In East Africa
Jul 3rd, 2012
The Central Bank of Kenya has granted Bank of China a license to open a representative office, a likely first step towards a full operation in east Africa, the central bank said on Tuesday. Foreign lenders have been looking to set up operations in Kenya where collective industry profit jumped 20.4 pe...
May 10th, 2012
The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Thursday. - – - – - EVENTS: KENYA – Central Bank of Kenya auctions 91-day Treasury bills worth 2 billion shillings ($24.00 million). ...
Jan 18th, 2012
NAIROBI, Kenya, January 18, 2012/African Press Organization (APO)/ — On December 9, 2011 the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Kenya.1 Background Kenya’s economy has continued to expand, but high inflation and exchange rate...