The Trading Room

Chairman of The United States Federal Reserve Bank; Jerome Powell

Kenyan parliamentary committee has rejected a request from the finance ministry to scrap the cap on commercial interest rates imposed by lawmakers in 2016, a document seen by Reuters on Wednesday showed. The Finance and...

Safaricom Plc bought more shares in it's EPSAP plan, bringing the total holding of the Telco by executives to 32.2 million units with a current market value of Kes 875 million. Regulatory filings for July...

The study, carried out by former Central Bank of Kenya (CBK) governor Njuguna Ndung’u shows that Safaricom’s control of a large proportion of the mobile money market gives it incentive to restrict access to competitors....