Kenya’s trade minister holds talks with US counterpart in Washington to address volatile business outlook
Citi Bank, NASDAQ, Cigna Healthcare, Siemens Healthcare, Vantive, American Tower Corporation, Tidal Basin Advisors, BowerGroup Asia and the Burns Brothers were among the companies represented at the session, where discussions explored opportunities in healthcare, digital trade, renewable energy-powered data centres, and infrastructure.
Ratings agency Moody’s warns Kenya’s debt costs are sky-high as government leans of domestic money market
Kenya will hold another round of talks with IMF officials in September in a bid to clinch the programme, the central bank chief Kamau Thugge said last month.
World financial markets jittery as investors are jolted by US job cut reports as recession looms
A report on Friday showing hiring by US employers slowed last month by much more than expected followed weak reports on manufacturing and construction and stoked fears the US economy was finally bending under the pressure of high interest rates. Investors worldwide sold stocks and moved to the safety of bonds, pushing bond yields sharply lower.
