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The protests, which have been led by young people and organised largely on social media, were initially sparked by a finance bill intended to raise 346 billion Kenyan shillings ($2.69 billion) in ...
On 14 September 1966, the Kenyan shilling replaced the East African shilling at par, although the latter was not demonetised until 1969. The Central Bank of Kenya issued notes in denominations of 5/=, 10/=, 20/=, 50/= and 100/=. All of the notes feature a portrait of Kenya's first prime minister and president, Jomo Kenyatta, on the front and ...
Ruto made a 10 day visit to the united states where he attended several events promoting Kenya and Kenyan businesses before he concluded his visit by attended the United Nations General Assembly. Between September 15–16, Ruto attended a business forum in the Silicon valley where he met with various tech executives.
Also, in many African currencies there have been episodes of rampant inflation, resulting in the need for currency revaluation (e.g. the Zimbabwe dollar). In some places there is a thriving street trade by unlicensed street traders in US dollars or other stable currencies, which are seen as a hedge against local inflation. The exchange rate is ...
Kenyan shilling: No. of listings: 65 [1] Market cap: KSh. 1,807.88 Billion/= 25 October 2024 [2] Volume: 5.8 billion units [3] (2016) 6.8 billion units (2015) Indices: NSE All Share Index NSE 20 Share Index FTSE NSE Indices FTSE NSE Kenya 15 Index FTSE NSE Kenya 25 Index FTSE NSE Kenya Govt. Bond Index FTSE ASEA Pan African Index: Website: NSE ...
Tens of thousands of people in Northern Kenya have lost livestock, farmland and homes due to the floods described by aid groups as the worst in 100 years. With death toll rising, Kenyan military ...
Pay issues and shortages of equipment and manpower have sapped morale among Kenyan police officers deployed to Haiti and hampered their ability to confront heavily armed gangs, four officers told ...
In October 2023, while responding to questions from a parliamentary committee on finance and national planning, CBK Governor Dr. Thugge said the decline in international reserves was caused by an overvaluation of the shilling against the dollar. [17] This was against the backdrop of a gradual reduction in import cover from 5.5 months to 3.7 months.