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

Afreximbank staff led by Senior Executive Vice President, Denys Denya (in grey suit) with SMBC Nikko at Kanazawa Branch, Japan
Afreximbank raises $527mn in Japan as investor demand surges
Read More »
A flag of China. Photo by Bo Peng @ Unsplash
Is Africa becoming the new battleground for China and Asia’s minerals race?
Read More »
Tanzania President Samia Suluhu Hassan at her investiture. Photo @ Samia Hassan/Facebook
Tanzania faces funding freeze fears amid election backlash and ICC pressure
Read More »

Recent Politics

Tilembeya, Mopti, Mali. Photo by Kagou Dicko @ Unsplash
IMF backs Mali reforms despite insecurity and debt risks
Read More »
A public school in Port Harcourt, Nigeria. Photo by Emmanuel Ikwuegbu @ Unsplash
Nigeria shuts schools in northern region as mass kidnappings surge
Read More »
Yaoundé, Cameroon © Unsplash
Cameroon opposition leader Tchiroma flees to Gambia after disputed election
Read More »

Latest Posts

Latest news insights