Tag Archives: CBK

NAIROBI | Xinhua |  Kenya raised a record 240.9 billion shillings (about 1.55 billion U.S. dollars) in its first infrastructure bond offer this year, said the Central Bank of Kenya (CBK) Wednesday evening, underlining increased investor confidence in the country’s debt market. The East African nation on Jan. 25 floated …

Nairobi, Kenya | Xinhua | Kenya’s apex bank on Tuesday announced the successful separation of telecommunications and mobile money business of the country’s second-largest telecom, Airtel Kenya, a first in the east African nation. The Central Bank of Kenya (CBK) said it had welcomed the milestone done by Airtel Networks Kenya …

Nairobi, Kenya | Xinhua |  Kenya’s foreign exchange reserves fell a record 49 billion shillings (about 428 million U.S. dollars) this week as the shilling hit a new low amid strong dollar demand from importers. The Central Bank of Kenya (CBK) said in its weekly update of the financial markets …

Kampala, Uganda | THE INDEPENDENT | Businesses and money changers have suffered major disruptions following the suspension of the Kenyan currency conversion in Uganda. Consequently, many have seen the value of their money fall but also had to contact their friends near the border to help them do conversions in …

NAIROBI | Business Wire | The Board of Directors and Management of the African Economic Research Consortium (AERC) are pleased to announce the appointment of Njuguna Ndung’u as the next AERC Executive Director effective September 1, 2018. Prof. Njuguna Ndung’u is well known to the AERC network as a trainer and …