Stamp duty hits low-value stock market transactions

Theo Capital Holdings Co-founder and Chairman Eric Ruenji delivers a speech during a past event on October 6, 2025 at JW Marriott in Nairobi.

Photo credit: File | Nation Media Group

Low-value transactions on the Nairobi bourse including single share trading have been made expensive by the Sh2 stamp duty charge, hurting small investors.

The stamp duty –charged for every Sh10,000— has pushed fees as a share of total transactions to more than seven percent on small value transactions with those under Sh100 being the hardest hit.

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Note: The results are not exact but very close to the actual.