Kenya

    Fitch Ratings has affirmed Kenya's Long-Term Foreign-Currency Issuer Default Rating (LTFC IDR) at 'B+' with a Stable Outlook.

    Kenya's central bank lowered its benchmark interest rate only weeks after a controversial limit on commercial banks' interest rates was scrapped, saying inflation expectations remain well anchored, the economy is operating below its potential level, and the continuing tightening of fiscal policy has made room for an accommodative monetary policy to support economic activity.

    More Articles …

    1. Kenya: Mobile-based bonds platform M-Akiba 2 raised KSh263 million, missed the KSh500 million target
    2. Fitch Ratings: Kenya Lending Rate Cap Weighs on Bank Earnings and Loan Growth
    3. Kenya Revenue Authority improves Capital Gains Tax collection
    4. Kenya: Treasury eyes Sh500m through mobile bond
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