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September 18, 2020


Kenya
The Central Bank of Kenya once again entered the market yesterday to support the recently depreciating Kenyan Shilling which touched a record low against the USD | The move saw Kenya drop 1% in early morning trading | The currency has come under pressure due to...

September 18, 2020

FED & BOE DOWNBEAT ABOUT THE ECONOMY
Both the Fed and the BoE actually noted that the economic rebound had so far been stronger than forecast, led by a faster than expected rebound in consumer spending. However, both also confirmed their ongoing elevated concerns that...

September 11, 2020

Market analysts expect Kenya’s economy to grow by less than 2.5% this year as the nation's tourism and SME sectors continue to suffer from the effects of the coronavirus pandemic | Finance Minister Ukur Yatani said the government is forecasting a 6% rebound in the medi...

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