Kuda is a seasoned Equity Research Analyst with over 14 years’ experience analysing and marketing listed African equities, especially across Breweries, FMCG and TMT sectors.

Before coming to head Kela Securities’ equity research department, Kuda was at Investec Securities, where he was the lead analyst on Sub Sahara African (SSA) Breweries and Telecoms, including fintech and tower leasing companies. He achieved a Tier 1 rating as a Telecoms analyst and was also instrumental in securing Investec Securities’ participation on both Helios Towers Nigeria and IHS Towers IPO efforts.

Prior to that Kuda was with Imara SP Reid’s African securities team, achieving Top 5 rankings for coverage of SSA Breweries and FMCG sectors in the 2014 Euromoney Africa Survey for Best Research Houses in SSA. Before that Kuda was at Securities Africa Ltd and then LiquidAfrica (Pty) Ltd, both pioneering pan-African stockbrokers.

Having achieved top ratings across several sectors, and from both local and foreign institutional investors, Kuda brings a wealth of experience, relationships and quality to Kela Securities’ research offering. Kuda holds a B.Soc.Sci Politics, Philosophy & Economics and B.Com (Honours) in Financial Analysis and Portfolio Management, both from the University of Cape Town.