The rise is attributed to the new buying wave, staging one of the most significant recoveries in the past two weeks.
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The latest business and financial market news and analysis from East Africa and the Continent.
The 13 countries that makeup the Eastern Africa region are projected to record an average growth of 4.9% this year, up from 0.4% posted in 2020.
The Democratic Republic of Congo (DRC) is now a full East African community member after it deposited ratification instruments on…
According to data from CBK, in 2021, Kenya’s real GDP was Ksh 9.39 trillion.
The Central Bank of Kenya has kept rates below 14 per cent and flattened the yield curve for 15-year and beyond tenors.
The loan will provide funding for the second phase of Kenya’s Competitiveness and Economic Recovery Support Program that was approved by the Bank in June 2021