Dollar
‘You’ll suffer losses’ – Gachagua warns traders hoarding dollars as shilling gains
Reading Time: 2 minutes Deputy President Rigathi Gachagua has once again cautioned traders hoarding dollars to exchange them or risk incurring huge losses as […]
Shilling hits record low against dollar
Reading Time: < 1 minute HEADWINDS: Shilling sank to a record low on Friday as political headwinds, inflation and high debt burden weigned in, before […]
Households feel pinch as shilling woes persist
Reading Time: 2 minutes Kenyans are spending more on commodities as a weaker shilling increases the cost of importation which spikes inflation. Being a […]
Kenya spends half of exports income to service foreign debt
Reading Time: 3 minutes Almost half of Kenya’s earnings from exports goes towards servicing foreign debt, leaving the balance to take care of future […]