07/24/2020
The higher than targeted amount taken up is however 16.4 percent of the government’s net domestic borrowing target of Sh494 billion for the current fiscal year, pushing it ahead of target in the early days of the borrowing calendar.
07/22/2020
Apart from the ability to find new markets quickly and create diverse revenue streams, the immediate benefits of setting up an offshore company include ease of trade, with the ability to pay suppliers and receive funds in foreign currency without having t
07/21/2020
The All Share Index (ASI)- the common value-based index that tracks share prices at the Exchange (NSE) declined from its opening index of 24,287.66 points to close at 24,269.58 points.
07/21/2020
According to the agency, “the ‘AAA’ rating of the AfDB is driven by extraordinary support it receives from its shareholders, which Fitch Ratings assesses at ‘aaa’”
07/21/2020
In Kenya, COVID-19 threatens livelihoods and food security in a nation that is already grappling with the worst locust infestation in 70 years and trying to recover from extensive flooding. Around 27% of households are suffering from food shortages, accor
07/17/2020
At the same time, portfolio investments, reflecting a record of buying and selling of securities such as bonds and shares, showed a sharp outflow, of 97.6 billion rand in the first quarter compared to inflows of 9.3 billion rand in fourth quarter of 2019.
07/16/2020
Performance across sectors under our coverage was bullish as three of six indices advanced, one lost, while oil and gas and AFR-ICT indices remained unchanged.