How new budget cuts impact Kenya’s financial markets

As Kenya takes a raft of measures targeted to cut down on the public wage bill, the wave is leaving the markets dwindling with interest rates expected to remain higher for longer owing to the sticky inflationary pressures. On what lies ahead for the equities in this East African nation, Caleb Mugendi, Investment Manager at Genghis Capital Asset Management joins CNBC Africa.
Mon, 08 Jul 2024 14:32:09 GMT

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