The Nairobi Securities Exchange (NSE) has integrated its bond trading system with the Refinitiv Fixed Income Callouts application, a flexible trading platform that is secure, transparent and allows for real-time bond trading. The easy-to-use application improves price discovery, market monitoring, execution and market transparency. NSE said Kenya is among the first emerging markets globally leveraging the automated Over the Counter FI workflow that integrates with both, the Securities Exchange and the Central Securities Depository. “The integration will facilitate seamless trading of fixed income transactions supporting accurate price discovery, trade negotiations and execution as well as reduce delays caused by the…
Author: David Indeje
David Indeje
David Indeje is the Community Engagement Editor at Khusoko, East Africa’s leading digital business news platform. He shapes editorial content, drives audience engagement, and amplifies diverse voices. Beyond journalism, he consults on digital strategy across agriculture, governance, technology, and health, while examining AI’s role in the future of media. He also serves as Communications Officer at KICTANet, advancing digital inclusion and policy dialogue.
Kenya’s fiscal deficit is likely to remain elevated at an estimated 9.00% of Gross domestic product (GDP) with an ambitious target to cut it to 7.5% in the 2021/22 financial year. “Efforts to restore fiscal space will be complemented by the ongoing debt restructuring with a focus on spreading the sovereigns liquidity needs and reducing the overall cost of debt,” NCBA Market Research notes. “Even then, fiscal discipline will be crucial for sustaining confidence in overall fiscal management,” they add. On the other hand, National Treasury’s statement of actual revenues and net exchequer issues as at 31st January 2021, total…
Tourist arrivals through all points of entry to Kenya dropped by 71.5 per cent to 439,447 visitors last year from 1.54 million in 2019. Data from the Kenya National Bureau of Statistics (KNBS) shows that the country recorded a near-total collapse of international arrivals occurred between April to July due to travel restrictions. However, Kenya recorded a gradual growth in arrivals since the resumption of international flights on Aug.1, registering 14,049 arrivals in August, 26,018 in September, and 39,894 in October respectively. According to the data, the total number of international arrivals through Jomo Kenyatta International Airport (JKIA) and Moi…
Kenya Airways Cargo has resumed direct freighter flights between Nairobi and New Delhi. The airline said its first uplift from New Dehli included pharma, machinery, and general merchandise. “We are pleased to keep your cargo moving once per week from India to Africa,” KQ said Monday. https://twitter.com/KenyaAirways/status/1363743493387149314 “The resumption of direct weekly cargo flights from Nairobi to New Delhi, is an indication of the integral part KQ plays in providing logistics solutions to our customers based on our robust world-class handling infrastructure and strong network footprint in Africa,” said Dick Murianki KQ Cargo Director adding that KQ Cargo will continue…
The United Kingdom parliament has warned that the British government’s new bilateral trade agreement with Kenya could undermine the East Africa Community (EAC) regional integration initiative. According to the Parliament’s International Agreements Committee report , the deal will have disruptive political and economic impacts on the EAC trading bloc. As a result, it resolved to delay ratification of the agreement – initially scheduled for February 10 – for another three weeks to allow for a deeper scrutiny. “Kenya’s divergence from the EAC’s common external tariff could have political and economic implications for the coherence of the EAC as a regional…
Elsa Majimbo has become a partner with a top Italian fashion company where she will collaborate with the fashion house on a special project. Maison Valentino, the Italian fashion house on Friday said it will collaborate with the 19-year old Kenyan in a ‘special project’. “Valentino is proud to announce a special project with writer, actor and comedian Elsa Majimbo (@ElsaAngel19), culminating into a soon-to-be-released collaboration,” the company announced on its social channels. https://twitter.com/MaisonValentino/status/1362794321305497605?s=20 The Maison Valentino plays a major role in the luxury division through tradition and innovation, a necessary combination for a creative industry that generates a sense…