MARKETS • Kenya Current Account Deficit Widens to 5.5pc in May • 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.

Kenya Current Account Deficit Widens to 5.5pc in May

Kenya’s current account deficit widened as imports grew at a faster pace compared to export earnings in the first four months of the year. Data from the Central Bank of Kenya (CBK) shows the deficit, measured as a percentage of the gross domestic product, stood at 5.5 per cent in the 12 months to May … Continue reading Kenya Current Account Deficit Widens to 5.5pc in May