October 26, 2024

MUIAA

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Muiruri & Associates

We Lead in Finance In the Kenyan Market
Business
Economy
IMF Forecasts Economic Slowdown: Kenya’s Growth Expected to Dip to 5% by 2025
Economy
Finance
Africa Calls for $120 Billion Development Fund: A Push for Fair Financial Reforms
Business
Economy
Kenyan Banks Pledge KSh 450 Billion to Empower MSMEs
Business
News
JP Morgan Appoints Central Bank Veteran Sailepu Montet as Kenya’s Country Director
Business
Economy
Strategic Investment: East Africa Growth Increases Stake in I&M Bank
Business
Economy
PawaPay Hits $1 Billion in Transactions, Expands Beyond Africa’s Big Four Economies

Finance

Reit Investments In Kenya

A Comprehensive Guide to Real Estate Investment Trusts (REITs) & How it is Revolutionizing Real Estate In Kenya

admin010 mins

Introduction to REITs Real estate investment trusts (REITs) offer an exciting opportunity for Kenyan investors looking to diversify their portfolios. By pooling funds from multiple investors to purchase, manage, or finance income-generating real estate, REITs allow individuals to invest in large-scale properties without directly buying or managing them. In a country where real estate remains…

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Mbridge Cbdc

Project mBridge Reaches Milestone, Unveils Global CBDC Platform and Seeks International Collaboration

admin010 mins

Article Highlights: Born from the vision of central banks in Thailand, Hong Kong, China, and the United Arab Emirates, mBridge operates under the Hong Kong BIS Innovation Hub. It’s not a solo act. The project boasts an impressive roster of participants: Africa’s getting in on the action too. The Bank of Namibia, South African Reserve…

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Sukkuk

The Inauguration of Linzi Sukuk Bond: A New Era for Islamic Finance in East and Central Africa

admin05 mins

On July 31, 2024, the Nairobi Securities Exchange (NSE) saw a landmark event—the formal listing of the Linzi Sukuk bond. This event, attended by President William Ruto, marked the introduction of the first Islamic and Sharia-compliant financial asset on the bourse. This significant step reflects the commitment to diversifying investment options in Kenya’s financial market….

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Cbk Og Image

Investors Opt for Short-Term Gains as CBK Raises KSh 23 Billion Amid High Interest Rates

admin06 mins

The Central Bank of Kenya (CBK) recently raised KSh 23 billion during its weekly auction, reflecting a cautious stance among investors. Despite high interest rates, there remains a strong demand for short-term securities, particularly the 91-day Treasury bills, which were oversubscribed. This trend highlights the market’s preference for short-term investments as a hedge against long-term…

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Tether Coin

Tether Reports Record-Breaking Profits of $5.2 Billion Profit in First Half of 2024

admin03 mins

Tether, the leading stablecoin issuer, has announced a groundbreaking profit of $5.2 billion in the first half of 2024. This milestone highlights Tether’s robust financial strategy and its expanding role in global markets. Key Financial HighlightsIn the second quarter alone, Tether’s net operating profit surged to $1.3 billion, a significant increase from the $1 billion…

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Cbk Dollar

Kenyan Microfinance Banks Report KSh 2.4 Billion Pre-Tax Loss in 2023 Because of Rising Expenses and Stiff Competition

admin06 mins

Kenya’s microfinance banks (MFBs) are grappling with substantial financial setbacks, recording a loss of KSh 2.4 billion before tax by December 2023, a sharp increase from KSh 980 million in the previous year. This rise in losses signals serious difficulties in the sector, influenced by several critical factors. Key Factors Behind the Losses Major Contributors…

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