Lawrence Baraza
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Markets
Kenya Eurobonds: What we know so far
In the week to August 19, the yields on Eurobonds were on an upward trajectory, with the yield on the…
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Currencies
More pain as Shilling value falls 0.4% against US Dollar
The Kenya Shilling depreciated by 0.4% against the US dollar to close the week at Ksh.144.2 from Ksh.143.6 recorded the…
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Markets
T-Bills oversubscribed for second week as investors opt for a 91-day shorter paper
The Treasury Bills (T-Bills) were oversubscribed for the second week, with the subscription rate coming in at 186.2%, albeit lower…
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Commodities
IMF throws its weight behind Ruto’s fuel stabilisation mechanism
President William Ruto’s fuel stabilisation mechanism received weighty support Friday amidst confusion about the return of fuel subsidy programme. Speaking…
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Credit Report
Metropol Launches Second Economic Forecast Report
Business information and credit management company Metropol has downgraded the country’s economic growth prospects for the year 2023 to 4.6…
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Currencies
African currencies under pressure on continued higher US interest rates
Weaker currencies make the fight to curb inflation harder given that majority of African countries dependend on imports Since the…
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Corporate
Peter Njenga appointed KenGen Managing Director
Kenya Power General Manager in charge of Infrastructure Development – Eng. Peter Njenga, has been appointed the new Managing Director…
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Videos
Ruto says risk profiling locking Africa out of credit access
President William Ruto said derisking Africa will foster better relations between the public and private sectors for the common good.…
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Commodities
Kenya’s rice import value up Ksh.142.5bn in 5 years
The volume of rice imported into Kenya has been on an upward trajectory for five years to 2022. In 2018…
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Credit Rating
Ruto slams rating firms for profiling Africa as risky investment destination
President William Ruto slammed global rating firms over their continued profiling of Africa, saying reforms in the international financial system…
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