Annual bond turnover surged by 42% in 2016 to reach KSh434.7bn ($4.2bn), up from KSh306.2bn ($3bn) in 2015. The highest trading level was recorded in the second quarter, at KSh144.2bn ($1.4bn), on the heels of significant government security redemptions and government borrowing over the period. The heightened activity coincided with the “...
The Kenyan ICT sector has registered substantial growth over the years. In 2015 it contributed 0.9% to GDP. Telecoms continues to be an epicentre of growth, as witnessed in 2016. There has been enormous growth in the mobile communications industry, which has been a game changer.
What impact have macroeconomic headwinds had on foreign participation in the Nairobi Securities Exchange (NSE)?
A young population with rapidly rising purchasing power forms a solid base from which the Kenyan insurance market can grow. While penetration remains relatively low, it is in line with most countries in the region and creates a welcoming, innovative environment for industry players. In 2016 Kenya was ranked as one of Africa’s most mature...
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