Markets
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T-Bills subscription up 667% to Ksh.26.7 billion for first time in four weeks
In last week’s Central Bank of Kenya (CBK) data, Treasury Bills (T-Bills) were oversubscribed for the first time in four…
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Metropol: High inflationary pressure looming from Q3 on new taxes, levies [Video]
The inflation rate in Kenya remained at 9.2% through the first quarter of 2023, even after four successive interest rate…
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Rating firm GCR assigns Shelter Afrique positive outlook
South African rating agency GCR has assigned a positive outlook to Shelter Afrique on expectations of a return to profitability…
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Businesses brace for rising finance costs as CBK raises key rate to 10.5%
Businesses are bracing for higher financing costs after CBK raised the key policy rate to 10.5% from 9.5% on Monday,…
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Investors continue to shun 182, 364-days T-Bills despite hiked rates
Investors continued to shun the 182-day and 364-day Treasury Bills (T-Bills) last week, maintaining a trend that has persisted since…
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Treasury raises Ksh.18.5 billion in tap sales on 3-year bond
Treasury raised Ksh.18.522 billion at 14.23% interest for budgetary support in last week’s tap sales of the 3-year bond which…
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Treasury announces Ksh.15 billion tap sale on a 3-year bond
The National Treasury has put on offer a tap sales on a three-year bond, seeking to raise Ksh.15 billion. The…
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Crude duties to cost edible oils sector more
Kenya’s Ministry of Investment, Trade & Industrialisation Cabinet Secretary Moses Kuria has added fireworks to the unfolding edible oils importation…
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Private Sector at crossroads as govt borrows Ksh.213.4 billion within week
Last week, the government borrowed a massive Ksh.213.4 billion in a seven-year bond, at 15.84%, setting tongues wrangling. Initially offered…
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CBK retains benchmark lending rate at 9.5%
The Central Bank of Kenya (CBK) has retained the benchmark lending rate at 9.5 percent following its Monetary Policy Committee…
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