Duncan Miriri

Nairobi

Correspondent at Reuters

Reuters correspondent. Rts not endorsements.

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Articles

Analysis-Oil price drop turns up heat on emerging market crude exporters

1 week ago | ca.finance.yahoo.com | Duncan Miriri |MacDonald Dzirutwe

By Duncan Miriri and MacDonald Dzirutwe NAIROBI/LAGOS (Reuters) -A steep drop in crude oil prices largely due to U.S. President Donald Trump's tariffs will squeeze budgets of emerging market oil exporters, analysts said, while the potential economic slowdown could also curb any benefits for importers.
Kenya pivots to China, away from France for 1.3-billion euro highway deal

1 week ago | ca.marketscreener.com | Duncan Miriri

NAIROBI (Reuters) - Kenya will terminate a 1.3-billion euro highway expansion deal with a consortium led by France's Vinci SA with the project expected to go to a Chinese contractor instead, government officials and sources said. The deal to turn 140 km (87 miles) of single-lane road into a multilane highway linking the capital Nairobi to the Rift Valley city of Nakuru was signed in Paris in 2020 during a visit by then-President Uhuru Kenyatta.
Drop in riskier emerging market bonds stokes concerns over market access

2 weeks ago | msn.com | Colleen Goko |Duncan Miriri

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Drop in riskier emerging market bonds stokes concerns over market access

2 weeks ago | marketscreener.com | Colleen Goko |Duncan Miriri

JOHANNESBURG/NAIROBI (Reuters) -International debt issued by small emerging economies generally viewed as riskier by investors suffered another sharp drop on Wednesday, raising concerns about the countries' ability to borrow in future as a growing trade war blasted U.S. markets.
Key issues for investors in Gabon's presidential election

2 weeks ago | zawya.com | Duncan Miriri

Nairobi: Voters in Gabon will go to the polls on Saturday in a presidential election as the country's junta leader seeks democratic legitimacy after taking power in a 2023 coup. WHO IS RUNNING IN THE ELECTION? Brice Oligui Nguema faces seven other candidates, including Alain Claude Bilie By Nze, former prime minister in the ousted government, who is his main challenger.
Small Emerging Market Dollar Bonds Resume Selloff, Pakistan Drops More Than 6 Cents

2 weeks ago | money.usnews.com | Colleen Goko |Duncan Miriri

By Colleen Goko and Duncan MiririJOHANNESBURG/NAIROBI (Reuters) - International bonds issued by smaller, riskier, emerging economies suffered another sharp selloff on Wednesday after President Donald Trump's eye-watering 104% tariffs on China took effect, re-igniting turmoil across global markets. Pakistan's longer-dated dollar-denominated bonds tumbled more than 6 cents to be bid below the 70-cent threshold where debt is seen as distressed, Tradeweb data showed.
Bright young things: What teen skin needs now for a complete evolution

2 weeks ago | bizcommunity.com | Karabo Ledwaba |Danette Breitenbach |Katja Hamilton |Duncan Miriri

2 days7 days30 daysBy Industry Show moreAdvertise your job vacancies The science of the teenager is something many a parent is working hard to uncover. From parenting podcasts to following IG therapists, understanding your youngster seems like a 9-to-5 in itself. And that’s just their emotional wellbeing. Another facet of their health which shouldn’t be left undiscovered (nor underserved) are their skins.
Kenya Airways records profit after more than a decade of losses

4 weeks ago | bizcommunity.co.ke | George Obulutsa |Alexander Winning |Alison Williams |Duncan Miriri

2 days7 days30 daysBy Industry Advertise your job vacancies Kenya Airways said on Tuesday that it had made a pretax profit last year after more than a decade of losses, helped by foreign exchange gains. Kenya Airways planes are seen through a window at the Jomo Kenyatta international airport in Nairobi, Kenya, 1 August 2020.
Kenya seeks new IMF loan deal, says no disagreements with fund

1 month ago | timeslive.co.za | Duncan Miriri

Kenya's finance minister John Mbadi says the country has no problems with the IMF. File photo. Kenya has applied for a new lending programme from the International Monetary Fund (IMF) that will factor in unused money from the programme which both sides walked away from last week, finance minister John Mbadi said on Monday. The East African nation and the IMF agreed last week to ditch the ninth and final review of the programme set to expire next month, sending Kenya's dollar bonds lower.
Kenya missing final IMF review could delay other cash

1 month ago | marketscreener.com | Libby George |Duncan Miriri

LONDON (Reuters) - Missed disbursements from the International Monetary Fund complicate the Kenyan government's strategy of lowering its debt-servicing costs and could delay other funding, ratings agency S&P said on Monday. Kenya and the International Monetary Fund agreed last week to skip the ninth and final review of the current programme, leaving roughly $800 million on the table.