The Executive Board of the International Monetary Fund (IMF) today approved a new SDR 709.259 million (about US$989.8 million) 24-month Stand-By Arrangement (SBA) and a SDR 354.629 million (about US$494.9 million) 24-month Standby Credit Facility (SCF) for Kenya, for a combined SDR 1.06 billion (about US$1.5 billion, or 196 percent of Kenya’s quota).
Stung by rising incidents of fraud, the Insurance Regulatory Authority (IRA) has ordered 70 firms in the sector to halt operations immediately.
The volume of cash moved through mobile money transfer platforms grew by a fifth last year to hit a new record as Kenyans increasingly turned to the service to pay for goods and services beyond peer transfers.
(Ecofin Agency) - According to data released by the Central Bank of Kenya on February 19, remittances in 2015 have hit a record of $1.54 billion for about 3 million Kenyans, thus rising 8.4% from the results in 2014.
 | BRVM-CI | 310.89 | -0.12% | 31/07 |
 | BSE DCI | 10,498.75 | - | 31/07 |
 | DSE ASI | 2,449.58 | +0.77% | 31/07 |
 | EGX 30 | 34,198.00 | +1.00% | 31/07 |
 | GSE-CI | 6,992.29 | +3.19% | 31/07 |
 | JSE ASI | 99,165.06 | +0.47% | 29/07 |
 | LuSE ASI | 21,041.02 | +0.37% | 31/07 |
 | MASI | 19,634.87 | +0.97% | 31/07 |
 | MSE ASI | 386,281.85 | +0.97% | 31/07 |
 | NGX ASI | 139,863.52 | +0.42% | 31/07 |
 | NSE ASI | 160.22 | -2.11% | 31/07 |
 | NSX OI | 1,785.05 | -0.13% | 29/07 |
 | RSE ASI | 150.43 | +0.03% | 31/07 |
 | SEM ASI | 2,163.70 | +0.27% | 31/07 |
 | TUNINDEX | 11,855.80 | -0.16% | 28/07 |
 | USE ASI | 1,357.51 | +1.42% | 31/07 |
 | ZSE ASI | 205.71 | +1.82% | 31/07 |
