

Few Kenyans know about the stock market making it difficult for them to try and invest in it. If a major IPO came out it would not make a big difference cause it needs people to actually put money in it. But I could be wrong. Very good video. Keep up the good work.

[@mikeshabaya2041]

Great content,

[@loisemunyua9016]

This is so informative thankyou

[@SpotOn966]

Love your content 🇰🇪❤️

[@davidwalker2144]

Civilization plummeting All I see is gas, groceries prices go up! No 666 chip worries! devil slapped slowly losing war harryruyah🤭👍 New transformation for a common good carmels & horses!

[@erickjuma7643]

Nice content. My only worry is that most of these big projects are majorly happening in Nairobi and it's environs. The other parts of the country is a bit dull

[@mimswahu9692]

Pro- tip, the Nairobi Securities Exchange and the Stock Market is targeted to foreigners that's why when speaking to local investors it feels like a bottom .

[@omesonyabs5244]

Hi Mims, could you explain that a little?

[@georgemwangi1581]

It's being used to attract forex..and finance companies long-term goals.. other than short-term goals of local investor s

[@call563]

Great content

[@jgm3620]

Great interview and very good questions, now I understand much more the Kenian market and the opportunities, thanks

[@s.s_sachi]

Kenyan* With a Y

[@s.s_sachi]

@Victor Joseph So which language uses Kenia instead of Kenya? Coz Uingereza is Swahili.

[@lusarshameli7057]

What the CEO and the president fail to mention is that the difference between our debt and that of US and Japan is THEY BORROWED IN THEIR LOCAL CURRENCIES. We borrowed in dollars.

[@michaelakiro3510]

very true . the CEO has just said that the debt to GDP ratio for the westerners is quite very high eg USA which are at over 100% but with them they borrowed in their own currencies whereas we are @ 68% but using dollars

[@michaelakiro3510]

@@estherdrixlar3528 thankyou for this contact. I expected it to be yours but the one on the receiving end was equally lovely. Can I kindly have your email address if you don't mind?

[@leotv8303]

U lucky to interview a ceo

[@adifferentperspective2457]

A Kenyan forex trader 3 years now, I don't even care to know what the stock market is doing, it's useless, you can close it all up and the effect on the global economy will be unnoticeable

[@billysquad488]

Which broker do you use

[@patrickmaina715]

Kiherehere

[@ianaruasa3325]

Stupid boy

[@e.jack.47]

On point. Let me subscribe

[@kelvomurithi3330]

Welcome to kenya

[@TheWanderingInvestor]

🇰🇪🇰🇪

[@mwangi6885]

great

[@unlockwithjsr]

I am Kenyan and tbh, the government is the one hindering the growth of the Kenyan stock market, there are many profitable companies in Kenya, and very promising technologies that are yet to get the eye of investors in Kenya. Also, it gets hard for investors, and founders to exit

[@mickyjagah]

I'm really curious. kindly explain how the government hinders the growth of Kenya's economy.

[@raymondkanga]

How is the government hindering investment?

[@nairobinyeusi5811]

@@mickyjagah Through over taxation like we've seen with Sport Pesa and Keroche. The government is basically killing the local capacity and favouring foreign entrepreneurs. More like selling kenya to foreigners

[@antony6799]

@@nairobinyeusi5811 Kenyan taxation isn't even that high compared to most countries in the world, what's hindering growth especially manufacturing is the high cost of power, also foreigners pay way more taxes than locals ,for example corporate tax is 30% for Kenyan companies and 35% for foreign companies

[@jasan1519]

@@antony6799 what do you assume is responsible for the high power cost?.. the countries that i assume you are comparing their taxation with ours are high income countries...overtaxation is restrictng the kenyan economy from growing since the taxes end up financing debt

[@Bryan_Mutai]

Unfortunately the CEO painted too much of a rosy picture. 0 mention on the levels of corruption & political issues. And it’s pretty much just real estate. Either way, great content 👍

[@isaacruncie8269]

Ok! I thought the government was prioritizing it's vote base by investing alot in them now I know that the loans and all the infrastructure is for the good of the country

[@norahkalunda1234]

Not really. Look well. The loans aren't quite proportional to the investment

[@domcharleskariuki8964]

Second time watching your video and I tell you this is just the best and extremely informative vlog. You are so informed of the happenings and again very positive, your attitude is just the best and westerners should borrow your ideas and invest in developing countries.

[@baaxwarrya8681]

Second time I am going to tell ya this.... learn to think for your YOURSELF, this men ain't here to help u or any black people. They will NEVER DO IT. They had 456 years to do it so no!

[@mikeshabaya2041]

What can be done to save the free falling Kenya Airways?

[@peterkamau595]

It's fascinating to see what foreigners think are the measures of success in a country. The microeconomics in kenya are absolutely horrible. The railway is choking Mombasa's economy. The construction on Mombasa road is not feasible and is not required at all. Fraud is rampant. I'd actually say that the debt didn't go to improvement, just to some few pockets. The ease of doing business is only for foreigners. Kenyans are having a hard time opening companies

[@antony6799]

you're ignorant

[@peterkamau595]

@@antony6799 kenya is not for kenyans.

[@usa_kenyan]

Very good discussion! If I'm not mistaken, this Geoffrey Odundo has a brother called James who was a friend of mine when we were both young boys. The family owns a popular pub in Nairobi West, if I'm thinking of the right person.

[@billysquad488]

Yes exactly they inherited the pub from there father

[@usa_kenyan]

@@billysquad488 Thanks for confirming! I knew he looked familiar. Mini Pub is the name of the joint. I dropped by the place a couple of times when I last visited Kenya and had some beers with James. I now even remember meeting Geoffrey once at that same pub. Nice family.

[@Railwaystories]

This was very interesting. Great work 👍 I would love to see something about the ease of banking and running companies

[@TheWanderingInvestor]

I can tell you upfront: not easy 🙂 still very bureaucratic.

[@nightnyungwe5945]

@@TheWanderingInvestor A strong telecommunications sector means that a majority of Kenyans operate outside the banking system at a retail level. Even those with bank accounts prefer to use mobile money.

[@ghaithstrauss]

Most Kenyans use mobile money.

[@suleymanali431]

It is good to invest in Kenya in any way you call it technology industrial you call any investment is welcome Kenya is running and growing but one thing I fear investors not to invest much in Kenya is the government and the rubbish corrupt police I fear Kenyan police they are horrible brutal worse than USA police they can beat you without even doing anything, I would like to invest in this country but until the government gives police discipline of no bribe.

[@cuttingedgeConsistentTraders]

This guy has an idea about developments going on here

[@WA-hornet007]

I find Kenyan country to be more progressive and wanting to do better for themselves. I woudnt mind moving and living in Kenya but I have no ideas about the country itself.

[@lshiglobal]

Just plan for a visit we are very friendly people,we have improving infrastructure, good schools etc

[@jackeed7197]

Tanzania should be a country to maybe look at to. Please try to make a video on that thank you. I am a younger investor living in London and want to invest in Africa.

[@raymondfarlow6059]

Check out his other YT video "Investing in the Stock Market in Africa - with Tim Staermose". That's just what you're looking for about TZ. That fund manager Tim in Dar el-Salam plugged him in to this Kenyan CEO. More info on his website about upcoming zoom call with Tim.

[@jackeed7197]

@@raymondfarlow6059 Thank you so much

[@jkinya128]

Good stuff, just wondering if a Kenyan investor youtuber would be given same kind of hosting

[@tracie1892]

Exactly lol, some people get fast pass treatment cause they are foreigners but he is still very knowledgable so I won’t fault him.

[@suzzyhumphrey8902]

James Kinya, You clearly don't know this Odundo guy and I can guess you don't follow stuff on stock market space. Else you wouldn't say this. Odundo is so generous with info, and I haven't seen any other NSE official educating Kenyans on the stock market like he does

[@faithbwire9164]

What's your kenyan name? Your passion is admirable

[@TheWanderingInvestor]

Feel free to suggest one 🙂

[@mattball7074]

Outside Seychelles or Mauritius, whats the safest country in Africa? Thats badass you got to sit down with him man

[@TheWanderingInvestor]

Nice gentleman. From a safety point of view Namibia, Botswana, Malawi, Rwanda, Togo, Benin, Senegal stand out.

[@mattball7074]

@@TheWanderingInvestor Thats interesting. There's gotta be some value stocks in these countries that are going unseen.

[@muberukajustus6842]

How do I access a certified broker to make any investment for a non Kenyan citizen?

[@TheWanderingInvestor]

The NSE website lists approved brokers.

[@Rightmindset254]

Try genghis capital

[@Lucyaisha]

Please check the nse.co.ke website, check the approved brokers. Do your due diligence.

[@fdamdrmt]

Hi handsome

[@VicMansaMusa]

How can one but these stocks living abroad?

[@TheWanderingInvestor]

Look into the African Lions Fund kzbin.info/www/bejne/iWqkhJepjqqBnck , or open an account with one of the brokers listed on the NSE website

[@lilwakey5709]

First👻

[@TheWanderingInvestor]

👻 yourself 😅

[@derrickantoney]

Get an opportunity to look at Money markets and players like Cytonn Investment.

[@charleskaunda3061]

Which NSE listed firms are ideal for a long term investor?

[@investingwithlawrence.]

@Charles Kaunda there are relatively good companies thats yoy can buy and hold for long term such as Safaricom, Kcb bank, equity and coop banks.

[@charleskaunda3061]

@@investingwithlawrence. Do you think those companies are currently overvalued. They're trading at record highs

[@investingwithlawrence.]

@@charleskaunda3061 I believe only safaricom is overvalued for the banks they still have room for growth therefore they are undervalued in my opinion.

[@charleskaunda3061]

@@investingwithlawrence. Perfect. Thanks for the advice! I'll do some more research & hopefully invest this year

[@investingwithlawrence.]

@@charleskaunda3061 Yes research is very important before investing in any company

[@KKG3388]

The content here is great, good analysis on what is happening on the ground! With the current and future infrastructure projects, It is fair to say we are witnessing the rebirth of a nation in terms of economic, social and political development happening in Kenya! In terms of Debt to GDP ratio: Kenya stands at 55%, this might appear high, however, the devil is in the details - the debt levels of some the developed economies stand at - Japan 234%, Italy 133%, Singapore 109%, USA 106% France 99% etc. We are a developing nation with a young population, abundant access to untapped renewable energy, educated population, multiparty democracy, a diverse growing economy, a somewhat functioning civil service, the best mobile money payment system, possibly in the world, a diverse untapped tourism sector etc - so the fundamentals are looking good for the future unless some low vibration politician fucks up! The images of Kenya, Africa are mostly one dimensional, Pity, Poverty send in the saviour..... Thanks for showcasing the vast opportunities available in Kenya! Asante sana!

[@MahindraSPb]

Free float currency rate....? Hmm, when I see USD/Kes chart I wouldnt say so. Either the chart is liying or this beutiful man...

[@davecash1682]

Am a crypto investor with multiple income streams in the USA...Searching services to help me with CBI,potential residency which is crypto capital agins tax friendly as well as income tax...Like idea of Portugal??Like summers in maybe in Montenegro..Not adverse to renouncement...Sorry I thought your name was Tim...

[@TheWanderingInvestor]

Hi Dave, feel free to reach out to me here: thewanderinginvestor.com/internationalization-and-diversification-consulting/

[@fauziamwanaisha5493]

Hello scrap of interest and see miracles

[@dennismungaikinyanjui9593]

Uhuru is overworking how I wish Kenyans new this.

[@kabzaify]

What's up with your constant negativity on southern Africa, we are most connect region in Africa. Just look our rail, road , air ports and power linkage infrastructure.

[@emmanuelgathara696]

Key word, growth. Investors are looking for growth. No one is investing into Japan as much and they're not worked about it.