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...

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...

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...