The initial buzz around the Kenya Pipeline Company's (KPC) initial public offer has faded, and the stock is now officially trading on the Nairobi Securities Exchange. But behind the scenes, the first IPO in over a decade revealed a changing investor landscape. Rina Hicks, Operations Director at Faida Investment Bank, the lead adviser to the KPC offer, joins Make Money to dissect the offering. We explore the signals of retail investor apathy, emerging opportunities in the secondary market and what this means for future deals.Make Money, a podcast series hosted by Kepha Muiruri, from Business Daily Africa, unravels ways to be financially savvy. Get practical tips and advice on how to increase your income, build wealth, and achieve financial freedom in Kenya. Whether you’re just starting out or a seasoned investor, we’ve got something for everyone.Listen here:Season 6Rating KPC’s IPO: Is the Sh9 share price a good deal for you? - Episode 1How shares trading was built on M-Pesa - Episode 2Bitcoin’s latest crash: correction or death spiral? - Episode 3The golden hedge: Navigating global volatility from the NSE - Episode 4Beyond the money market: Is the pivot to special funds worth the risk? - Episode 5Trading vs buy-and-hold: Where are stock investors leaving money? - Episode 6Season 5Inside the Sh600bn money markets fund growth - Episode 1 Why more Kenyans are taking their money offshore - Episode 2The low-interest playbook: Where to invest your money now - Episode 3The bonds ladder: How to get a monthly pay cheque - Episode 4The hidden cost of investing: How to stop fees from eating your returns - Episode 5The financial supermarket: Can your bank do it all? - Episode 6NSE rally: Is it too late to invest? - Episode 7Stocks 101: Your guide to opening a CDS account and making your first trade - Episode 8 Can AI replace your financial advisor? - Episode 9Bubble or Boom? Decoding the AI-fuelled market frenzy - Episode 10Black November: How to find investment bargains - Episode 11The 2025 investment scorecard: Where did Kenyan investors win? - Episode 12Season 4Episode 1: The allure of infrastructure bondsEpisode 2: Maximising the dividend earning seasonEpisode 3: Minting generational wealthEpisode 4: Is the MMF party over?Episode 5: Is your money safe in Saccos?Episode 6: Insurance: Investment or Illusion?Episode 7: Why Kenyans are going into businessEpisode 8: Willy Kimani’s leap: Business insights from corporate to entrepreneurshipSeason 3Episode 1: Government bonds: Risk-free or low risk?Episode 2: MMFs: Who really needs a fund manager?Episode 3: How to protect your investments as interest rates fallEpisode 4: Is the stock market still a way make to money?Episode 5: Does it still make sense to buy dollars?Episode 6: How time directly impacts your investmentsEpisode 7: Hacking home ownershipEpisode 8: Money matters: To bank or not to bank?Episode 9: Trading 101: Separating wheat from chaffEpisode 10: What music can teach us about moneySeason 2Episode 1: Redefining your money goalsEpisode 2: Making money work for youEpisode 3: Where to make money in 2024Episode 4: Make your side hustles worthwhileEpisode 5: Loan and Behold: The art and science of borrowingEpisode 6: Career driven - Triumph at your jobEpisode 7: Better Together - The Power of Group InvestingEpisode 8: Make your networks shape your net worthEpisode 9: Buy now, Pay later - The A to Z of consumer creditEpisode 10: What would you do if you had Sh500,000?Season 1Episode 1: Financial fitness – walk before you can runEpisode 2: Myths about investing Episode 3: Baby steps…Little is moreEpisode 4: A cheque from governmentEpisode 5: NSE - Taking stock of the marketEpisode 6: Going offshore – cast your bread in many watersEpisode 7: Kenya’s black goldEpisode 8: Investor’s edge - SaccosEpisode 9: How wife’s wake-up call led Ken to make more money
Inside the KPC IPO: What investors learnt
Rina Hicks, Operations Director at Faida Investment Bank, the lead adviser to the KPC offer, joins Make Money to dissect the offering.






