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.
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.
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