Kenya has  recorded a 10.7 % rise in remittances from US$2,796 million in 2019 to a record high of US$3,094 million in 2020.

Biden’s pick for Treasury Secretary, Janet Yellen, is expected to rule out seeking a weaker dollar when testifying on Tuesday, the Wall Street Journal reported.

The report further stated that the general insurance business remained the largest contributor to the industry insurance premium.

The derivatives market of the NSE posted a moderate decline in activities, with 8 contracts concluded valued at Kes 295,200 as compared to the 12 contracts valued at Kes 445,000 achieved in the previous trading...

Mainland Chinese stocks were higher on the day, with the Shanghai composite up 0.84% to 3,596.22 while the Shenzhen component advanced 1.58% to 15,269.27. The Hang Seng index in Hong Kong rose 0.87%, as of its final hour of trading.