@StandardMedia

KNBS data shows 50 per cent reduction in foreign investments and remittances

14 days ago, 23:12

By: Dominic Omondi

: Money flowing into the country more than halved during the election period, latest official data shows. The quarterly report on balance of payment by the Kenya National Bureau of Statistics shows the 50 per cent reduction in financial inflows occurred between July and September 2017, at the time Kenyans went to the polls. “Net financial inflows more than halved from a surplus of Sh67.6 billion in the third quarter of 2016 to a surplus of Sh27.7 billion in the third quarter of 2017,” said the n ...
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Category: business news

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@StandardMedia

KNBS data shows 50 per cent reduction in foreign investments and remittances

14 days ago, 23:12

By: Dominic Omondi
: Money flowing into the country more than halved during the election period, latest official data shows. The quarterly report on balance of payment by the Kenya National Bureau of Statistics shows the 50 per cent reduction in financial inflows occurred between July and September 2017, at the time Kenyans went to the polls. “Net financial inflows more than halved from a surplus of Sh67.6 billion in the third quarter of 2016 to a surplus of Sh27.7 billion in the third quarter of 2017,” said the n ...
Read More

Category: business news

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16 hours ago, 11:46
@BusinessDaily - By: Kiplagat Edwin
Ethiopian Airlines acquires 45pc stake in Zambia Airways

Zambia set to revival national carrier after more than two decades. ...

Category: business news corporate lifestyle economy opinion markets
14 hours ago, 13:09
@TheEastAfrican - By: Business Daily
Safaricom hits $11.7bn value in New Year rally

The company’s stock has risen 10 per cent in the first two weeks of the year. ...

Category: business topnews news
4 hours ago, 23:05
@StandardMedia - By: Macharia Kamau
8 firms in waiting to clinch oil pipeline tender

Prequalification of companies for design work sets the stage for construction scheduled for next year. ...

Category: business news
4 hours ago, 23:05
@StandardMedia - By: Dalton Nyabundi
Former employees of struggling retailer Nakumatt to open new Supermarket

The outlet, which is undergoing final preparations for the launch, will employ 20 former stewards and cashiers. ...

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