Markets
-
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…
Read More » -
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…
Read More » -
Kenya becomes regional hub for BAT in East, Southern Africa markets
As part of the BAT Group’s business transformation agenda, BAT’s regional office in Kenya has expanded its market scope to…
Read More » -
Investors avoid duration risk in T-Bills as subscription rate hits 110% to Ksh.19 billion
Based on market analysis for the past week, Treasury Bills were oversubscribed, with the overall subscription rate at 110.7%, up…
Read More » -
Kenya’s listed banks have a combined Ksh.6.5 trillion total assets with KCB taking lead
Kenya only has ten banks that are listed on the Nairobi Securities Exchange (NSE) out of a larger 42 lenders…
Read More » -
Kenya’s Forex reserves up 2.4% to Ksh.884.2 bn as it struggles to attain threshold
Kenya’s foreign exchange reserves posted an improved performance from the previous week to Ksh.884.2 billion, according to the latest data…
Read More » -
Financial performance analysis of NSE-listed banks in 2022 and key factors that shaped performance
Following the release of the FY’2022 results by the Nairobi Securities Exchange (NSE) listed banks, we performed an analysis on…
Read More » -
Investors avoid Kenya’s Treasury Bond to raise merely Ksh.1.7 billion
The National Treasury re-opened a three-year and a fifteen-year Treasury Bond for auction which saw investors in a seemingly tight-liquidity…
Read More » -
Kenya Shilling drops by 0.8% with retained below average months of import cover
The Kenya Shilling depreciated by 0.8% against the US dollar to close the week at Ksh.134.4 against the dollar. The…
Read More » -
Kenya to save Ksh.66.7 billion monthly as it vacates fuel importation using US dollar
Kenya stands to save Ksh.66.7 billion ($500 million) every month as it vacates importing fuel commodities using the US Dollar…
Read More »