Business

Ndai: Diaspora remittance needs greater support

Ndai: Diaspora remittance needs greater support

Kenya’s foreign exchange reserve has been under pressure for the better part of the past 12 months driven primarily by…
Equities turnover dips by 72% to Ksh.464.4 million

Equities turnover dips by 72% to Ksh.464.4 million

The equities market was on a downward trajectory in one week to August 25, with NASI, NSE 20, and NSE…
Family Bank doubles investment to provide technical skills training for 2000 youth

Family Bank doubles investment to provide technical skills training for 2000 youth

Over 2000 youth are set to benefit from technical and vocational training in construction through an additional Ksh.60 million investment…
Government securities – What does the trend mean for your business?

Government securities – What does the trend mean for your business?

Throughout the year, investors have shown a preference for the short-end.  Treasury has only managed to attract uptake of long-term…
Kenya Eurobonds: What we know so far

Kenya Eurobonds: What we know so far

In the week to August 19, the yields on Eurobonds were on an upward trajectory, with the yield on the…
More pain as Shilling value falls 0.4% against US Dollar

More pain as Shilling value falls 0.4% against US Dollar

The Kenya Shilling depreciated by 0.4% against the US dollar to close the week at Ksh.144.2 from Ksh.143.6 recorded the…
T-Bills oversubscribed for second week as investors opt for a 91-day shorter paper

T-Bills oversubscribed for second week as investors opt for a 91-day shorter paper

The Treasury Bills (T-Bills) were oversubscribed for the second week, with the subscription rate coming in at 186.2%, albeit lower…
IMF throws its weight behind Ruto’s fuel stabilisation mechanism

IMF throws its weight behind Ruto’s fuel stabilisation mechanism

President William Ruto’s fuel stabilisation mechanism received weighty support Friday amidst confusion about the return of fuel subsidy programme.Speaking to…
African currencies under pressure on continued higher US interest rates

African currencies under pressure on continued higher US interest rates

Weaker currencies make the fight to curb inflation harder given that majority of African countries dependend on importsSince the pandemic…
Nigeria’s Eurobonds drop as President Tinubu says no need for petrol price rise

Nigeria’s Eurobonds drop as President Tinubu says no need for petrol price rise

Nigeria’s international dollar-denominated bonds fell on Wednesday, after the president’s spokesman said petrol prices did not need to rise more,…
Back to top button