Trends - Kenya - Business Recorder

Kenya

Kenyan shilling gains as Trump pauses tariffs

Kenya’s shilling gained ground against the dollar on Thursday, after U.S. President Donald Trump’s unexpected...

Published 10 Apr, 2025 02:02pm

Opinion

Pakistan’s leapfrogging moment

In the early 2000s, Kenya was not seen as a global technology hub. Yet, within two decades, it became the beating...

Published 21 Mar, 2025 06:57am

World

IMF has received a formal request for a new Kenya financing programme

NAIROBI: The International Monetary Fund has received a formal request for a new programme from Kenyan authorities...

Published 17 Mar, 2025 10:42am

World

Kenya HIV patients live in fear as US aid freeze strand drugs in warehouse

NAIROBI: The health clinic where Alice Okwirry collects her HIV medication in Kenya’s capital Nairobi has been...

Published 11 Mar, 2025 01:55pm

Kenya reduces Customs valuation for Pak rice by 25pc

KARACHI: In a significant development for rice exports, Kenya has revised the Customs valuation of Pakistani rice...

Updated 08 Mar, 2025 04:30pm

Markets

Kenya’s currency seen gaining, others steady

LUSAKA: Kenya’s currency is expected to strengthen in the next week to Thursday, while Nigeria’s, Ghana’s, Uganda’s...

Published 13 Feb, 2025 06:22pm

World

Kenya gold mine collapses trapping 12: police

NAIROBI: A dozen people were trapped after a gold mine in western Kenya partially collapsed, police said Tuesday....

Published 04 Feb, 2025 01:57pm

World

Kenya detains protesters rallying against abductions

NAIROBI: Kenyan police forcibly detained dozens of demonstrators and a senator, AFP witnessed Monday, firing tear ...

Published 31 Dec, 2024 06:32am

Business & Finance

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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 11	280.53
USD PKR Interbank Buying / Apr 11	280.28
USD to Japanese Yen / Apr 11	143.54
USD to Swiss Franc / Apr 11	0.81
Pound Sterling to USD / Apr 11	1.31
Euro to USD / Apr 11	1.14
UK LIBOR % / Apr 11	4.96

Stock	Volume
S&P 500 / Apr 11	5,363.36
India Sensex / Apr 11	75,157.26
Tokyo Nikkei / Apr 11	33,585.58
Nasdaq / Apr 11	16,724.46
Hang Seng / Apr 11	20,914.69
FTSE 100 / Apr 11	7,964.18
Dow Jones / Apr 11	40,212.71
Germany DAX 30 / Apr 11	20,374.10
France CAC40 / Apr 11	7,104.80

Item	Value
Crude Oil USD/Barrel / Apr 11	61.50
Karachi Cotton PKR/37.32 KG / Apr 11	16,785
Gold 10 Grams PKR / Apr 11	290,466
Gold Spot USD/Ounce / Apr 11	3,237.61
Cotton US¢/pound / Apr 11	67.01
Petrol/Litre / Apr 14	254.63
Diesel/Litre / Apr 14	258.64

Gainers
Losers
Leaders

Stock	Price
PIA Holding Co.B / Apr 14 PIA Holding Company Limited B(PIAHCLB)	1,462.40 ▲ 132.95 (10%)
S.S.Oil / Apr 14 S.S.Oil Mills Limited(SSOM)	183.76 ▲ 16.71 (10%)
Diamond Ind. / Apr 14 Diamond Industries Limited(DIIL)	32.12 ▲ 2.92 (10%)
Pak Leather / Apr 14 Pak Leather Crafts Limited(PAKL)	32.99 ▲ 2.86 (9.49%)
Apna Microfin. / Apr 14 Apna Microfinance Bank Limited(AMBL)	13.70 ▲ 1.18 (9.42%)
ZIL Limited / Apr 14 ZIL Limited(ZIL)	322.54 ▲ 26.82 (9.07%)
Tri-Star Power / Apr 14 Tri-Star Power Limited(TSPL)	7.74 ▲ 0.64 (9.01%)
Aruj Industries / Apr 14 Aruj Industries Limited(ARUJ)	8.22 ▲ 0.65 (8.59%)
Grays Leasing / Apr 14 Grays Leasing Limited(GRYL)	4.94 ▲ 0.39 (8.57%)
Engro Powergen / Apr 14 Engro Powergen Qadirpur Limited(EPQL)	34.80 ▲ 2.74 (8.55%)

Stock	Price
Habib Ins. / Apr 14 Habib Insurance Company Limited(HICL)	8.30 ▼ -0.91 (-9.88%)
Gulshan Sp. / Apr 14 Gulshan Spinning Mills Limited(GSPM)	3.01 ▼ -0.32 (-9.61%)
Trust Sec.& Brok. / Apr 14 Trust Securities & Brokerage Limited(TSBL)	11.51 ▼ -1.19 (-9.37%)
Oilboy Energy(R) / Apr 14 Oilboy Energy Limited(R)(OBOYR2)	1.70 ▼ -0.16 (-8.6%)
Khairpur Sug. / Apr 14 Khairpur Sugar Mills Limited(KPUS)	123.25 ▼ -8.69 (-6.59%)
Service Textile / Apr 14 Service Industries Textiles Limited(SERT)	13 ▼ -0.87 (-6.27%)
Idrees Tex. / Apr 14 Idrees Textile Mills Limited(IDRT)	18.38 ▼ -1.1 (-5.65%)
JS Global Cap. / Apr 14 JS Global Capital Limited(JSGCL)	105 ▼ -5 (-4.55%)
Int. Knit. / Apr 14 International Knitwear Limited(INKL)	16.15 ▼ -0.73 (-4.32%)
Bilal Fibres / Apr 14 Bilal Fibres Limited(BILF)	17.50 ▼ -0.79 (-4.32%)

Stock	Volume
Pak Elektron / Apr 14 Pak Elektron Limited(PAEL)	40,742,036 ▼ -0.73
Sui South Gas / Apr 14 Sui Southern Gas Company Limited(SSGC)	38,084,018 ▲ 1.71
B.O.Punjab / Apr 14 The Bank of Punjab(BOP)	33,174,212 ▲ 0.08
Cnergyico PK / Apr 14 Cnergyico PK Limited(CNERGY)	30,469,008 ▲ 0.09
Pak Int.Bulk / Apr 14 Pakistan International Bulk Terminal(PIBTL)	30,266,238 ▲ 0.61
Citi Pharma Ltd / Apr 14 Citi Pharma Limited(CPHL)	25,349,324 ▼ -0.48
WorldCall Telecom / Apr 14 Worldcall Telecom Limited(WTL)	15,776,896 ▲ 0.01
Power Cement / Apr 14 Power Cement Limited(POWER)	14,852,543 ▼ -0.16
The Searle Co. / Apr 14 The Searle Company Limited(SEARL)	12,778,641 ▲ 0.24
Pak Stock Exchange / Apr 14 Pakistan Stock Exchange Limited(PSX)	12,372,096 ▲ 0.16

Markets →

Budget 2024-25: income tax calculator for FY25

Kenya

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