Topic: dollar
KBA lauds economic stewardship as the Shilling rallies on investor confidence
Feb 16, 2024 at 01:01 PM
The Kenyan shilling experienced a significant strengthening against the US dollar today, closing at an average price of Sh145 per dollar and Sh148 per dollar, a notable gain from r...
Weaker shilling boosts Kenya's economic prospects, the Central Bank now says
Oct 31, 2023 at 04:39 PM
The Central Bank of Kenya (CBK) has emphasized that a weaker shilling against the American dollar is advantageous for the country's economy, highlighting the potential benefits of ...
Nation Media Group issues significant profit warning amid economic challenges
Oct 26, 2023 at 03:20 PM
Kenya's leading media conglomerate, Nation Media Group, has issued a cautionary statement, revealing a significant profit decline of at least 25 per cent....
Kenyans devastated as fuel prices hit record high in EPRA’s latest review
Oct 15, 2023 at 11:22 PM
The announcement by the Energy & Petroleum Regulatory Authority (EPRA) unveiling the revised maximum retail prices for petroleum products in Kenya has left many Kenyans devastated ...
Kenya Airways records historical net loss of Sh38.26 billion in 2022 financial year
Mar 28, 2023 at 11:32 AM
National carrier Kenya Airways (KQ) recorded a net loss of Sh38.26 billion in the financial year ended December, more than double the Sh15.87 billion loss reported in 2021....
Treasury PS Julius Muia says current dollar shortage in Kenya is artificial
Jun 08, 2022 at 10:11 AM
The National Treasury PS Julius Muia has said that the current dollar shortage in the market is just but an artificial creation by players in the forex exchange market....
Pwani Oil temporarily suspends operations at Kilifi refinery
Jun 06, 2022 at 04:39 PM
Kenyan cooking oil manufacturer Pwani Oil Products Limited has announced that it is temporarily suspending operations at its refinery in Kilifi....
