Dollar

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 […]