Victor Amadala

3 days ago | the-star.co.ke | Victor Amadala

Banking stocks continue to attract investors eying hefty dividends from anticipated profits in the first quarter of 2025. Stock market analysts reported growing interest by investors in Cooperative Bank, Absa, KCB, DTB and Equity Holdings. There was reduced activities on Stanbic Bank counter, a day after being among least gainers at the Nairobi Securities Exchange (NSE) on the day it released Q1, 2025 results.

6 days ago | the-star.co.ke | Victor Amadala

National Treasury CS John Mbadi /FILEKenya will borrow more than Sh45.1 billion, an amount higher than what was earlier anticipated  to fund the budget for the new financial year starting July 1. In the initial budget estimates, the National Treasury had projected a budget deficit of Sh831 billion with plans to borrow Sh684.2 billion from the domestic market and Sh146.8 billion from external markets. Help us continue bringing you unbiased news, in-depth investigations, and diverse perspectives.

6 days ago | the-star.co.ke | Victor Amadala

Customers shopping at a local supermarket /FILEThe cost of medicine, milk and sugar will, after all, not goup after the government made swift changes to the draft Finance Bill, 2025, approved by the Cabinet last week. This is premium contentSubscribe to Continue ReadingHelp us continue bringing you unbiased news, in-depth investigations, and diverse perspectives. Your subscription keeps our mission alive and empowers us to provide high-quality, trustworthy journalism.

1 week ago | the-star.co.ke | Victor Amadala

Exports growth, largely driven by re-exports of kerosene-type jet fuel to neighbouring countries, saw Kenya cut on trade deficit in 2024, which played a major role in stabilising the shilling. The local currency, which held strong against major international legal tenders, averaged 129.45 units during the year under review against the US dollar after falling to an all-time low of 160.18 units against the greenback on January 12, 2024.

1 week ago | the-star.co.ke | Victor Amadala

In SummaryThis perhaps explains why households registered a decline of 1.5 percent in the overall consumer-spending index during the year under review, according to the ILAM Consumer Spending Index. Retail business sales trends remained flat between the first and second quarters of 2024, but large and medium-sized businesses saw an improvement in sales during the second quarter.