Markets
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Kenya’s inflation in March up 5.6% from 5.1% in February on Russia, Ukraine war
Inflation in Kenya for the month of March soared to 5.6 percent down from 5.1 percent in February to indicate…
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CBK bags over Ksh.7.1 billion at treasury bill weekly auction
The Central Bank of Kenya (CBK) received Ksh.7.124 billion at the Weekly Treasury Bills Auction from the Ksh.24 billion on…
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Bitcoin price up 24.9% to Ksh.5.4 million, highest in 2022
Bitcoin has risen to Ksh.5,428,966.00, reaching its highest level since December last year compared to when it last slumped to…
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KCB Group’s newly acquired BPR Bank changes name to BPR Bank Rwanda
KCB Group PLC has finished a merger process for its KCB Bank Rwanda and Banque Populaire du Rwanda (BPR) after…
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Kenya’s Twiga Food, Opibus named among 100 most influential companies globally
Twiga Foods has been named one of the 100 Most Influential Companies globally by Time Magazine. Twiga Foods made it…
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Explainer; What a weak and strong shilling means for Kenyan economy
The Kenyan Shilling has retained its vulnerability against the United States Dollar at a low of 114.8 units, signaling a…
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CBK suspends Ecobank from forex trade for a week
The Central Bank of Kenya (CBK) has suspended Ecobank from forex trade over what it termed as unsafe trading practices…
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Treasury on spot over budget making process
Members of Parliament have put the National Treasury on spot for failure to provide 20222/23 budget highlights. As preparation for…
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Kenya shilling now 0.2 units shy to hit 115 level against US Dollar
The Kenyan shilling hit a record low Monday against US Dollar to exchange at Ksh.114.7 against US Dollar, with only…
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National Treasury wants Ksh.70 billion from April bonds
The National Treasury is looking to acquire Ksh.70 billion from two bonds that are under the domestic credit market. The…
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