The reading was the lowest seen since the lockdown-hit period in April 2021.
Author: Muindi
Kenya is in breach of East Africa’s FX reserve policy, where members are expected to have above 4.5 months of import cover at all times.
This is the third month the inflation rate is outside the government’s targeted band of 2.5% to 7.5%.
The deal comes from KCB’s acquisition of Rwanda’s Bank Populaire Du Rwanda (BPR) in 2021.
The customer pilot in Dire Dawa will be on 2G, 3G and 4G networks
In 2021, Massmart Holdings Ltd discontinued its businesses in Nigeria and East African markets.

