Weekly Commentary – 21st August 2020

Foreign Exchange Reserves. The CBK’s usable foreign exchange reserves slightly declined but remains adequate at USD 9.18 bn (5.61 months of import cover). This meets CBK’s statutory requirement to endeavour to maintain at least 4.0 months of import cover, and the EAC region’s convergence criteria of 4.5 months of import cover.

Investment Survey – Q2 2020

Performance review for the second quarter of 2020. The average return achieved by the 373 pension schemes with total fund value of about Ksh 716 Billion (excluding property) participating in the survey was 4.1% compared to 2.3% in the previous quarter.

Weekly Commentary – 24th July 2020

Foreign Exchange Reserves. The CBK’s usable foreign exchange reserves slightly declined for the second week in a row to stand at USD 9.42 bn (5.72 months of import cover). This meets CBK’s statutory requirement to endeavour to maintain at least 4.0 months of import cover, and the EAC region’s convergence criteria of 4.5 months of import cover.

MTPL – INSURANCE INDUSTRY PRACTICES IN KENYA

MTPL – INSURANCE INDUSTRY PRACTICES IN KENYA

The PSV sector has experienced significant setbacks in that a number of PSV underwriters have become unable to pay claims and thereby been put under statutory administration.

Weekly Commentary – 17th July 2020

Foreign Exchange Reserves. The CBK’s usable foreign exchange reserves slightly declined from the previous week to stand at USD 9.67 bn (5.87 months of import cover). This meets CBK’s statutory requirement to endeavour 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 – 10th July 2020

Foreign Exchange Reserves The CBK’s usable foreign exchange reserves slightly declined from the previous week to stand at USD 9.70 bn (5.83 months of import cover). This meets CBK’s statutory requirement to endeavour 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 – 3rd July 2020

Foreign Exchange reserves.
The CBK’s usable foreign exchange reserves soared from the previous week to stand at USD 9.72 bn (5.84 months of import cover). This meets CBK’s statutory requirement to endeavour to maintain at least 4.0 months of…

Monthly Market Commentary – June 2020

The Monetary Policy Committee (MPC) met on June 25, 2020 and for the second time retained the base lending rate at seven percent. Citing the impact of the continuing global COVID-19 (coronavirus) pandemic,
and measures taken by…

Weekly Commentary 19th June 2020

Foreign Exchange reserves. The CBK’s usable foreign exchange reserves remained adequate at USD 9.278 billion (5.58 months of import cover) but declined from the previous week level of USD 9.302 billion(5.59…

Weekly Commentary – 12th June 2020

Foreign Exchange reserves. The CBK’s usable foreign exchange reserves soared from the previous week to stand at USD 9.30 bn (5.59 months of import cover). This meets CBK’s statutory requirement to endeavour…