Markets
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How Kenya’s exports to South Africa fared during Uhuru’s final term in office
Kenya’s exports to South Africa jumped to Ksh.3,956,500,000 in the year 2021, a 13.6 percentage point uptick from Ksh.3.480,900,000 volume…
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CMA okays Ingot Africa to operate as non-dealing Forex broker in Kenya
The Capital Markets Authority (CMA) granted an operational license to Ingot Africa Limited to offer, among other services, access to…
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Foreign investment at NSE slumps to 8-year low
Foreign investment at the Nairobi Securities Exchange slumped to its 8-year low of 35.9 percent in September. Data from the…
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Jumia anticipates millions of customers on its 7th Black Friday invite
Millions of consumers are expected to log on to the Jumia App to leverage online sales in the company’s 7th…
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Kenya among ten AFMI countries enjoying Ksh.193.6 billion in IMF funding
Kenya is among ten Africa Financial Market Index (AFMI) countries that have so far received Ksh.193.6 billion in funding in…
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Kenya moves up two places to rank 8th in 2022 Absa AFMI
Kenya moved up two places to rank eighth in the year 2022 in Absa Africa Financial Markets Index (AFMI). This…
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Treasury taps a mere Ksh.15 billion from October Bonds against Ksh.40 billion auctioned
The National Treasury managed to tap a mere Ksh.15.1 billion from the October Bonds against a Ksh.40 billion auction that…
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Metropol Corporation’s Credit Rating unit, a defining factor for companies creditworthiness
Kenya only has five credit rating agencies approved by the Capital Markets Authority (CMA) with Metropol Corporation being the only…
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Forex reserves up 1.4% to Ksh.896.9 billion at September close
Kenya’s foreign exchange reserves (import cover) was kept at Ksh.896.9 billion at final week ending September 2022. The record cover…
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Costly food prices push Kenya inflation at 10-year high of 9.2%
Inflation in Kenya hit 9.2 percent all-time high in September owing to high cost of food and fuel. It is…
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