kenya forex reserves Stories

Boost for Kenyan importers on adequate reserves and stable Shilling
Alfred Onyango  |  Nov 14, 2024

The latest weekly bulletin by the CBK shows the reserves stood at $9,323 million (Sh1.2 trillion at the current exchange rate), an equivalent of (4.8...

Forex investment scandal: Senior DCI officers accused of sabotage
Maureen Kinyanjui  |  Aug 15, 2024

What began as a promising financial opportunity soon spiralled into a disaster, leading to significant losses and a personal crisis.

Nakuru boy shot 11 times while buying medicine for ailing mother
Lucy Mumbi  |  Jul 08, 2024

Caroline Chepkoech, from Bondeni Estate in Nakuru East, nearly lost her son on June 27 during the protests against the Finance Bill, 2024.

Public outcry over CS Nakhumicha’s update on payment of protestors' medical bills
Maureen Kinyanjui  |  Jul 03, 2024

"Another fact check. We've been paying for Moi Referral Hospital, We're paying for Embu Level 5 and other public hospitals as well. Even people in Mba...

How fear of weight gain can lead to life-threatening eating disorders
Eastleigh Voice Reporter  |  Jun 28, 2024

According to research done by the Yale School of Medicine and the University at Albany, a relatively low number of adults with an eating disorder diag...

IPOA seeks witnesses to aid investigations into Rex Masai's fatal shooting
Lucy Mumbi  |  Jun 24, 2024

Masai, 29, died on Thursday evening from injuries sustained from a live bullet allegedly fired by police in Nairobi's Central Business District (CBD).

Finance Bill protests: Unions demand release of kidnapped doctor Austin Omondi
Lucy Mumbi  |  Jun 23, 2024

The Kenya Dental Association, the KMPDU and members of the public claim that Omondi, alias JaPrado, was taken by police officers for his involvement i...

NCCK calls for overhaul of controversial Finance Bill amid nationwide protests
Bashir Mohammed  |  Jun 22, 2024

He warned that ignoring public sentiment could precipitate a severe social crisis. “If you don’t listen to the people, you risk pushing this country i...

LSK condemns Rex Masai killing, arrest of content creators amid anti-Finance Bill protests
Barack Oduor  |  Jun 22, 2024

LSK President Faith Odhiambo said they had launched investigations to ascertain the extent of atrocities committed by police and were seeking to unrav...

Anti-Finance Bill protests continue next week despite crackdown
Mary Wambui  |  Jun 22, 2024

A poster on the planned activities shows the protests will enter the second week full of activity following the fatal shooting of 29-year-old Rex Kany...

United Green Movement joins protests against Finance Bill, condemns police brutality
Barack Oduor  |  Jun 21, 2024

They demanded that the police stop brutality on protesters who they described as peaceful. In their explanation, those demonstrating are doing it for...

Tougher month ahead for consumers as forex reserves continue to dwindle
Alfred Onyango  |  Jun 05, 2024

Data by the Central Bank of Kenya (CBK) shows the usable foreign exchange reserves stood at $6.97 billion (Sh911.8 billion), or just about 3.6 months...

Kenya plans to invest Sh13.1bn in key African financial institutions
Bashir Mohammed  |  May 30, 2024

The additional capital will also support the African Export-Import (Afrexim) Bank, headquartered in Cairo, and the Trade and Development Bank (TDB), b...

Stay ahead of the news! Click ‘Yes, Thanks’ to receive breaking stories and exclusive updates directly to your device. Be the first to know what’s happening.