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More on Weekly Trade Round Up
14 Jan 2022
14th January 2022 Trade & Financial Services Round Up
KENYA Disquiet as State fails to pay oil subsidy billionsThe government has defaulted on fuel subsidy billions that continue to be paid under a cloud of secrecy, sparking disquiet among the oil market...
7 Jan 2022
7th January 2022 Trade & Financial Services Round Up
KENYA Bond transactions rise to record Sh956 billion The flight to fixed-income investments in the Covid-19 pandemic period swelled transactions in bonds at the Nairobi Securities Exchange (NSE) to a ...
17 Dec 2021
17th December 2021 Trade & Financial Services Round Up
KENYA Oil companies to get Sh8bn for unchanged fuel prices The State will pay oil marketers an estimated Sh8.12 billion ($71.8m) for keeping fuel prices unchanged in the monthly review that will...
10 Dec 2021
10th December 2021 Trade & Financial Services Round Up
KENYA Kenya paid China Sh29bn to ease debt repayment standoff Kenya wired Sh29.86 billion ($264.4 million) to China in the quarter to September 2021 to ease a standoff over debt repayments that delaye...
3 Dec 2021
3rd December 2021 Financial and Trade Services Round Up
KENYA Shilling hits all-time low of 112.5 to dollar The shilling has declined to a new all-time low of 112.5 against the dollar as importers increase demand for the greenback with the economy recoveri...
26 Nov 2021
26th November 2021 Financial & Trade Services Round Up
KENYA Shilling weakens further on rising dollar demand The shilling ceded further ground to the dollar Wednesday, November 24, trading at a new low of 112.38 units amid the end of month demand f...
19 Nov 2021
19th November 2021 Trade and Financial Services Round Up
KENYA CBK Takes Baby Steps Towards Launch of Digital Currency (Source: Business today) Kenya is exploring the possibility of developing and launching a central bank digital currency (CBDC) to set...
12 Nov 2021
12th November 2021 Trade and Financial Services Round Up
KENYA Kenya’s economy rebounds 10.1%, first double-digit growth in 4 decades (Source: Business Daily) Kenya’s economy expanded 10.1 percent in the second quarter of the year on the back of a rebou...
5 Nov 2021
5th November 2021 Trade and Financial Services Round Up
KENYA Equity Bank signals plan to buy stake in local rival (Source: Business Daily) Equity Group is ready to acquire a local rival if acquisition targets emerge, marking a shift to its previous strate...
29 Oct 2021
29th October 2021 Trade and Financial Services Round Up
KENYA Kenya slides in credit default rules enforcement survey (Source: Business Daily) Kenya’s failure to enforce rules to reduce credit default risks locking out local and foreign investors in ...
22 Oct 2021
22nd October 2021 Trade and Financial Services Round Up
KENYA Auditor queries CBK law breach over board members (Source: Business Daily) Auditor-General Nancy Gathungu has once again raised concerns over Central Bank of Kenya’s (CBK) legal breach operati...
15 Oct 2021
15th October 2021: Trade and Financial Services Round Up
KENYA Economy on path to recovery as banks record 53pc profit increase (Source: Business Daily) Pre-tax profits for banks in the seven months from January to July jumped 53.2 percent and surpassed las...
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