EFG Concludes Advisory On EGP 425 Million Securitization Bond Offering
Investment
EFG Hermes’ investment banking division, the leading investment bank franchise in Frontier Emerging Markets (FEM), announced today the successful close of
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Month: July 2022
AstraZeneca’s COVID-19 Vaccine 73% Effective At Preventing Omicron
Lifestyle
AstraZeneca’s COVID-19 Vaccine (ChAdOx1-S [Recombinant]) was effective at preventing COVID-19 infections due to Omicron when used as a fourth dose booster,
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Tree Planting Website Emerges Winner Of Season 3 of Game of Learners
Technology
A student’s innovation featuring a website that encourages the public to plant trees has been named the winner of this
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Kenya Finally Exports First Batch of Miraa to Somalia
Market News
After a series of efforts by the Ministry of Agriculture, Kenya finally exported the first batch of Miraa to Somalia
By Lynnet Okumu
·BDO East Africa Sets Its Sights On DRC
Investment
BDO East Africa, a public accounting, tax, and advisory firm is planning to start operations in the Democratic Republic of
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33 Dead in The Tharaka Nithi Bus Accident
Lifestyle
At least 33 people are feared dead in the Tharaka Nithi accident involving a Modern Coast bus that plunged into
By Lynnet Okumu
·Teachers To Attend Two-Day TUSOME Training Workshop This Week
Government and Policy
Under the umbrella of the “TUSOME Early Grade Reading Activity” initiative, teachers will participate in a two-day training workshop. TUSOME
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July Inflation Set To Hit 8.1% – Cytonn Report
Market News
“We are projecting the y/y inflation rate for July 2022 to fall within the range of 7.7 -8.1 percent, with
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Kenyan Shilling Still Being Battered By The US Dollar
Headlines
The Kenyan shilling depreciated by 0.3 percent against the US dollar to close the week at 118.6 shillings, from 118.3
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T-Bill Subscription Spike To Hit 144%
Headlines
During the week, T-bills remained oversubscribed, with the overall subscription rate coming in at 144.1 percent, an increase from the
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