Moses Kuria, a former Cabinet Secretary, has issued a stern warning about the potential depreciation of the Kenyan shilling to Ksh170 against the US dollar within the next 19 days. He points to economic fundamentals, high interest rates, and the country's trade balance as contributing factors. Kuria calls for immediate economic policies to stabilize the shilling.
Read MoreFacing mounting economic pressures, Kenya's Treasury has revised its borrowing target to Sh597 billion for the 2024/25 financial year, up from Sh570 billion. This decision, outlined in the Finance Bill 2024, aims to address the budget deficit and fund development projects despite concerns about the country's debt levels.
Read More
Dire Warning: Kenyan Shilling Could Plunge to Ksh170 Per US Dollar, Says Moses Kuria
Vinicius Jr Surpasses Lionel Messi's Historic Record in UEFA Champions League
Disney Star Skai Jackson Arrested for Misdemeanor Spousal Battery Amid Alleged Domestic Dispute
Impact of FSHR Ser680Asn Genotype on Ovulation Outcomes in ART Cycles: A Comprehensive Pilot Study
Kenya Clears Worldcoin for Iris-Scanning Operations After Year-Long Probe
