Kenya will soon launch the ‘Kenya Token’, a new digital token that will strengthen the government’s financial system and ...

LONG BEACH, N.Y. and NAIROBI, Kenya, July 06, 2017 (GLOBE NEWSWIRE) -- KCB Bank, East Africa’s oldest and largest commercial bank, and Planet Payment, Inc. (NASDAQ:PLPM), a leading provider of ...

(Bloomberg) -- Kenya’s shilling is poised for 14 straight months of depreciation against the dollar and may come under additional pressure from national elections scheduled for Aug. 9. The currency of ...

Kenya enters IMF talks as debt mounts. Citizens brace for austerity, tax hikes and subsidy cuts that could spark wider unrest and threaten economic recovery.

Auditors noted that the regulator did not meet the requirements under Regulation 84 of the 2020 Procurement Regulations.

Kenya: The Government is this week expected to launch new currency notes in line with the constitution. Secretary to the Cabinet Francis Kimemia said that this was after cabinet last week approved the ...

Local currency in Kenya has undergone major modifications. This comes after a proposal as stipulated in the Constitution that bars the use of portraits or images of individuals, stating instead that ...

Kenyan regional bank businesses are becoming increasingly important as currency depreciation and interest-rate shocks hurt the domestic market. The Kenya shilling has depreciated by over 20% since the ...

The research investigated how exchange rate fluctuations influence the bilateral trade balance between Kenya and the European Union (EU). It relied on secondary data sourced from institutions such as ...

May 12 (Reuters) - Global ratings agency Moody's on Friday cut Kenya's senior unsecured debt rating as well as long-term foreign-currency and local-currency issuer ratings to B3 from B2. "The rating ...

Kenya could strengthen its financial system by keeping part of its reserves in gold and other valuable minerals.

NAIROBI, Oct 1 (Reuters) - Kenya's main electricity generator KenGen could return to the debt market with a multi-currency bond after the success of its 15 billion shillings ($201 million) issue, its ...