Titus Kimeli, CPA

Certified Public Accountant & Financial Advisor at ICEA LION

[Titus Kimeli, CPA @titus_meli]

Daily Nation Pg 45 To my amazing clients in Kenya and Abroad, I am incredibly grateful for your continued support and loyalty! Your trust in ICEA LION GROUP means the world to us. I am especially thankful for enabling me to feature in Association of Kenya Insurers Awards 2024.

[Abojani Investment 🇰🇪🇺🇬🇹🇿 @TheAbojani]

Budgeting rule for salaried people:

50% of your net salary = Needs including rent, transport, food, utilities...

30% = Wants and self development including career advancement, black tax if you do, enjoyment, tithe..

20% = Saving & Investing including your MMF, Sacco, stocks

The 20% is the most important portion and works well with discipline and consistency.

[Titus Kimeli, CPA @titus_meli]

@Nikita_Kering @crazy_kennar You aced it

[Mihr Thakar @MihrThakar]

20 useful accounts to follow:

1. @beth_kasinga - Diaspora living from a dynasty perspective

2. @SokoAnalyst - Market analysis

3. @TheAbojani - Banking sector

4. @cheruiyotkb - Personal finance

5. @CaremartChemist - Medical/pharmaceutical

6. @Bookten8 - Lifestyle

7. @WilexGmbH - Automotive

8. @aziz_mire - Business

9. @carrington_fx - Forex rates

10. @Kibet_bull - Politics

11. @africaupdates - African news

12. @Theo_mwangi - Crypto

13. @nderi_j - Economics

14. @ZeddyBariti - Travel content

15. @MeteoKenya - Weather updates Kenya

16. @mcpipita - Radio and conversations

17. @NyakundiReport - Latest news

18. @mnandii - One of the best technical analysts in Kenya

19. @CJ_Haslett - Africa from the Beach

20. @NjokiOdongo - Coffee

[Titus Kimeli, CPA @titus_meli]

Financial literacy 🔥
@ICEALION

[Abojani Investment 🇰🇪🇺🇬🇹🇿 @TheAbojani]

If you invest Ksh 5,000 per month into a junior MMF account for your son or daughter, assuming a 10% annual return, you could have about Ksh 3 million by the time they turn 18.

They could use that money to spend a few years travelling the world, experiencing different cultures, trying new foods, and meeting people with completely different perspectives. Phil Knight got the idea for Nike after a trip to Japan.

Or they could start a small business, pay for further education, or continue growing the investment portfolio.

Open a Junior MMF account & start building your child’s financial future today: https://t.co/n6gv4rldfk

[Rohit @heyrohitai]

INSTEAD OF WATCHING AN HOUR OF NETFLIX TONIGHT.

This 1 hour Stanford lecture by Joel Peterson will teach you more about negotiation and getting what you want than most people learn in years.

Bookmark it and give it an hour, no matter what.

[Moe @moneyacademyKE]

Co-op Bank shares have reached a new all-time high, trading at Sh36 per share for the first time in the bank’s history.

This has pushed its market valuation to Sh200 billion, setting a new record for the bank.

[GISTE @ggiste]

THIS MIGHT HELP SOMEONE.

WHERE TO BUY THINGS AT A BARGAIN IN NAIROBI
1. Cereals – Get them in Nyamakima in that kichochoro for Molo matatus. Groundnuts from the market cost Sh190 per kilo, but at Nyamakima they are Sh110. You can also get apples and other fruits at a good price.

2. Diapers and bar soap – OTC. The kichochoro between Quickmart and Equity.

3. Chemicals for homemade detergent, bleach, fabric softener, disinfectant – OTC, the building with quickmart, go upstairs, first floor. They will even explain how to mix them.

4. Bulk shopping – If you can manage to go to Kawangware or Eastleigh, you will save a lot. In Kawangware, go to Samwest in the market. Alight at Mlango Soko, then at Cooperative Bank, go down and turn at the first right turn, walk about 20 metres and you will find Samwest. Go with a list, they will give you the prices. If you are buying things for a shop, they deliver. Alternatively, you can turn left and walk a bit for like 100 metres where you will find many wholesale shops including FairPrice. Also look out for Israel. In Eastleigh, as you walk towards the Catholic Church or if you are coming from Pangani, just after you take the right turn to enter Eastleigh, you will see the Marie Stopes sign board, the shops start there. If you are an uptown girl, on the upper side of Biashara Street just before you join Koinange Street there is a Muhindi shop that sells groceries at wholesale prices. It’s opposite Yala Towers. He also has storage and garbage bags at a good price.

5. Beauty products and jewellery – Perida Centre, Dubois Road, and basically Dubois Road.

6. Vegetables – Marikiti and Gikomba. Bunch of spinach @ Sh15, bunch of sukuma wiki @Sh10, terere @15, cabbages @20, 6 tomatoes @10, onions @ 1 bob, 4 maize cobs @20, etc, especially outside Marikiti.

7. Vegetables for those who live in Eastlands – Go to Korongosho market early on Wednesday or Saturday mornings. It is at the Dandora, Kariobangi roundabout. Buy carrots, peas, potatoes and onions from the lorries; it is cheaper than inside the market.

8. Meat – Ndonyo Market Dagoretti for Sh280 a kilo. Burma Sh200 to Sh250 a kilo.

9. Fish and chicken kienyeji – Gikomba. When you get to Gikomba, ask for the place where fish is sold. It’s a whole building opposite where newborn clothes are sold. It’s on the right as you walk towards the market.

10. Fish – Alpha Foods, Road A, Enterprise Road, you’ll get 40 pieces of tilapia @Sh1700. They close by 4pm. The boda boda guys can direct you.

11. Wine/alcohol – Opposite Kensilver matatus on Dubois Road, there is a club with better prices than Mwalimu on Mfangano Street. Also check Accra Road where the 2NK matatus are in the hawkers market building, go to 3rd floor there are many wholesale shops there.

12. Utensils – Kamukunji. Kamukunji is those sides as you head towards Machakos Bus Station.

13. Prescribed medication – Try Transchem next to the bike shop above or the Transchem ooposite Afya Centre. There is also another chemist near the number 4 matatus, where the hardware shops are. Sinai Chemist at the Nairobi Textiles building is cheaper than Transchem. It is at the intersection where the Kenya Mpya buses queue, opposite a building under construction, surrounded by iron sheets (mabati). Accra Road also has a stretch of affordable chemists.

14. Panties and bras – At the junction of Accra Road and River Road, directly opposite Kobil Petrol Station, there is a small corridor where panties and bras are sold. The quality is better than Kamukunji and cheaper than Mombasa Rest House on River Road. You can also buy kids’ vests, bikers, boob tops and tummy trimmers there.

14. Panties and bras – At the junction of Accra Road and River Road, directly opposite Kobil Petrol Station, there is a small corridor where panties and bras are sold. The quality is better than Kamukunji and cheaper than Mombasa Rest House on River Road. You can also buy kids’ vests, bikers, boob tops and tummy trimmers there.

[Moe @moneyacademyKE]

Kiprono Kittony exits as NSE chairman after six years and is now set to be the chairman of Kenya Airways.

[Titus Kimeli, CPA @titus_meli]

Hy https://t.co/wQ2TaOlKpp

[cheruiyotkb @cheruiyotkb]

buying things that you don't need,

getting things that you don't want,

financing things that don't finance you,

showing off to people that you don't like,

are some of the fastest ways to go broke.

[Lion of the Mountain @BrianMPeter]

These are the Top 5 Richest People in NSE.

1. Philip Ndegwa family
Portfolio value: $180.80 million (KSh23.3 billion)
Holdings: 14.94% stake in NCBA Group

2. Mama Ngina Kenyatta & family
Portfolio value: $159.75 million (Ksh.20.5 billion)
Holdings: 13.2% stake in NCBA Group

3. Zarin Merali and family
Portfolio value: $89.97 million (Ksh.11.6 billion)
Holdings: 5.41% stake in NCBA Group; 74% stake in Sameer Africa

4. James Mwangi
Portfolio value: $67.62 million (Ksh.8.7 billion)
Holdings: 3.39% stake in Equity Group Holdings

5. Baloobhai Patel
Portfolio value: $66.87 million (Ksh.8.6 billion)
Holdings: 49.9% stake in Carbacid Kenya; 1.7% of Co-operative Bank, 1.2% of Absa Bank Kenya, 0.5% of CIC Insurance Group

[Market Cap Trainers @NSE_Investors]

How to Actually Analyze a Stock on the NSE (Step-by-Step Beginner Guide)

Understanding terminology is step one.
Knowing how to use it is step two.

If you’re investing at the Nairobi Securities Exchange, here’s a simple framework to evaluate any listed company.

# Step 1️⃣: Understand the Business First (Not the Chart)

Before numbers, ask:

* What does the company sell?
* Who are its customers?
* Is demand growing?
* Is it regulated?

For example:

* Banks → sensitive to interest rates & CBK policy
* Telcos → sensitive to data usage & competition
* Manufacturers → sensitive to fuel prices & FX

If you don’t understand how it makes money, don’t buy it.

# Step 2️⃣: Check Revenue Trend (Growth Direction)

Look at 3–5 years of revenue.

Ask:

* Is revenue growing consistently?
* Is growth stable or volatile?
* Is it seasonal?

Stable revenue = predictable business.
Unstable revenue = higher risk.

# Step 3️⃣: Check Profitability (Not Just Revenue)

A company can grow revenue but still struggle.

Look at:

* Profit After Tax (PAT)
* Profit margins
* EPS (Earnings Per Share)

If revenue rises but profits fall → costs are rising.

# Step 4️⃣: Look at Cash Flow (Very Important on NSE)

Many beginners ignore this.

Focus on:

* Operating Cash Flow (OCF)
* Free Cash Flow (FCF)

Positive free cash flow means:

* Dividends are sustainable
* Debt can be repaid
* Expansion is possible

Profits can be manipulated.
Cash is harder to fake.

# Step 5️⃣: Check Debt Levels

Use these questions:

* Is debt rising?
* Can operating profit comfortably cover interest payments?
* Is the company over-leveraged?

In rising interest rate environments, high debt = higher risk.

# Step 6️⃣: Compare Valuation

Now check:

* P/E ratio
* Dividend yield
* Price-to-Book (especially for banks)

Then compare:

* Against historical average
* Against competitors in the same sector

Cheap doesn’t always mean undervalued.
Sometimes it means the market sees risk.

# Step 7️⃣: Understand Market Liquidity

On the NSE, liquidity varies significantly.

Ask:

* Is there daily trading volume?
* Is the bid-ask spread wide?
* Can I exit easily?

Low liquidity = harder to sell in panic.

# Step 8️⃣: Consider Macroeconomic Factors

Kenyan stocks are influenced by:

* Interest rates (via Central Bank of Kenya policy)
* Inflation trends
* Fuel prices
* Exchange rate movements
* Foreign investor participation

Remember:
The NSE is still heavily influenced by foreign flows.

# Step 9️⃣: Decide Your Strategy

Are you:

* Dividend-focused?
* Growth-focused?
* Value investor?
* Short-term trader?

Your strategy determines:

* Which stocks you choose
* How long you hold
* How you react to volatility

# Step 🔟: Risk Management (Non-Negotiable)

Never:

* Put all capital in one stock
* Trade emotionally
* Chase price spikes

Always:

* Diversify
* Allocate capital intentionally
* Have an exit plan

# Common Beginner Mistakes on the NSE

❌ Buying because “it’s trending”
❌ Ignoring financial statements
❌ Overconcentration in one sector (e.g., only banks)
❌ Confusing low price with cheap valuation

[School Of Great Men @SchoolOfGr8Men]

Peak male life experiences;

1. First heartbreak

2. First great sex

3. Watching someone you helped hit a big win

4. Ending imposter syndrome

5. Finally understanding your Father

6. Owning your first car

7. Owning your first real estate property

8. Someone calling you “sir” and realizing they mean it with respect

9. Fixing something with your hands that once intimidated you

10. Sitting in silence after a major win, realizing you don’t need to prove anything anymore

11. A younger man seeking your advice and recognizing yourself in him.

12. Accepting the man in the mirror

13. Randomly realizing this is the woman you will marry

14. Becoming successful with your childhood friends

15. Sports team winning a title

16. Watching your kid grow

17. Giving back to your parents

What else would you add?

[Titus Kimeli, CPA @titus_meli]

Financial literacy is not for the wealthy alone. It’s for anyone who handles money, even if it’s small. In fact, the earlier you learn, the less expensive your mistakes will be.

[Abojani Investment 🇰🇪🇺🇬🇹🇿 @TheAbojani]

Must-Watch Movies/Documentaries for Every Stock Market Enthusiast
- Black Wednesday
- Wolf of Wall Street
- Capitalism; a love story
- Too Big To Fail
- Other People’s Money
- The Rogue Trader
- Boiler Room
- Floored
- Chasing Madoff
- Wall Street: Money Never Sleeps
- Billions
- Baazaar
- Inside Job
- Enron: The Smartest Guys in the Room
- Dumb Money
- The Wizard of Lies

[David Ndii @DavidNdii]

The SRC power is limited to setting compensation of State Officers wich is ~ 5% of public wage bill. For the rest, it can only recommend. Total wage bill is driven by collective bargaining agreements. Is the court suggesting curbing of union power?

[Onyango Okello Oloo. @calvinokello4]

Rigathi Gachagua is not interested in demonstrations; he is interested in making himself untouchable.

President Uhuru Kenyatta had the power to finish Ruto politically but lacked the ability to do so. Why? Because Ruto was untouchable. Touch Ruto and see Kalenjins rise up violently.

Raila Odinga did even worse. He committed treason by swearing himself in as president, yet instead of being thrown in jail, he was rewarded with a handshake. Why? Because Raila was untouchable. Touch him and the country burns.

Political leaders who command such followings become difficult to act against without risking instability

Gachagua now wants to start demonstrations, and in the fullness of time, he hopes to have people take to the streets on his behalf. In this way, Gachagua becomes immune to political persecution. He becomes a matter of national interest such that before the government sends police to his rallies, it must think twice.

Gachagua was impeached and nothing happened. He is bullied every now and then, and still nothing happens. He is tired and wants to create a suicidal following people who are ready to die for him.

Considering the region he comes from, this will be an uphill task. Not impossible, but very difficult.

[Moe @moneyacademyKE]

Uber has officially ended its services in Tanzania as of January 30, 2026, after nearly a decade, due to strict regulations and tough competition in the ride-hailing market.

[Moe @moneyacademyKE]

Kenya is officially the world’s most active social media nation, according to a report by Players Time

Average Kenyan spends 5 hours 10 minutes online daily—more than the US & China