Kenya’s government has returned to the domestic debt market with a new push to raise KSh 50 billion through the issuance of long-term Treasury bonds, underscoring the growing importance of local financing in funding the national budget. Acting in its role as the state’s fiscal agent, the Central Bank of Kenya (CBK) has announced the […]
Kenya has received a cautiously positive signal from global credit markets after Moody’s Investors Service upgraded the country’s sovereign credit rating, citing stronger external liquidity, reduced near-term refinancing risks, and improved macroeconomic stability. The agency raised Kenya’s rating to B3 from Caa1 and revised the outlook to stable, indicating a lower probability of default in […]
Kenya’s public finance strategy is entering a decisive phase. Facing mounting debt pressures, volatile global markets, and constrained access to foreign financing, the government of William Ruto has signalled a major shift in how it plans to fund its budget deficits over the coming years. According to the latest Medium Term Debt Management Strategy (MTDS), […]
Kenya’s government is preparing for a significant recalibration of its debt-financing strategy, with domestic borrowing set to take centre stage in funding the budget deficit over the medium term. The shift, outlined in the National Treasury of Kenya’s draft Medium Term Debt Strategy (MTDS) for 2026, reflects a deliberate effort to rein in borrowing costs, […]
Trading activity at the Nairobi Securities Exchange (NSE) remained heavily concentrated in a handful of blue-chip counters in the final quarter of 2025, with Safaricom once again emerging as the market’s liquidity anchor. At the same time, strong demand in the government bond market and steady activity in corporate debt highlighted a financial system still […]
After more than a decade of muted initial public offering (IPO) activity, the Nairobi Securities Exchange (NSE) is embarking on a bold strategic shift aimed at reshaping how Kenyans access and participate in the capital markets. At the heart of this transformation is a mobile-first strategy designed to integrate stock trading with the country’s dominant […]
The Nairobi Securities Exchange (NSE) opened 2026 with a steady and broad-based advance, defying a cautious global backdrop marked by geopolitical tensions, volatile energy markets, and mixed signals from major economies. Equity indices closed January at their strongest levels this year, underpinned by gains in large-cap stocks, improving valuations, and renewed confidence among domestic investors. […]
The White House is set to host senior executives from the banking and cryptocurrency industries this week in an effort to revive landmark digital-asset legislation that has stalled amid sharp disagreements between the two sectors, according to people familiar with the matter. The meeting, convened by the White House’s crypto council, will bring together representatives […]
Blockchain data has revealed the sudden re-emergence of a long-dormant Ethereum whale, igniting fresh debate across the crypto market about intent, timing, and potential market impact. After nearly a decade of inactivity, a single Ethereum address transferred 50,000 ETH—worth approximately $145 million at prevailing market prices—to the Gemini exchange. The transaction immediately captured the attention […]
Kenya’s domestic debt market has delivered a clear message: investor appetite for government securities remains strong, even as the country navigates fiscal pressure, elevated debt levels, and a shifting interest-rate environment. That message was underlined by the successful conclusion of a 15-year Treasury bond switch auction conducted by the Central Bank of Kenya (CBK), in […]
The Government of Germany, in partnership with the Government of Kenya and the United Nations High Commissioner for Refugees (UNHCR),...
The United Arab Emirates is positioning itself for another year of impressive economic expansion, with government projections indicating that the...
The Republic of South Africa has officially acceded to the Establishment Agreement of the African Export-Import Bank (Afreximbank), marking a...
The Nairobi Securities Exchange has entered uncharted territory as Safaricom's newly launched Ziidi Trader platform triggers unprecedented retail participation, fundamentally...
