G
Originally published by Ghafla! (Entertainment)
📰 Read Full Article
entertainment
September 3, 2025
2h ago

Kenya’s Money Market Funds Surge as Investors Seek Shelter from Inflation and High Rates

Kenya’s Money Market Funds Surge as Investors Seek Shelter from Inflation and High Rates

With benchmark interest rates at 13.5% and inflation hovering at 6.8%, Kenyan investors are flocking to money market funds (MMFs) as a safe haven. Fresh data from the Capital Markets Authority (CMA) for September 2025 highlights just how rapidly the sector is expanding. In August..

✨ Key Highlights

Kenyan investors are increasingly turning to Money Market Funds (MMFs) as a safe haven amid high benchmark interest rates of 13.5% and inflation at 6.8%. Data from the Capital Markets Authority (CMA) for September 2025 shows rapid expansion in the sector.

  • Individual MMF investments jumped by 12% in July, according to the Kenya National Bureau of Statistics (KNBS).
  • The Nairobi Securities Exchange (NSE) has seen MMF transactions surge by 20% year-to-date.
  • GulfCap MMF leads with a yield of 13.1%, while CIC MMF is the largest fund by assets, holding KSh 68.4 billion in December 2024.

Continue Reading

Read the complete article from Ghafla! (Entertainment)

📰 Read Full Article