#Nairobi Securities Exchange

Safaricom PLC reported a strong financial performance for the fiscal year ending March 2026, highlighting its status as a leading company on the Nairobi Securities Exchange. The Group achieved higher revenue, improved profitability, and stronger returns for shareholders, driven by growth in Kenya's mobile data and M-Pesa services, along with positive developments in other areas.

The Nairobi Securities Exchange (NSE) has appointed Tom Mulwa as its new chairman, succeeding Kiprono Kittony, who has stepped down after six years. Mulwa, a financial services executive, will lead the exchange as it implements reforms aimed at attracting more companies, expanding retail investing, and enhancing capital formation in Kenya.

On June 30, 2026, Vodacom Group of South Africa finalized the acquisition of a 15 percent stake in Safaricom Plc, marking the largest transaction in the history of the Nairobi Securities Exchange. This deal has raised concerns as it is reported that KES 437 billion was left unclaimed, and the CEO of Safaricom has remained silent throughout the process, according to Kenya Insights.

On June 30, 2026, Vodacom Group finalized its acquisition of a 15 percent stake in Safaricom Plc, marking the largest transaction in the history of the Nairobi Securities Exchange. This deal concluded despite efforts from courts and petitioners to delay it, raising concerns among the public regarding the implications of the sale and the lack of communication from Safaricom's CEO.

Family Bank has officially joined the Nairobi Securities Exchange (NSE) as of June 23, 2026, through a listing by introduction at a reference price of Sh18 per share. This move has brought to light longstanding questions regarding ownership concentration, governance expectations, and shareholder liquidity for one of Kenya's longest-traded over-the-counter banking stocks, according to TechTrends KE.