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Top 10 Shares to buy in Kenya

Top 10 Shares to buy in Kenya now. Investing in shares in Kenya is a good idea because it offers a wealth of opportunities for people who want to invest in the stock market. There are many ways to invest in the stock market, but one of the most popular methods is through buying and selling shares.

Shares are simply small portions of a company that you own. If you buy enough shares, then you can have voting rights and influence over how the company operates.

You can also make money by selling your shares at a higher price than you paid for them. This is known as “profit”.

Investing in shares in Kenya can be a great way to build up your wealth over time. However, it can also be very risky, so it’s important to understand what you’re getting yourself into before you make any decisions.

Here are some of the pros and cons of investing in shares:

Pros:

You can invest a relatively small amount of money and get a decent return on your investment.

Stock market returns are usually higher than interest on savings accounts or fixed deposits.

Stocks are more liquid than other investments – they are easy to sell quickly if you need the money or if there is an opportunity elsewhere.

You don’t have to worry about inflation eroding your savings – because inflation tends to be higher than interest rates, if you keep your money in a bank account, then you will lose money over time due to inflation. But with stocks, inflation is usually not an issue since companies often raise prices based on their costs (rather than based on how much prices have gone up), so their profits may not necessarily be eroded by inflation at all.

Top 10 Shares to buy in Kenya

  1. Safaricom PLC

Safaricom PLC is a Kenyan based multinational telecommunications services company with headquarters in Nairobi, Kenya. It is the largest mobile network operator in the country and its main competitors are Airtel Kenya and Orange Kenya.

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Safaricom PLC is the best investment option for long-term investors looking to tap into Kenya’s growing middle class. The stock is currently trading at Ksh31 per share.

  1. Equity Bank Ltd

Equity Bank Ltd is the second largest bank by assets in Kenya and has a market capitalization of Ksh over 5 Trillion. The bank offers retail banking services through its branches and ATMs as well as wholesale banking services through its subsidiaries and affiliates. Equity Bank Ltd is an excellent long-term investment option for those looking to invest in banking stocks in Kenya.

  1. Kenya Commercial Bank Group PLC

KC Bank Group PLC is the parent company of the Kenya Commercial Bank (KCB) Group, which is one of the largest financial services groups in East Africa. KCB has a presence in more than 40 countries worldwide, with branches in 16 countries across Africa and the Middle East. The bank offers a variety of banking products and services including savings accounts, loans and deposits. KCB has over 6 million customers globally, with over 2 million customers in Kenya alone.

KCB is the largest bank in Kenya by assets, deposits and customer base. It has a market share of 42% of all bank accounts opened in Kenya at the end of December 2017. The bank operates through its network of over 400 branches including those located in the United States, UK, South Africa and UAE. KCB also has subsidiaries that offer insurance services, private equity funds and treasury management solutions among others.

  1. Kenya Reinsurance Corporation

The Kenya Reinsurance Corporation (Kenya RE), formerly known as the Kenya Insurance Regulatory Authority, is a government-owned corporation that regulates and supervises the insurance industry in Kenya. It is an agency of the Ministry of Finance and National Planning, but its shares are listed on the Nairobi Securities Exchange under the symbol Kenya RE.

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One of the best companies to invest in is Kenya Re which offers you great returns. It also provides a dividend yield of over 10%.

  1. Kakuzi PLC

Kakuzi PLC is a leading Kenyan company in the food processing, manufacturing and distribution industry. Kakuzi operates across the processing, manufacturing and distribution of food and beverages. The company has a significant presence in the dairy products market, with brands such as Zico, Planet Milk and Nido. The company has been paying dividends since 2008, making it suitable for any portfolio.

Kakuzi is also a leading producer of animal feeds, with brands such as Kuku Farmland feeds (for livestock), Nutri-Max (for poultry) and Nutri-Max Piglet (for piglets).

The company also has interests in real estate development, through its subsidiary Kakuzi Land Ltd., which has developed several residential estates in Nairobi.

  1. Unilever Kenya PLC

Unilever Kenya PLC is one of the leading companies in Kenya. It produces a wide range of products, including washing powders, detergents, soaps and toiletries.

Unilever is one of the best companies to invest in Kenya because it offers high dividends and steady growth over the long term. The company pays an annual dividend of over 10% which is distributed to shareholders at the end of each year. This means that investors can benefit from regular payments from their investment without having to sell their shares or wait for them to appreciate in value.

In addition, Unilever’s profits are growing steadily as it expands its product range into new markets and increases its market share through advertising campaigns and improved distribution channels. This makes it an attractive investment for long-term investors who want steady income from their investments combined with capital appreciation over time.

  1. KenGen

KenGen is the largest power utility in Kenya. It generates, distributes and sells electric power to both wholesale and retail customers.

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The company’s operations are divided into two key segments: generation and distribution. The generation segment includes thermal power plants, hydroelectric plants and geothermal plants. The distribution segment includes transmission lines, substations and transformers.

KenGen has been listed on the Nairobi Securities Exchange (NSE) since 1989. It is one of the best performing companies you can buy shares from

  1. Bamburi Cement PLC

Bamburi Cement PLC is a leading manufacturer and supplier of building materials in Kenya. It has been in business since 1985, and its products are used across the country.

The company’s revenue increased from Ksh12 billion in 2014 to Ksh17 billion in 2015, while earnings per share rose from Ksh0.93 to Ksh1.35 over the same period due to strong demand for cement across East Africa as well as cost cutting measures implemented by management following lower revenue forecasts due to low commodity prices during 2015/2016 fiscal year. Bamburi Cement is also listed on the Nairobi Securities Exchange (NSE),

  1. East Africa Breweries Ltd (EABL)

East Africa Breweries Ltd (EABL) is a leading brewing company in East Africa. It has been in operation for many years and has grown to be the largest brewery in Kenya.

East African Breweries Limited (EABL) is a large-scale manufacturing company in the production of beers, wines, spirits and non-alcoholic beverages. It is one of the leading companies in Kenya’s economy, with an annual turnover of over Kshs. 5 billion.

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  1. Jubilee Holdings PLC

Jubilee Holdings Plc is a diversified conglomerate offering products and services in the financial, consumer and industrial sectors. The company’s businesses include the banking, insurance, consumer finance, real estate and agribusiness sectors.

The company pays a dividend of about 8.9%, making it one of Kenya’s best investments. It has been paying dividends every year since 2013, and there’s no doubt that this will continue in the future.


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