By Radarr Africa Investors are unwilling to lend the government billions of shillings in a push for higher interest rates, signalling a funding headache that awaits the incoming administration. The August Treasury bond sale fell Sh11.5 billion below target as investors demanded higher rates that forced the Central Bank of Kenya (CBK) to leave bids […]
Category: Radarr Africa
By Radarr Africa Emirates Airlines has announced the suspension of its flight operations to Nigeria effective September 1, 2022. The flag carrier of the United Arab Emirates (UAE) disclosed this in a statement on Thursday, citing the inability to repatriate its earnings in foreign exchange from Nigeria. Recall that the airline had earlier limited its […]
By Radarr Africa The stock market recorded limited movement on Monday after closing trading before Deputy President William Ruto was declared the winner of the presidential elections amid chaotic scenes and rejection of the results by four commissioners of the electoral commission. The Nairobi Securities Exchange (NSE) gained Sh2.4 billion to close trading at Sh2.291 […]