The Trading Room

The derivatives market of the Nairobi Securities Exchange (NEXT) closed the last trading day of the week flat with no contracts concluded on the exchange.

World Bank is deploying up to $160 billion in financial support for developing countries over the next 15 months to help protect the poor and support businesses. On Wednesday the African Development Bank said it...

Absa Bank Kenya will cease to transact as an authorized foreign exchange dealer in the Kenyan market from Thursday, April 9, 2020, to Wednesday, April 15, 2020

The banking stocks are one of the most hit in Nairobi as stocks plummeted and have been struggling to remain stable. Co-op bank which closes it's books in a week's time has been seen as...

Fitch expects Kenya's general government debt to continue rising through FY22 to reach about 70% of GDP. This is higher than our pre-coronavirus forecasts, which saw debt peaking at 65% of GDP. As domestic Treasury...