Charles Mwaniki

Inflation fell to a 17-year low of 2.7 percent in October on falling food, cooking gas and fuel prices, a relief for homes plagued with reduced pay.

Listed power firms KenGen and Kenya Power cut their borrowings by at least Sh48 billion in the year to June 2024, helped by the shilling's appreciation in the forex market against the dollar and the euro.

Bamburi is the subject of two competing takeover offers from Tanzanian conglomerate Amsons Group and Kenyan company Savannah Clinker, which were announced on July 10 and August 27 respectively.

The chain's total assets shrunk by 0.6 percent in the period to Sh31.57 billion, while liabilities declined by 1.3 percent to Sh24.65 billion, giving it a net book value of Sh6.92 billion.

In a country report on Kenya following the seventh and eight reviews of its medium-term funding programme, the IMF says it sees lingering inflationary risk in a low-rate environment.

The private sector depends on loans from banks to fund new investments and support consumption—key ingredients in expanding GDP.

Grea is jointly owned by Mauritian multinational Grit Real Estate Income Group Limited (Grit) and South Africa's state-owned PIC, which manages funds for a number of public sector pension funds. PIC also controls over 10 percent of the listed investments at the Johannesburg Stock Exchange (JSE).

Pension funds tend to have large exposure to fixed income assets such as risk-free government bonds and fixed deposits, owing to their largely conservative in their investment approach.

United States President-elect Donald Trump's promise to introduce heavy tariffs on imported goods and deport millions of migrant workers is likely

Workers and retirees eye benefits from pension tax