The Trading Room

Despite those calls by KBA, the balance of evidence points that CBK MPC will hold the current Central Bank Rate at 8.75.

Thakrar, who led WPP Scangroup for many years before stepping down in 2021, framed his campaign around five consecutive years of losses and a 62 percent decline in the company’s share price since his exit.

Global oil prices fell on Tuesday, with Brent crude near $93.5 and WTI at $88.7 per barrel. Easing Iran–Israel tensions, OPEC+ output changes, and Strait of Hormuz risks continue to drive volatility in energy markets.

The Nairobi Securities Exchange (NSE) closed the week on a positive gain with broad-based gains recorded across major indices. The Nairobi All Share Index (NASI) closed at 210.37 points, up 2.3% from the preceding week,...

The Central Bank of Kenya (CBK) Treasury Bills Auction in week 23 posted a strong performance, attracting applications worth more than double the target amount. The CBK received bids worth KES 54.6 billion against an...