Kenya

Having twice bounced off key support at KES80.00/US$, the Kenyan shilling has made a bullish break above four-month trendline resistance at KES78.50/US$ and is poised for further... 2008-12-11

The Central Bank of Kenya (CBK)'s surprise 50 basis points (bps) interest rate cut to 8.50% on December 1 is likely to make investors nervous at a time of heightened uncertainty,... 2008-12-02

The Kenyan shilling is currently trading sideways, broadly, but we believe it will soon make a decisive move - most likely weakening further. The currency traded at KES78.57/US$ at... 2008-11-25

BMI View: Kenya's ambitious plans to upgrade infrastructure domestically and across the East African region, will present compelling opportunities for fixed income investors. However,... 2008-11-14

Sub-Saharan African (SSA) equities remain on shaky ground, with the major stock markets - South Africa, Nigeria, Kenya and Mauritius - set for further falls. Since the beginning of... 2008-11-11

The Kenyan shilling weakened by 2.3% on October 13, and is now testing support at KES76.00/US$. On a daily chart, the currency is in oversold territory, suggesting it could be due... 2008-10-14

Our outlook for Kenya's Nairobi Stock Exchange-20 (NSE-20) equity index remains bearish, notwithstanding scope for a short-term rally. The market has now fallen by 28.7% since early... 2008-10-09

BMI View: Kenya's banking sector is set to suffer somewhat amid current macroeconomic headwinds, and we see scope for an increase in non-performing loans over the short term. Nevertheless,... 2008-10-09

The extreme volatility and uncertainty in international financial markets, combined with slowing global economic growth, continue to weigh heavily on sub-Saharan African (SSA) currencies.... 2008-10-08

East African currencies are suffering amid worsening global financial market turmoil and risk aversion, with the Kenyan, Tanzanian and Ugandan shillings all seeing losses in recent... 2008-10-07