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More on Trade and Financial Services Round Up
7 Feb 2025
Trade and Financial Service Round-Up: Issue No 4 of 2025
Kenya MPC cuts key rate to 10.75% to spur growth The Monetary Policy Committee (MPC) of the Central Bank of Kenya (CBK) decided to lower the Central Bank Rate (CBR) by 50 basis points to 10.75 percent...
31 Jan 2025
Trade and Financial Service Round-Up: Issue No. 3 of 2025
Kenya Moody’s upgrades Kenya’s rating outlook to positive Moody’s Ratings has changed the Government of Kenya’s outlook from negative to positive and affirmed the local and foreign-currency ...
24 Jan 2025
Trade and Financial Service Round-Up: Issue No 2 of 2025
Kenya Bank CEOs, directors face suspension in new anti-terror finance plan Executives and board members of financial institutions, including commercial banks, may be removed from office as the governm...
17 Jan 2025
Trade and Financial Service Round-Up: Issue 1 of 2025
Kenya Banks pump additional Sh135bn to lift Nairobi’s economy Financial institutions pumped an additional Sh135.55 billion into Nairobi’s economy last year, underlining the critical role that ...
13 Dec 2024
Trade and Financial Services Round-Up: Issue 50 of 2024
Kenya Forex reserves projected to grow by Sh288bn on IMF, remittance inflows Kenya’s official foreign exchange reserves are expected to grow by $2.23 billion (Sh288 billion) by the end of th...
6 Dec 2024
Trade and Financial Services Round Up
Kenya Parliamentary Committee agrees on Banks’ plight for extended time to hit Sh10bn minimum capital Banks will have up to eight years to raise their minimum statutory capital to at least Sh10 ...
29 Nov 2024
Trade and Financial Services Round-Up: Issue 48 of 2024
Kenya Safaricom gets approval for new money market fund Safaricom’s Ziidi Money Market Fund has received approval from the Capital Markets Authority (CMA). The fund will operate in partnership wit...
22 Nov 2024
Trade and Financial Services Round-Up: Issue No. 47 of 2024
Kenya Senators, MPs reach a deal on revenue allocation to counties County governments are set to receive Ksh 387 billion as equitable revenue share raised after the National Assembly Committee and t...
15 Nov 2024
Trade and Financial Services Roundup: Issue 46 of 2024
Kenya Three NSE stocks join Morgan Stanley small-cap index The Morgan Stanley Capital International (MSCI) index has added three NSE counters—Kenya Power, Carbacid Investments Plc, and Bamburi Cemen...
8 Nov 2024
Trade and Financial Services Round Up: Issue 45 of 2024
Kenya Borrowers hit as IMF opposes CBK’s plan to cut cost of loans The International Monetary Fund (IMF) has warned Kenya against a larger interest rate cut despite the fall in inflation to a 17-yea...
31 Oct 2024
Trade and Financial Services Round Up: Issue 44 of 2024
Kenya Kenya Power resumes dividends with Ksh 30B profit Kenya Power and Lighting Company(KPLC) has resumed paying dividends after a six-year hiatus, following a net profit of Ksh 30.08 billion in the ...
25 Oct 2024
Trade and Financial Service Round-Up Vol 43
Kenya Local investor activity climbs at NSE, foreigners retreat Local investors have gained prominence at the Nairobi Securities Exchange (NSE) over the past three months, reflecting reduced activity ...
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