Executive Summary As the year unfolds and resets, all eyes are on the fiscal space. A key point of concern remains the Finance Bill, which has gained significant traction over the past two years, especially in 2024. However, despite the aggressive increase in the additional revenues proposed by the bill, little has been accomplished, as…
Highlights Stock markets kicked off the week sharply lower after President Trump, in his usual unexpectedly expected fashion, stated that the U.S. would be implementing 25% tariffs on imports from the neighbouring Mexico and Canada, along with a 10% tariff on imports from China. However, the tariffs on Mexico and Canada were postponed by the…
Money Market Analysis In the money market, banks lent to each other at an average rate of 10.9%, representing a 32.61bps decline from the previous week’s average of 11.22%. This decline was primarily driven by the recent downward adjustment of the Central Bank Rate (CBR). However, trading activity slowed significantly, dropping by 35.8% to KES…
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