Lawrence Baraza
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Markets
Equities turnover dips by 72% to Ksh.464.4 million
The equities market was on a downward trajectory in one week to August 25, with NASI, NSE 20, and NSE…
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Finance
New Higher Education Financing Model: What you need to know about Eligibility and Application Procedure
As 2022 KCSE students prepare to join various higher education institutions, the Government has unveiled a new funding model that…
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Corporate
Family Bank doubles investment to provide technical skills training for 2000 youth
Over 2000 youth are set to benefit from technical and vocational training in construction through an additional Ksh.60 million investment…
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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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