Moody's places Kenya's B1 rating on review for downgrade
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Moody's Investors Service has placed the B1 long-term issuer rating of the government of Kenya on review for downgrade.
Moody's Investors Service has placed the B1 long-term issuer rating of the government of Kenya on review for downgrade.
The Central Bank of Kenya (CBK) on Monday maintained the benchmark lending rate at 10 percent in order to anchor inflation expectations.
Troubled Nakumatt Supermarket has turned to Tuskys in bid to rescue its dwindling business. The two retailers have signed a merger deal that will help revive Nakumatt whose shelves have been empty for a long time.
Nine insurance brokerage firms have been deregistered after failing to comply with the Insurance Act, effectively barring them from signing up any new business.