Weekly Commentary – 14th January 2022

The CBK’s usable foreign exchange reserves remained adequate at USD 8,764 million (5.36 months of import cover). This meets CBK’s statutory requirement to endeavor to maintain at least 4.0-months of import cover, and the EAC region’s convergence criteria of 4.5-months of import cover.

Weekly Commentary – 7th January 2022

The CBK’s usable foreign exchange reserves remained adequate at USD 8,765 million (5.36 months of import cover). This meets CBK’s statutory requirement to endeavor to maintain at least 4.0-months of import cover, and the EAC region’s convergence criteria of 4.5-months of import cover.

Monthly Market Commentary – December 2021

During the month, the CBK’s usable foreign reserves declined by 4.77% to stand at USD 8.74 billion (5.34 months of import cover). However, this meets the CBK’s statutory requirement to endeavor to maintain at least 4 months of import cover, and the EAC region’s convergence criteria of 4.5 months of import cover.

Weekly Commentary – 17th December 2021

The CBK’s usable foreign exchange reserves remained adequate at USD 8,643 million (5.28 months of import cover). This meets CBK’s statutory requirement to endeavor to maintain at least 4.0-months of import cover, and the EAC region’s convergence criteria of 4.5-months of import cover.

Pension Scheme Survey Performance – Q3, 2021

Performance review for the current quarter, the average return achieved by the 421 pension schemes with total fund value of about Kshs. 890 Billion (excluding property) participating in the survey was 3.4% compared to 5.4% in the previous quarter. This lower return was largely due to the decline in offshore performance attributable to inflation concerns and supply shortages coupled with increased demand.

INVESTING IN INFRASTRUCTURE FOR PENSION SCHEMES

INVESTING IN INFRASTRUCTURE FOR PENSION SCHEMES

Pension schemes around the world are always looking for the best investment returns, and they’re always looking for profitable and significant investment possibilities. The main aim of any pension scheme is to deliver good retirement security to its members through investment and management decisions. This article aims to inform various stakeholders on investing in infrastructure as an alternative asset class that offers unique and rewarding investment opportunities for pension schemes.

Pension Scheme Survey Performance – Q3, 2021

Performance review for the fourth quarter of 2020. For the current quarter, the average return achieved by the 417 pension schemes with total fund value of about Kshs. 841 Billion participating in the survey was 3.0% compared to 2.5% in the previous quarter. This is an improvement despite the negative impact of the Covid-19 pandemic on the performance of the schemes.

Monthly Market Commentary – November 2021

During the month, the CBK’s usable foreign reserves declined by 4.77% to stand at USD 8.74 billion (5.34 months of import cover). However, this meets the CBK’s statutory requirement to endeavor to maintain at least 4 months of import cover, and the EAC region’s convergence criteria of 4.5 months of import cover.

Weekly Commentary – 29th November 2021

The CBK’s usable foreign exchange reserves remained adequate at USD 8,773 million (5.36 months of import cover). This meets CBK’s statutory requirement to endeavor to maintain at least 4.0-months of import cover, and the EAC region’s convergence criteria of 4.5-months of import cover.