Central Bank’s firefighting breaks Kenya shilling flat-run

By Kepha Muiruri,

Central Bank stepped up its open market operations during the week to hold off further slides to the Kenya shilling valuation. According to investo...

CBK , kenyan shilling

Controversy of overvalued shilling: Why Central Banks intervene globally

By Kepha Muiruri,

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...

Central Bank of Kenya (CBK) , IMF , Kenya Shilling

Expectation versus Reality defines tug of war pitting Counties and Treasury

By Kepha Muiruri,

The Council of Governors (COG) on Tuesday rejected the revised allocation of revenue to the devolved units by the National Treasury which now stands c...

budget policy statement , Council of Governors , CRA , Genghis Capital , National Treasury

Legislators unstirred by rate-cap ruling

By Kepha Muiruri,

Legislators have vowed to ensure the continued hold of interest earnings from commercial banks’ lending, playing down a hint at a return to expensiv...

COFEK , Habil Olaka , interest rate cap law , Jude Njomo , Kenya Bankers Association

Kenyan assets tumble after opposition leader pulls out of election

By Reuters,

Kenyan stocks and bonds fell on Wednesday after opposition leader Raila Odinga pulled out of a repeat presidential election set for Oct. 26. The al...

Genghis Capital , Ken Minjire , Kenya presidential election , Kenya's election , President Uhuru Kenyatta , raila odinga , Raila pulls out of election

Stock market hits 14-month high after Kenyatta victory

By Reuters,

Kenya's main stock index rose 2.51 percent on Monday to a 14-month high, building on gains last week as investors welcomed the re-election of Presiden...

boycott , elections , nse , Politics , raila odinga , social democrat , stock market , Uhuru kenyatta

Panama’s Noriega: CIA spy turned drug-running dictator

By Reuters,

Former Panamanian dictator Manuel Noriega was for years a useful tool of the United States, until President George H.W. Bush lost patience with his br...

Nakumatt engages suppliers to stock emptying shelves

By Citizen,

Regional retailer Nakumatt’s woes look to be far from over even it closes in on a strategic partner to inject capital into the business. The cash...

Andrew Dixon , Atul Shah , expansion , Genghis Capital , Geoffery Gangla , nakumatt , regional retailer , renegotiate supply contracts , supplier debt , suppliers , supply chain , Tesco , Tuskys , uchumi

CMA approves Genghis acquisition by Pamoja Capital

By Citizen,

The Capital Markets Authority (CMA) has approved the acquisition of Genghis Capital to a consortium of investors led by Pamoja Capital. The investm...

Acquisition , chase bank , CMA , Genghis Capital , Geoffrey Gangla , Pamoja Capital , Zafrullah Khan