MARKETS • MPC Says Kenya’s Current Account Deficit to Remain High at 5.2% • Khusoko

Loading of cargo from the port of Mombasa to the Standard Gauge Railway. Equity Bank has launched a new service that allows its customers to make payments and access their accounts across five East African countries: Kenya, Uganda, Tanzania, Rwanda, and South Sudan.

MPC Says Kenya’s Current Account Deficit to Remain High at 5.2%

Kenya’s current account deficit remains high, the Monetary Policy Committee (MPC) said on Wednesday. The country’s current account deficit hit a record 4.8 per cent in the last fiscal year and has been a key parameter for the Central Bank of Kenya while setting monetary policy. “The current account deficit is estimated at 5.2 per … Continue reading MPC Says Kenya’s Current Account Deficit to Remain High at 5.2%