Liquidity in the money markets tightened, with the average interbank rate increasing to 4.4% from 4.2%
Author: Muindi
Muindi
Experience working on communication and marketing departments and in the broadcast industry. Interested in sustainable development and international relations issues.
Remittances represent an important source of foreign exchange and support many livelihoods.
The AELP, a flagship project of the African Securities Exchanges Association (ASEA) and the African Development Bank (AfDB), aims to facilitate cross-border trading among seven participating exchanges and select broker firms.
A rights issue is an offer given by a company to existing shareholders to buy a proportional number of additional shares at a given price within a fixed period.
A litre of super petrol will retail at KSh177.30, diesel at KSh162 and kerosene at KSh145.94 effective November 15 to December 14, 2022.
This will bring the amount received from the facility to a total of USD 1.6 billion (Kshs 199.7 billion).