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Nairobi Securities Exchange CEO Geoffrey Odundo retires after nine years as CEO, making way for Frank Mwiti's appointment as new CEO effective May 1, 2024.
Kenya to sell 87.8-bln-shilling infrastructure bond in switch auction-
Kenyan shilling edges up on lacklustre demand for dollars Reuters 1 hr ago NAIROBI, April 13 (Reuters) - The Kenyan shilling strengthened against the dollar on Tuesday due to a sharp slowdown in demand for hard currency. At 0930 GMT, commercial banks posted the shilling at 106.80/107.00, slightly up from Monday's close of 107.00/20. The currency of East Africa's richest economy has been gaining over the past fortnight, thanks to positive sentiments created by the approval of a new financing line for the government by the IMF, amid higher dollar inflows. ..........................