The Kenyan shilling firmed against regional currencies, appreciating against the Ugandan shilling while remaining stable ...
The Kenyan shilling has strengthened against the US dollar following a boost in the country’s foreign exchange reserves, ...
Nsubuga said offshore market players also remained on the sidelines, allowing the local unit to move calmly throughout the ...
The Kenyan shilling strengthened to its best level of 2025 in December, with the US dollar dipping below KSh 129 on the back ...
A combination of central bank interventions and a surge in export earnings has helped stabilise the Tanzanian shilling, ...
NAIROBI, Kenya, Dec 10 - Central Bank of Kenya (CBK) governor Kamau Thugge has reiterated that Kenya’s exchange rate remains fully market-driven, pushing Kenya breaking news | Kenya news today | ...
Then came Rizon, a Delaware-based neobank, that lets users pay through stablecoins, cryptocurrencies typically pegged to the US dollar. Now, with a few taps on his phone, Ismael settles his bills and ...
Local traders are increasingly using stablecoins to pay for imports, while Kenyans in the diaspora are wiring money home ...
Uganda’s business confidence rose from 117.9 points between April and June 2025 to 125.6 points during the July-September ...
THE Bank of Tanzania (BoT) has injected 15m US dollars into the Interbank Foreign Exchange Market (IFEM) in a move aimed at easing liquidity pressures and supporting stability in the foreign exchange ...
Kenya has been ranked as the world’s fifth-largest market by cryptocurrency transaction volumes as stablecoin use increases, highlighting the growth of digital asset adoption. Stable coins are digital ...
NAIROBI, Kenya, Dec 9 - The Central Bank of Kenya (CBK) has cut its benchmark lending rate by 25 basis points to 9 percent, marking its second consecutive Kenya breaking news | Kenya news today | ...