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Kenya retains 3rd place in continental investor attraction ranking
By Kepha Muiruri,
2023, October 23, 2019 (EAT)
Kenya has retained third place in its attraction to investments on the continent, according to the recently published ABSA Africa Financial Markets In...
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Karua, Mudavadi campaign in the US
By Citizen Reporter,
1629, October 3, 2019 (EAT)
Narc-Kenya party leader Martha Karua and Amani National Congress (ANC) leader Musalia Mudavadi have urged Kenyans in the diaspora to come out in suppo...
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Central Bank’s firefighting breaks Kenya shilling flat-run
By Kepha Muiruri,
1618, August 3, 2019 (EAT)
Central Bank stepped up its open market operations during the week to hold off further slides to the Kenya shilling valuation. According to investo...
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CBK leaves benchmark rate at 9 percent as economy holds steady
By Kepha Muiruri,
1828, July 24, 2019 (EAT)
The Central Bank of Kenya (CBK) has retained its lending rate to commercial banks for the eighth consecutive time to reflect on the stability of the c...
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Questions over Uhuru’s next move after Rotich charged
By Rachel Ombaka,
1612, July 24, 2019 (EAT)
A substantive appointment is in the offing at Treasury with President Uhuru Kenyatta forced to play the hand he is dealt with following the arraignmen...
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‘Lord of poverty!’ DP William Ruto tears into Raila Odinga
By Ian Omondi,
1921, July 1, 2019 (EAT)
Deputy President William Ruto on Monday launched another scathing attack on opposition leader Raila Odinga accusing him of propagating poverty in the ...
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World Bank grants Kenya another Ksh.75 billion loan
By Faizal Ahmed,
2145, May 29, 2019 (EAT)
The World Bank has approved a Ksh.75 billion loan to Kenya for budgetary support. This is the first time in years the World Bank is putting cash st...
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CBK: Kenya needs to reorganize debt as room for borrowing has shrunk
By Reuters,
856, May 29, 2019 (EAT)
Kenya’s headroom for new borrowing has shrunk since it tapped the Eurobond market this month and it is time for the country to begin reorganizing it...
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CBK retains lending rate at 9 percent
By Kepha Muiruri,
953, May 28, 2019 (EAT)
Central Bank’s Monetary Policy Committee (MPC) has for the sixth time running kept the effecting lending rate at 9 percent signaling a wait-and-see ...
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NSE slides as foreign investors adopt wait-and-see policy
By Kepha Muiruri,
825, May 22, 2019 (EAT)
Global jitters tore apart investor sentiment across 2018 but the resumption of trade negotiations on the backend of the year provided much needed resp...
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Kenya seals third Ksh.210B Eurobond
By Kepha Muiruri,
1009, May 16, 2019 (EAT)
Kenya has successfully issued a third Eurobond priced at Ksh.210 billion (USD 2.1 billion) following a roadshow in United States and the U.K. The n...
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Controversy of overvalued shilling: Why Central Banks intervene globally
By Kepha Muiruri,
814, May 14, 2019 (EAT)
An International Monetary Fund (IMF) report has ignited the debate on the true value of the Kenyan shilling. This after another study by Amana Capi...
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Kenya seeks proposals for issuance of Ksh.254T Eurobond -source
By Reuters,
747, January 24, 2019 (EAT)
Kenya is engaging with lenders over a plan to issue a $2.5 billion (Ksh.253.9trillion) Eurobond denominated either in Euros or dollars, a banking sour...
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Russian Finance Ministry may issue more Eurobonds in euros in 2019
By Reuters,
1753, December 25, 2018 (EAT)
The Russian finance ministry is considering issuing Eurobonds in euros and possibly yuan in 2019 and the amount of the euro deal could be higher than ...
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Kenya to roll over Ksh.78B syndicated loan, cut budget deficit
By Reuters,
815, December 5, 2018 (EAT)
Kenya is in talks with lenders to roll over a Ksh.78billion ($760million) syndicated loan this fiscal year and lengthen its maturity. This is in or...
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Ivory Coast’s Ouattara to name new government on Tuesday
By Reuters,
1215, July 7, 2018 (EAT)
Ivory Coast President Alassane Ouattara plans to name a new government on Tuesday after dissolving its predecessor because of a row within his ruling ...
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Banker calls for Govt stimulus to support economic growth
By Sophie Kinoti,
1008, March 24, 2018 (EAT)
The government has been encouraged to increase its spending and meet payments to contractors and suppliers to stimulate economic growth. According ...
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Rotich: Government never gets broke
By Citizen Reporter,
1315, March 8, 2018 (EAT)
Treasury CS Henry Rotich has denied media reports that the government is broke saying the reporting was "fake." Mr. Rotich, while reacting to media...
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Amb. Kamau: Push for US intervention in Kenya ill-advised
By Amb. Macharia Kamau,
953, March 8, 2018 (EAT)
That Amb. Mark Bellamy and Amb. Johnnie Carson are accomplished US diplomats is not in doubt. It may also be assumed that their relationship with Keny...
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Jubilee MPs urge gov’t to halt development in opposition areas
By Peter Gachanja,
1214, February 26, 2018 (EAT)
Jubilee MPs from Mt. Kenya region have supported and defended the government’s borrowing of Ksh.200 billion Eurobond, saying it would propel develop...
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