Markets
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AfDB approves $10 Million investment in Kenya’s Dhamana Guarantee
The African Development Bank Group (AfDB) has approved a $10 million equity investment in Dhamana Guarantee Company Limited to provide…
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Analyzing the Kenyan Materials Industry: A Week of Ups and Downs
The Kenyan materials industry has experienced a roller coaster ride in the past week, with an overall increase of 6.1%.…
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CBK’s Treasury Bills Auction Surpasses Expectations to Tap Ksh.45.3 Billion
The Central Bank of Kenya (CBK), the principal fiscal agent of the National Treasury, recently held an auction for Ksh.24…
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Investment Schemes Hit Ksh.175.97 Billion Led by CIC with Ksh.59.9 Billion Market Share
In the quarter ended June 2023, the Total Assets Under Management (AUM) by the Collective Investment Schemes (CISes) reached KShs.175.97…
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Kenya’s Economic Challenge: Rising Debt-Service Costs Amid Fiscal Strains
Kenya is grappling with economic challenges that have led the government to contemplate drastic measures to boost revenue collection and…
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Kenya’s $2 Billion Eurobond Now Fully Funded, Says Ndii
The $2 billion Eurobond issued by Kenya is scheduled to mature in June 2024, and according to David Ndii, Chair…
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Global 2023 Sustainable Bond Issuance to Hit $950BN despite Q3 decline
Issuance volumes of Green, Social, Sustainability and Sustainability-linked (GSSS) bonds pulled back sharply in Q3 2023, falling 26% year-over-year to…
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Communication Sector Sees Kenyan Stock Market Down 4.3%
Over the last seven days, the market has dropped 4.3%, driven by a loss of 8.0% in the Communication Services…
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Why Insurance Penetration in Kenya is Still Low
The rate of Insurance penetration in Kenya has remained historically low compared to other major economies, with the insurance penetration…
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Kenya’s Locally Assembled Cars Market Share Up 77.6% in Seven Months
Locally assembled vehicles in Kenya had a market share of 77.6% in the first seven months of 2023 when compared…
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