A weak shilling increases the cost of imports as more local currency units are now needed to exchange for the hard currencies used in the international markets.
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Day trading is the practice of purchasing and selling a security within a single day or trading session or multiple times over the course of the day.
The reading was the lowest seen since April
2021 and signalled a solid decline in the health of the Kenyan private sector.
Branch International is the first mobile digital lender to acquire a majority stake (84.89 per cent) in a banking institution
Prudential Plc, a UK company, formally becomes an anchor client to join NIFC.
UBA Kenya plans to double its branch network in the country to 10 by the end of 2023. “Before the…