Forex trading in Kenya – Strategies, tips and trustworthy brokers
Forex Trading in Kenya is winning over an increasing number of people. Whether it’s a couple of hundred or thousand dollars, it’s become more accessible to Kenyans to invest in [...]
Kenya’s National Debt Rises Sharply as Shilling Falls
Kenya’s national debt has increased by KSh 382.6 billion over the past one year because of the rapidly weakening shilling which has depreciated by 23% against the dollar in that [...]
Parliamentary Committee Wants External Loans Channeled to Export Driven Projects
The Public Debt and Privatisation Committee wants external borrowing to be guided by projects that promote export-driven production to address forex exchange imbalances. The Committee’s review of sectors financed by [...]
CMA Directs Online Foreign Exchange Brokers to Enhance Disclosure Mechanisms
The Capital Markets Authority (CMA) has released new guidelines directing online foreign exchange brokers to enhance disclosure mechanisms, promote transparency and ensure investor protection. To mitigate therisks and losses associated [...]Kenyans Abroad Remit USD354.3million in August
The United States of America remains largest source of remittances into Kenya, accounting for 54 per cent in August 2023. Remittance inflows in August totaled USD354.3million compared to USD310.5million in [...]CBK Restricts Sale of Foreign Exchange to USD 100,00
The Central Bank of Kenya has issued new orders in the foreign exchange market targeting the activities of Money Remittance Providers (MRPs). In a banking circular, Central Bank of Kenya [...]Hisa Partners with INGOT Brokers to Open up Global Markets to Kenyan Traders
INGOT Africa Ltd (INGOT Brokers), a leading regulated brokerage firm, is pleased to announce its newest partnership with Hisa, a renowned trading app in Kenya. The partnership was launched on [...]Kenya Receives US$ 345.9 Million As Diaspora Remittances in June
Kenya posted an increase in foreign remittance inflows in June 2023 to US$ 345.9 million compared to US$ 326.1 million in June 2022, an increase of 6.1%. Latest figures from [...]SPONSORED; Best Forex Brokers with MPESA in Kenya
There are only 7 forex brokers in Kenya who accept MPesa according to our research. Most of these forex brokers are regulated by the CMA except for a few. For [...]Forex Trading in Kenya: Opportunities, Risks, and Regulations
Forex trading is regulated in Kenya by the Capital Markets Authority (CMA).Investing in Forex During Rising Interest Rates.
As an investor, it is essential to consider the impact of rising interest rates on various asset classes. With the Federal Reserve Bank of the United States due to issue [...]Forex Trading During Inflation times.
Investors in Kenya are constantly looking for investment opportunities that can protect their wealth from the adverse effects of inflation.
