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Safaricom, EABL corporate bonds fail to spark secondary debt trading
Safaricom PLC headquarters (left) in Westlands, Nairobi and workers at the East African Breweries (EABL) Microbrewery off Thika Road on January 26, 2024.
The trading of corporate bonds at the Nairobi Securities Exchange (NSE) has remained dismal despite new major issuances by Safaricom and EABL in 2025.
Total corporate bond turnover last year rose to Sh840 million from a meagre Sh40,000 in 2024 but remains well below highs of up to Sh12.47 billion in 2010, according to data from the Capital Markets Authority (CMA).
