Markets
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BIS gives Central banks go ahead on digital currency
The Bank for International Settlements has given its full backing to the development of central bank digital currencies (CBDCs), a…
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Oil prices slip after upbeat session
Oil prices declined on Tuesday, giving up some of the gains they had scored in the prior session. The West…
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KBL steps up fight against illicit brew with ksh.76 million promotion
The Kenya Breweries Limited (KBL), has stepped up efforts in fighting illicit brews with a campaign geared towards rewarding loyal…
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Coffee farmers want CMA out of Coffee business
Coffee farmers are now calling on the government to suspend the Capital Markets Authority’s (CMA) coffee exchange regulations of 2020…
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Bitcoin drops by more than half as China intensifies crackdown
Bitcoin took a nosedive as much as 9 percent Monday as recent volatility in the cryptocurrency market showed no signs…
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T-Bills remained oversubscribed in the past week
Last week, T-bills remained oversubscribed, with the overall subscription rate coming in at 152.9 percent, a decline from the 181.8…
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25 arrested as NEMA cracks down on plastic bags
In 2017, Kenya moved to the forefront of the global war on single-use plastics when it outlawed the manufacturing, sale…
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Kenya raises over Ksh.107.8 billion Eurobond
Kenya has successfully raised Ksh.107.8 billion (USD$1 billion) from the international capital markets. The new Eurobond issue follows a three-day…
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KenGen to join global carbon trade
Kenya Electricity Generating Company (KenGen), has joined a United Nations-backed emissions-reduction program as it looks to begin a domestic carbon…
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Kenya picks Citi, JP Morgan as lead managers for Dollar sovereign bond
Kenya has picked JP Morgan and Citi as lead managers for its upcoming Ksh.107.7 billion (US$1.billion) Eurobond issue. According to…
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