Topic: Forex

Higher fuel and forex charges expected to push up electricity bills this month

By Macharia Kamau   2024-08-12 19:54:40

Electricity costs are set to go up this month following upward adjustments in fuel and foreign exchange costs.

Mobile money boosts forex trading growth in Kenya, experts say

By David Njaaga   2024-08-06 17:12:15

Kenya is witnessing a surge in forex trading as mobile money services transform the country's financial landscape.

Ethiopia gets IMF relief after easing its forex curbs

By AFP   2024-07-30 19:48:12

Africa’s second most populous country is pinning its hopes on a rescue package of at least $10.5 billion (Sh1.37 trillion) from external lenders including the IMF.

Fake forex fortunes giving youth wrong wealth ideas

By The Nairobian Reporter   2024-06-18 15:06:02

There's a troubling trend: young people flaunting seemingly successful forex trading careers online.

Kenyan forex traders face dream and reality gap, experts say

By Gerard Nyele   2024-05-18 19:09:16

Forex trading in Kenya is evolving from a part-time engagement into a full-fledged profession.

Reprieve as Kenya's forex buffer ups by Sh51b on IMF loan boost

By Harold Ayodo   2024-02-04 19:57:16

Foreign exchange reserves are largely tapped for government payments such as servicing external debts and essential government imports such as medicines.