Nairobi, May 24 -- As Dr Patrick Njoroge exits the Central Bank of Kenya (CBK), he leaves behind a mixed legacy, and this can probably be best looked at through the lens of the core functions of the a... Read More
Nairobi, May 10 -- On Saturday, May 6, 2023, the British cultural capital was on full display as King Charles III was coronated in a large display of imperial pageantry. The coronation service music ... Read More
Nairobi, May 3 -- Investors have continued to dump Kenya's 2024 Eurobond (due in June 2024) on account of market prices, disorderly public finances and a much weaker fiscal trajectory. The bond matur... Read More
Nairobi, April 19 -- Ethiopia is on the cusp. Since Prime Minister Abiy Ahmed came into office in April 2018, Ethiopia has laid down a series of reforms, most notably softening its stranglehold on key... Read More
Nairobi, April 11 -- The government has committed two cardinal sins when it comes to financial markets. First, you don't signal a fiscal disorder. Doing so invites a bloodbath. Deputy President Rigat... Read More
Nairobi, April 5 -- While the larger Tier one and the medium sized Tier two banks saw their net profits grow by 21 percent year-on-year in 2022, the amount of unrealised losses on the securities portf... Read More
Nairobi, March 22 -- Spooked by the failure of Silicon Valley Bank (SVB) as well as the resulting contagion, major central banks in the developed economies have launched coordinated action to enhance ... Read More
Nairobi, March 22 -- Spooked by the failure of Silicon Valley Bank (SVB) as well as the resulting contagion, major central banks in the developed economies have launched coordinated action to enhance ... Read More
Nairobi, March 15 -- Silicon Valley Bank (SVB), the largest commercial bank in Silicon Valley in America was put under regulatory administration last Friday after failing to raise new money to cover i... Read More