Markets
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U.K Gives Kenya Ksh.82 Million for Green Infrastructure Projects
The United Kingdom has announced a Ksh.82 million cash for Kenya. The funds will go into green infrastructure projects –…
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Kenya Sees Increased Lending to Private Sector at 13.9% Despite Hiked Rates
Kenya’s commercial banks saw a notable increase in credit to the private sector, which grew by 13.9% to reach Ksh..4,078.1…
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Report Reveals What CEOs Plan to Do Should Finance Bill 2024 Become Law
As the Finance Bill 2024 entered the final stage of public participation Monday, the Central Bank of Kenya (CBK) published…
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Factors to Consider Before Investing in a Holiday Home
By Superior Homes Kenya Head of Sales, Clive Ndege In recent years, there has been a surge in self-catering holidays…
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Bank of Uganda Retains Benchmark Rate at 10.25% after MPC Meeting
The Bank of Uganda (BoU) has retained its benchmark Rate (CBR) at 10.25 percent, marking the second consecutive monetary policy…
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Shilling Ends May at 2.2% High Against Dollar to 130 Units
The Kenya Shilling has demonstrated resilience once again against the U.S. dollar and is retailing at 2.2% higher in the…
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Treasury Seeks Ksh.60 Billion from Domestic Market with Reopened Treasury Bond
The Central Bank of Kenya (CBK) is in search of funds to support the current budget and has floated a…
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Africa’s GDP Shrunk to 3.1% in 2023, says AfDB
Africa’s economic growth experienced a decline in 2023, as reported by the African Development Bank (AfDB) in its African Economic…
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Car Batteries to Cost Ksh.9,000 More in Finance Bill 2024
Kenyan motorists are staring at a possible surge in accessory prices, heralded by some proposals in the Finance Bill, 2024…
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Oil Prices Hike After Iran’s President Raisi Dies in Helicopter Crash
Prices of crude oil began the week with a gain following the news that a helicopter with Iran’s president on…
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