Kenya December Inflation Rate Falls to 6.35%
Kenya’s inflation rate fell to 6.35 percent year-on-year in December from 6.68 percent recorded in November, the statistics office has announced.
Kenya’s inflation rate fell to 6.35 percent year-on-year in December from 6.68 percent recorded in November, the statistics office has announced.
French automaker Peugeot is set to start local assembly of its brands from next year, becoming the latest multinational to produce vehicles in Kenya.
According to Central Bank of Kenya Dr Governor Patrick Njoroge, the regulator will soon begin licensing of new banks after it freezed the exercise in November 2015 on concerns that most local banks were undercapitalized as compared to the foreign banks operating in Kenyan soil.
According to a recent report by Knight Frank, Nairobi stands out as a major focus for shopping centre development. It is ranked as the largest market by existing shopping centre floor space and it has the biggest development pipeline in the Sub-Saharan Africa region.