Markets
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CBK pays Ksh.4 billion in dividend to consolidated account at Treasury
The Central Bank of Kenya (CBK) has paid in dividend, Ksh.4 billion to the Government Consolidated Fund (GCF) under the…
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CMA signs deal with KDC to ease SME financial access in market
The Capital Market Authority (CMA) entered into a deal with the Kenya Development Corporation (KDC) in a bid ease the…
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Pound hits record low against dollar on recession fears
The pound plunged to a record low against the dollar on Monday as traders grow increasingly fearful of a deep…
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European countries spend Ksh.58.2 trillion to tackle energy crisis
European countries have allocated nearly Ksh.58.2 trillion (500 billion euros) to tackle the energy crisis since last September in order…
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Oil supply chain bottlenecks to weaken Shilling further as it drops 0.1% against dollar
The Kenya shilling slumped 0.1 percent against the United States dollar at the close of the week ended September 23.…
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Kenya floats Ksh.60 billion Bond in October for budgetary support
The Central Bank of Kenya (CBK) has floated a 15-year and 25-year Treasury Bonds (domestic credit market) as it seeks…
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Ruto knows it all, says CBK Governor Njoroge after state phases out fuel subsidy
Kenya removed fuel subsidy from its programmes that was a common measure by former President, Uhuru Kenyatta to cushion vulnerable…
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What interest rate hike in U.S means for Kenya as MPC prepares to meet – CBK Governor Njoroge explains
African countries including Kenya are experiencing serious levels of economic distress to maintain relationship in the financial markets like borrowing…
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China keeps loan prime rate unchanged to stabilize housing sector
China’s central bank has kept interest rates unchanged as a way to support the steady, healthy development of its real…
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Petrol price hits record Ksh.179.0 per litre in latest EPRA review
Kenyans were hit hard Thursday when they woke up to historical record prices of fuel in the latest review by…
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