Diaspora remittances are part of Kenya’s largest foreign exchange earner, largely contributing to the country’s forex reserves to stabilise the shilling.
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Agricultural firm Kakuzi Plc’s half-year profit to June 2022 rose 75 per cent to Ksh. 341.3 million from Ksh. 194.6 million…
Kenya expects its fiscal deficit to narrow to KSh862.5billion, which is 6.2 per cent of the country’s Gross Domestic Product (GDP) in the current fiscal year.
The Board of Directors did not recommend paying an interim dividend.
Stanbic Bank Kenya is a member of the Standard Bank Group, Kenya’s eighth largest commercial bank by assets.
The bonds, FXD1/2022/03, FXD2/2019/10, and FXD1/2021/20, sought to raise Ksh 50 billion for budgetary support.