Trends - Kenya - Business Recorder

Kenya

IMF approves $606m lending to Kenya

NAIROBI: The IMF said it has cleared $606 million in lending to Kenya as it struggles to pay off debts and boost...

Published 31 Oct, 2024 12:11pm

First consignment of tractors reaches Tanzania

ISLAMABAD: Pakistan has started export of tractors to an African country, Tanzania, with the first consignment of...

Updated 31 Oct, 2024 03:05pm

Life & Style

Spoon scratching: Kenya’s DIY DJ

NAIROBI: A spoon, some towel hooks, a piece of kettle and a plastic cap – that’s all you’ll need to make a mixing...

Published 04 Oct, 2024 12:37pm

World

Kenya asks IMF to review corruption issues after Western push

NAIROBI: Kenya’s government has asked the International Monetary Fund to conduct an official assessment of...

Published 04 Oct, 2024 06:46am

World

Kenya says it has given India’s Adani group contract to build power lines

NAIROBI: Kenya has awarded a public-private partnership concession to build power transmission lines to India’s...

Published 15 Sep, 2024 06:50pm

Business & Finance

IMF staff in Kenya for fact-finding mission after protests

NAIROBI: A team of staff from the International Monetary Fund is visiting Kenya on a fact-finding trip, the IMF said...

Published 13 Sep, 2024 03:10pm

World

Fire breaks out at another Kenyan school after 17 die in inferno

NAIROBI: A fire broke out at a girls boarding school in a town in central Kenya late on Saturday, leaving at least...

Published 08 Sep, 2024 02:42pm

World

Kenya school fire kills at least 17 children

NAIROBI: At least 17 children died after a fire ripped through their primary school dormitory overnight in central...

Published 06 Sep, 2024 12:25pm

S&P downgrades Kenya credit rating citing tax hike U-turn

NAIROBI: The US ratings agency S&P has downgraded Kenya’s credit rating, citing President William Ruto’s...

Updated 25 Aug, 2024 09:56am

World

Kenya police clear pockets of protesters in capital with tear gas

NAIROBI: Police fired tear gas to clear pockets of anti-government demonstrators from the centre of Kenya’s capital...

Published 08 Aug, 2024 05:48pm

World

Tight security in Kenyan capital ahead of new protests

NAIROBI: Kenyan police patrolled the streets of the capital Nairobi on Thursday, roadblocks were set up on major...

Published 08 Aug, 2024 11:46am

Pakistan

Arshad Sharif murder case: Absence of MLA with Kenya main hindrance, IHC told

ISLAMABAD: The Inspector General of Islamabad Police and the Head of Special Joint Investigation Team (SJIT) ...

Published 01 Aug, 2024 06:34am

Markets

Kenyan shilling unchanged versus dollar, LSEG data shows

NAIROBI: Kenya’s shilling was unchanged against the dollar on Monday, LSEG data showed. At 1100 GMT, the shilling...

Published 15 Jul, 2024 05:52pm

World

Kenyan president sacks cabinet, bowing to pressure from protests

NAIROBI: Kenyan President William Ruto on Thursday fired his entire cabinet apart from the foreign minister, bowing...

Published 12 Jul, 2024 05:48am

Business & Finance

Moody’s cuts Kenya debt rating further into junk

NAIROBI: Moody’s has downgraded Kenya’s debt rating further into junk territory and warned the outlook was negative...

Published 09 Jul, 2024 02:18pm

World

Kenya to borrow funds, spend less after scrapping tax hikes

NAIROBI: Kenyan President William Ruto on Friday announced fresh borrowing plans and spending cuts after contentious...

Published 08 Jul, 2024 06:09am

World

Under-fire Kenya govt says to review state salary hikes

NAIROBI: The Kenyan presidency said Wednesday it had ordered a review of salary increases for public servants in an...

Published 04 Jul, 2024 07:27am

World

Dozens protest in Kenya with riot police out in force

NAIROBI: Dozens of Kenyans took to the streets Tuesday under a heavy police presence, with many shops shuttered as...

Published 02 Jul, 2024 03:06pm

World

Kenya braces for fresh protests despite president’s tax climbdown

NAIROBI: Kenyan police put up roadblocks on streets leading to the presidential palace on Thursday as some...

Published 27 Jun, 2024 01:35pm

World

Kenyan protesters promise more rallies after deadly parliament violence

NAIROBI: Kenyan protesters vowed on Wednesday to keep up their demonstrations against new tax hikes, a day after...

Published 26 Jun, 2024 03:07pm

World

At least 10 dead as police fire at anti-tax protesters in Kenya

NAIROBI: At least ten people were shot dead in Kenya’s capital on Tuesday, a paramedic said, as protests against tax...

Updated 25 Jun, 2024 10:55pm

World

Kenya scraps most new tax hikes as hundreds protest

NAIROBI: Kenya’s government on Tuesday walked back plans to impose multiple tax hikes, the presidency said,...

Published 21 Jun, 2024 06:37am

Business & Finance

IMF reaches staff level agreement with Kenya, urges fiscal consolidation

NAIROBI: Kenya has reached a staff level agreement with the International Monetary Fund on Tuesday, the organisation...

Published 11 Jun, 2024 10:28am

Port of Mombasa: Kenya authorises release of 1,300 containers of Pakistani rice

ISLAMABAD: In a significant development for bilateral trade, the Kenyan government has authorised the release of...

Updated 08 Jun, 2024 12:31pm

World

Kenya floods death toll at 228 as crisis persists

NAIROBI: Kenya said Sunday that the death toll from weeks of devastating rains and floods had risen to 228 and ...

Published 06 May, 2024 05:30am

World

Death toll from Kenya floods rises to 228

NAIROBI: The number of people killed by flooding and other impacts of the heavy rains battering Kenya has risen to...

Updated 05 May, 2024 10:16pm

World

Kenya floods death toll tops 200 as cyclone approaches

NAIROBI: The death toll from flood-related incidents in Kenya has crossed 200 since March, the interior ministry...

Published 03 May, 2024 03:42pm

World

Flash floods, landslide kill at least 45 in central Kenya

MAI MAHIU (Kenya): Flash floods and a landslide in central Kenya killed at least 45 people and injured over 110...

Published 30 Apr, 2024 03:43am

World

Kenya delays schools reopening due to floods

NAIROBI: Kenya said Monday that it would postpone the reopening of schools by one week due to “ongoing heavy rains”...

Published 29 Apr, 2024 12:30pm

World

Kenya military chopper crash kills defence chief, senior officers

NAIROBI: Kenya’s defence chief and nine other top brass died on Thursday in a military helicopter crash in a ...

Published 19 Apr, 2024 05:07am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 21	278.03
USD PKR Interbank Buying / Nov 21	277.78
USD to Japanese Yen / Nov 21	154.92
USD to Swiss Franc / Nov 21	0.88
Pound Sterling to USD / Nov 21	1.26
Euro to USD / Nov 21	1.05

Stock	Volume
S&P 500 / Nov 20	5,917.11
Nasdaq / Nov 20	18,966.14
Dow Jones / Nov 20	43,408.47
India Sensex / Nov 21	77,137.20
Tokyo Nikkei / Nov 21	38,026.17
Hang Seng / Nov 21	19,620.49
FTSE 100 / Nov 21	8,069.57
Germany DAX 30 / Nov 21	18,942.65

Item	Value
Petrol/Litre / Nov 21	248.38
Crude Oil USD/Barrel / Nov 21	69.38
Karachi Cotton PKR/37.32 KG / Nov 21	17,785
Gold 10 Grams PKR / Nov 21	238,340
Gold Spot USD/Ounce / Nov 21	2,662.71
Diesel/Litre / Nov 21	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▼ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▼ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▼ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▲ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▲ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▲ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Nov 21 K-Electric Limited(KEL)	174,389,145 ▲ 0.00
Hascol Petrol / Nov 21 Hascol Petroleum Limited(HASCOL)	63,973,243 ▲ 0.00
Kohinoor Spining / Nov 21 Kohinoor Spinning Mills Limited(KOSM)	62,996,737 ▲ 0.00
Aisha Steel Mill / Nov 21 Aisha Steel Mills Limited(ASL)	48,137,561 ▲ 0.00
Waves Home Appliances / Nov 21 Waves Home Appliances Limited(WAVESAPP)	43,506,391 ▲ 0.00
Lotte Chemical / Nov 21 Lotte Chemical Pakistan Limited(LOTCHEM)	40,852,960 ▲ 0.00
Telecard Limited / Nov 21 Telecard Limited(TELE)	36,937,252 ▲ 0.00
Cnergyico PK / Nov 21 Cnergyico PK Limited(CNERGY)	31,401,025 ▲ 0.00
WorldCall Telecom / Nov 21 Worldcall Telecom Limited(WTL)	31,346,592 ▲ 0.00

Markets →

Budget 2024-25: income tax calculator for FY25

Kenya

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