Fitch Ratings has assigned Kenya’s upcoming US dollar denominated senior unsecured notes an expected rating of ‘B+. “The expected rating…
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The latest business and financial market news and analysis from East Africa and the Continent.
Uganda has announced the second round of competitive bidding for five oil exploration blocks in its Albertine Graben region by…
Kenya has announced a roadshow for a dual-tranche Eurobond (12- and 31-year paper) to raise Ksh250 billion for both bonds.…
Debt-laden ARM Cement PLC (NSE:ARM) application to delay the release of its results for the financial year 2018 has been…
A report by Amana Capital reveals that Kenya has been maintaining a managed shilling rather than a free-floating currency. This…
The Kenyan manufacturing industry economy stagnated by 60% more than expected in the first quarter of 2019 attributed to ‘rampant…