Markets
-
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…
Read More » -
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…
Read More » -
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.…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
China boasts nearly 9,000 specialized, sophisticated SMEs to advance innovation
China has so far boasted a total of 8,997 specialized and sophisticated small and medium-sized enterprises (SMEs) that play a…
Read More » -
Over 6 million Kenyans are cryptocurrency holders – report
Over 6.1 million Kenyans are cryptocurrency holders, according to a new report published by Bankless Times. The country is third…
Read More »