Kenya is Seeking KES 30 Billion in The Bond Markets
The Kenyan government has turned to the the fixed income market and is seeking KES 30 Billion for budgetary support in through a two year Treasury Bond.
The Kenyan government has turned to the the fixed income market and is seeking KES 30 Billion for budgetary support in through a two year Treasury Bond.
Kenya’s inflation shot up to a nine month high of 6.68% in November from 6.47% posted in October, the Kenya Bureau of Statistics (KNBS) has announced.
Kenya's central bank left its Central Bank Rate (CBR) at 10.0 percent, citing mild inflationary pressures, and the need for more "conclusive information" on prevailing domestic and global economic uncertainties.
Kenyan finance minister Henry Rotich has said the initial exportation of 2,000 barrels of crude oil from Kenya in January 2017 would be an initial stage until the country completes the construction of an oil pipeline.