Search

Kenyan Shilling Continues to Slide

Allen dreyfus Logo
© Allen Dreyfus
  • Shilling hits lowest value in nearly two months, trading at 130.89 units to the dollar
  • Foreign investors sell off Kenyan equities, driving NSE to a three-month low

Nairobi, Kenya – Kenya’s shilling continues to lose value against the dollar while stock market prices also fall amid ongoing economic uncertainty.

Recent Business

Ethio Telecom CEO Frehiwot Tamru meets with Solomon Quaynor and senior AfDB officials. Photo: Ethio telecom/Facebook
Ethiopia’s Telecom empire redraws Africa’s digital sovereignty battle
Read More »
South Africa's manufacturing sector takes a dip. Photo by Sam Moghadam @ Unsplash
Is South Africa’s inflation surge warning Africa’s mineral-driven economies?
Read More »
The town of Mbandaka is a busy port on the banks of the Congo River in western DR Congo Photo: Oxfam via Creative Common
Why is Congo returning to the IMF after winning investors again?
Read More »

Recent Politics

French President Emmanuel Macron and Kenyan leader William Ruto at the Africa Forward Summit. Photo @William Ruto/Facebook
Can France win Anglophone Africa after Sahel influence collapse?
Read More »
French President Emmanuel Macron in Africa recently. Photo @Emmanuel Macron/Facebook
Will France’s €23bn Africa pledge finally deliver beyond summit diplomacy?
Read More »
Uganda opposition leader Robert Kyagulanyi, alias Bobi Wine. Photo: National Unity Platform/Facebook
What shapes the politics of Bobi Wine, Uganda’s “Ghetto President”
Read More »

Latest Posts

Latest news insights