The Trading Room

The IMF loan will be used for budget support, bringing Kenya’s total disbursements for budget support so far to about US$1,208.2 million.

According to the AfDB, the loan will help Kenya significantly boost cereal and oil seeds production over the next two years.

Airtel and Telkom customers can now pay into Safaricom's MPESA pay bill numbers after the successful launch of the second phase of mobile merchants' interoperability. The service that was launched today will allow customers on...

Local non-bank financial services provider Sanlam Kenya has launched Flexi Hela, an innovative, flexible savings solution with a guaranteed return.

Oil is generally priced in U.S. dollars, so a stronger greenback makes the commodity more expensive to holders of other currencies. Investors also tend to view the dollar as a safe haven during market volatility.