Kenya abandons Eurobond plan in change of funding strategy Rhema Nov 29, 2023 Kenya has dropped plans to tap international capital markets this fiscal year due to the high cost of dollar debt,…
Kenya to privatise 35 state companies Rhema Nov 24, 2023 The Kenyan president has said his government is ready to privatise 35 state-owned companies which he said…
Standard Chartered slashes Kenya Government debt as… Rhema Nov 23, 2023 Standard Chartered Bank Kenya Ltd. shrunk its holdings of the East African nation’s government securities by 52% at…
World Bank projects $12bn disbursements to Kenya Rhema Nov 21, 2023 The World Bank predicted on Monday that it will provide $12 billion in aid to Kenya over the following…
World Bank expects Kenya to receive $12 billion aid over the… Rhema Nov 20, 2023 The World Bank said Monday it expects to provide 12 billion U.S. dollars in support for Kenya in the next three…
Investors experience some good luck based on the… Rhema Nov 15, 2023 The depreciation of the Kenyan shilling increases the value of returns on foreign currency assets,…
GhIPSS CEO, GhanaPay pick laurels at Digital Economy Awards… Rhema Nov 13, 2023 The CEO of Ghana Interbank Payments and Settlements Systems (GhIPSS), Archie Hesse and Ghana’s banking-sector…
Kenya stock bulls still rare as investors resist low… Rhema Nov 9, 2023 Kenyan stocks are finding it hard to shake off their unwanted status as the world’s worst performers this year.…
Kenya’s currency falls after Fitch warning Rhema Nov 8, 2023 Kenya’s currency weakened by the most in four months after Fitch Ratings said it may downgrade the nation’s credit…
Kenyan adviser says IMF to expand loan facilities by $650m Rhema Nov 7, 2023 The International Monetary Fund has agreed to significantly expand financial support for Kenya, President…
Kenya opens local smartphone assembly plant Rhema Oct 31, 2023 The East Africa Device Assembly Kenya Limited (EADAK) was unveiled by President William Ruto and is a joint venture…