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<p>Kenya’s inflation has dropped below the Central Bank upper target of 7.5 per cent for the first time in six months, to stand at 7.47 per cent in July.</p>


Kenyan inflation falls below target

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<p>Safaricom shares hit an all-time high of Ksh25 per unit on Friday, driven by appetite from foreign investors.</p>


Safaricom share price hits an all-time high

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<p>Commercial banks who agree to take up shareholding in national carrier Kenya Airways will need to lend Ksh18.1 billion to the airline, according to a new deal aimed at turning around the company.</p>


Debt swap deal requires Kenyan banks to lend $176mn

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<p>The National Bank of Kenya quadrupled its pre-tax profit between the first and second quarter of this year, driven by diversification of revenue streams and cost cutting measures.</p>


National Bank of Kenya reveals impressive H1 earnings

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<p>The cap on interest rates has seen government keep its borrowing rates in the domestic market low even though high inflation would demand otherwise.</p>


Can a free interest rates regime be restored after elections?

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<p>Kenya Airways will need to freeze staff costs in order to receive fresh capital from its second-largest shareholder, KLM. Still in the markets, the Kenya shilling is off to a shaky start as manufacturers drive dollar demand.</p>


Kenya Airways braces for painful restructuring

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<p>The Kenya shilling showed signs of stability against the dollar on Friday as dollar demand by energy importers is met by inflows from flower exporters.</p>


Kenya misses 2016/17 revenue collection target by 9%

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<p>The Monetary Policy Committee of the Central Bank of Kenya has held the central bank rate steady for the fifth consecutive meeting, as inflation stays above target and the shilling faces pressure against the dollar.</p>


Central Bank of Kenya holds benchmark rate at 10%

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<p>Kenya Airways has created a special purpose vehicle dubbed KQ Lenders Company Limited, through which eleven commercial banks will convert debt owed by the airline into shareholding.</p>


Understanding Kenya Airways’ capital optimisation plan

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<p>Kenyan companies will not need to cross-list in order to sell their shares in other countries. Elsewhere, short –term government treasuries were under-subscribed in Thursday&#8217;s auction.</p>


Kenyan firms to sell shares in region without having to cross list

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<p>Kenya&#8217;s foreign exchange reserves dipped to a three-month low of $7.92 billion as government payments and rise in food imports continue to put pressure on the shilling.</p>


Kenya’s forex reserves drop to 3-month low

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<p>Equity Group&#8217;s mobile money and banking platform, Equitel transacted Ksh271.8 billion in the first quarter of 2017, becoming the closest competitor of Safaricom&#8217;s M-Pesa which transacted Ksh890.7 billion in the same period.</p>


Kenyan shilling weakens to six-month low

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<p>The Salaries and Remuneration Commission of Kenya has unveiled a new pay regime that slashes monthly salaries and allowances of top state officers as the government moves to trim the public wage bill.</p>


Kenya moves to reduce the public wage bill

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<p>Bond investors have supported the stable performance of the shilling against the dollar in Wednesday trading, holding up at 103.60/80 units to the greenback.</p>


Kenya’s private-sector activity drops in June

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<p>Economists at Citibank are the latest to comment on the negative effects of interest rates cap in Kenya, saying it cripples the decision-making ability of the Central Bank.</p>


Rate cap cripples CBK monetary policy making – Citibank

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<p>East African Breweries Limited has issued a cautionary statement highlighting the proposed investment in a new brewery in Western Kenya at a cost of 15 billion Kenya shillings, while noting that financing mechanisms are under deliberation.</p>


East African Breweries Ltd issues cautionary statement

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<p>The International Monetary Fund is raising a red flag over inadequate regulation of Islamic banking in Kenya. Elsewhere, the Kenyan shilling has weakened by 1.22 per cent against the dollar since the year began.</p>


Nairobi Securities Exchange

Kenyan inflation falls below target

Safaricom share price hits an all-time high

Debt swap deal requires Kenyan banks to lend $176mn

National Bank of Kenya reveals impressive H1 earnings

Can a free interest rates regime be restored after elections?

Kenya Airways braces for painful restructuring

Kenya misses 2016/17 revenue collection target by 9%

Central Bank of Kenya holds benchmark rate at 10%

Understanding Kenya Airways’ capital optimisation plan

Kenyan firms to sell shares in region without having to cross list

Kenya’s forex reserves drop to 3-month low

Kenyan shilling weakens to six-month low

Kenya moves to reduce the public wage bill

Kenya’s private-sector activity drops in June

Rate cap cripples CBK monetary policy making – Citibank

East African Breweries Ltd issues cautionary statement

IMF concerned about Islamic banking regulation in Kenya

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Advertise With Us

Nairobi Securities Exchange

Kenyan inflation falls below target

Safaricom share price hits an all-time high

Debt swap deal requires Kenyan banks to lend $176mn

National Bank of Kenya reveals impressive H1 earnings

Can a free interest rates regime be restored after elections?

Kenya Airways braces for painful restructuring

Kenya misses 2016/17 revenue collection target by 9%

Central Bank of Kenya holds benchmark rate at 10%

Understanding Kenya Airways’ capital optimisation plan

Kenyan firms to sell shares in region without having to cross list

Kenya’s forex reserves drop to 3-month low

Kenyan shilling weakens to six-month low

Kenya moves to reduce the public wage bill

Kenya’s private-sector activity drops in June

Rate cap cripples CBK monetary policy making – Citibank

East African Breweries Ltd issues cautionary statement

IMF concerned about Islamic banking regulation in Kenya

News Tips

Advertise With Us

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