Absa Bank Kenya records 15 per cent growth with Ksh17 billion net earnings
Absa Bank Kenya PLC Managing Director and CEO, Abdi Mohamed, stated that performance demonstrates the progress the bank is making in executing its strategic aspirations, while carefully navigating the dynamics in the operating landscape.
IMF visit to Kenya discussed reforms that could lead to a new programme
The East African nation’s $3.6 billion programme with the IMF expired earlier this year, and some officials have expressed interest in getting a new one that will include a lending component.
Back with begging bowl: Kenya will talk to IMF about new programme in Washington next week
Some financial analysts have said that Kenya needs a new loan deal from the Washington-based Fund to anchor its external debt repayments.
