Morning Note: Of Markets & Recession
China moved again to cushion its economy, cutting a key medium-term interest rate to record lows and paving the way for a similar reduction in benchmark loan rates.
Read moreDetailsChina moved again to cushion its economy, cutting a key medium-term interest rate to record lows and paving the way for a similar reduction in benchmark loan rates.
Read moreDetailsTrading activities on secondary Bond market at the Nairobi Securities Exchange opened the week with a rise in activities, with bonds worth Kes 1.88 Billion transacted in 25 deals, as compared to Thursday’s turnover of Kes 536 Million...
Read moreDetailsAnalysts estimate that 76 of the world’s poorest nations, which are eligible to receive the bank’s International Development Association (IDA) funding, are due to make repayments of about $40bn to external creditors this year. Of...
Read moreDetailsAs losers & gainers continue to emerge, Safaricom still takes the lead in firms gaining ground during this pandemic. The company's Chief Executive Peter Ndegwa said their home fiber service reported a 40 percent traffic...
Read moreDetailsThe major Asia-Pacific stock indexes are trading lower on Monday as traders digest the OPEC+ production cut deal and the latest news about the coronavirus pandemic. Volume is light with most of the world coming...
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