The Nairobi Securities Exchange’s (NSE) total equity market capitalisation dropped to a six-year low of KSh1.79 trillion on Tuesday. Safaricom, Equity Group,…
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The latest business and financial market news and analysis from East Africa and the Continent.
The World Bank’s Development Policy Operations (DPO) facility is set to provide additional resources to Kenya, amounting to $1 billion…
Kenya’s economy is recovering but still faces several challenges, such as high inflation, currency depreciation, and high debt servicing costs,…
The Kenya shilling weakened sharply against the US dollar, hitting a fresh low of 129. The depreciation has partly been…
The Saudi Ports Authority (Mawani) has included Jeddah Islamic Port in East Africa – Red Sea and Red Sea shipping…
Kenya’s private sector activity contracted in February for the first time in six months due to the weakening of the…