Nairobi, April 28 -- Kenya was forced to seek an estimated $300 million (Sh38.8 billion) emergency World Bank funds to help it manage the economic shocks triggered by the Iran war. Kenya is the first... Read More
Nairobi, April 28 -- Companies seeking capital are preferring private debt from non-bank investment vehicles compared to bank loans and equity investment by private equity and venture capital funds, a... Read More
Nairobi, April 28 -- Before the US and Israel went to war with Iran on February 28, the shilling had traded at Sh129.02 against the dollar for 19 straight days. This remarkable run that saw the local... Read More
Nairobi, April 26 -- The Central Bank of Kenya (CBK) has opened the sale of a Sh10 billion switch bond that is offering higher return to holders who accept the swap, after the last such issuance flopp... Read More
Nairobi, April 24 -- Equity Group significantly reduced interest rates on customer deposits to 3.3 percent in 2025 from 8 percent the previous year, leveraging lower funding costs to widen margins and... Read More
Nairobi, April 22 -- The Central Bank of Kenya (CBK) is still planning to switch two more bonds into longer securities before June, despite investors rejecting the last such sale earlier this month. ... Read More
Nairobi, April 21 -- Multinational companies holding major stakes in Nairobi bourse-listed firms are repatriating Sh42.2 billion to parent companies, reflecting the importance of the Kenyan units to c... Read More
Nairobi, April 21 -- Multinational companies holding major stakes in Nairobi bourse-listed firms are repatriating Sh42.2 billion to parent companies, reflecting the importance of the Kenyan units to c... Read More
Nairobi, April 20 -- The Treasury has cut the net amount it expects to borrow from external lenders in the current financial year by Sh61.6 billion to Sh225.8 billion, reflecting delays in accessing l... Read More
Nairobi, April 13 -- The 18 NSE firms included on the Morgan Stanley Capital International (MSCI) indices saw their dollarised returns fall behind their continental peers in the first quarter of the y... Read More