Global Markets Overview: Is The US Dollar Becoming Unstoppable?
Investment
Yields: Treasury Yields closed the week higher as recent comments from Fed officials have indicated that the central bank is
Month: September 2023
Safaricom Dominates The NSE, Accounts For 87.2% Of All Sales
Market News
The market opened the week on bullish sentiments with all indices closing the day in the green. The NASI, NSE
The Televised Fall Of The Kenyan Shilling, Drops Further To The Lowest
Market News
Exchange Rate Performance USD|KES: KES weakened by 0.06% to close at 146.22 (-18.52% year-to-date). GBP|KES: KES weakened by 0.24% to
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At Least 158,000 To Benefit From Afya Uzazi Salama In Narok
Lifestyle
Safaricom Foundation, in partnership with AMREF and the Narok County Government, launched a maternal health program known as “Afya Uzazi
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Number Of Kenyans Using Bhang Increased By 90%
Government and Policy
The National Authority for the Campaign Against Alcohol and Drug Abuse (NACADA) released a new survey on “Status of Drugs
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Kenya’s Private Sector Economy Signals An Improvement On Increased Purchasing Activity
Investment
Liquidity conditions deteriorated in the week as government receipts outweighed settlements. Consequently, the cost of funds in the interbank market
TSC Extends Teachers Promotion Application; How To Apply, Requirements And Deadline
Government and Policy
The Teachers Service Commission (TSC) has extended the deadline for the plication of 36,000 promotional vacancies to 15 September 2023.
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Weekly Equity Turnover Drops 35.1% To Close At Ksh 1.15 Billion
Market News
Weekly equity turnover dropped by 35.1% w-o-w to close at USD 7.88 MN (KES 1.15 BN). NSE 20 and NASI
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Nairobi County Government Sets Date For Parking Fee Increase
Government and Policy
Nairobi motorists should brace for tough times ahead following the Nairobi county government’s proposal to raise parking fees after Nairobi
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T-Bill Subscription Ups 161% As Investors Go For Shorter Papers
Market News
During the week, T-bills were oversubscribed for the first time in three weeks, with the overall subscription rate coming in
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