Kilumo wa Randu

Manchester United Fan

[MadamEconomist @PerisMuchiri7]

🌐
Global Monetary Stance

Central Banks shifts

》🇯🇵 Bank of Japan: hiked 25 bps to 1%, the highest since 1995

》🇪🇺 ECB: hiked rate by 25 bps last week

With US-Iran peace deal, oil prices are falling,
CBs staying hawkish until supply stability sticks?

#BoJ #ECB #policyrate

[The Kenyan Investor @KenyanInvestorr]

Treasury CS John Mbadi gave small banks more breathing room. The minimum core capital climb to Sh10 billion now has until December 31, 2032, and he scrapped the yearly milestone targets entirely.
This came a day after CBK said the deadlines were NOT moving. So the politics here is real.

What’s core capital? Shareholders’ own money in the bank, the cushion that absorbs losses. Banks that fell behind risked being downgraded to microfinance institutions. The extension saves the smaller lenders, but it also delays the stronger, better-capitalised banking sector CBK has been pushing for. More time to comply, more time exposed. I’m genuinely torn on this one.

#Banking #Kenyaninvesting

[Mwango Capital @MwangoCapital]

A few notes we took from Uganda's Budget statement yesterday:

[Sulaiman Ahmed @ShaykhSulaiman]

BREAKING: IRAN STATEMENT ON PEACE DEAL

Iran Supreme National Security Council Statement:

“The Islamic Republic of Iran, under the leadership of its martyred leader, has completed its superiority over the
American Zionist enemy and, under the measures of the Supreme Leader of the Islamic Republic (may God protect him), the support of all the people and the tireless efforts of the warriors of Islam, following a
difficult and intensive period of negotiations lasting several months and based on the resolution of the Supreme National Security Council, finalized the text of the Memorandum of Understanding on the End of War Negotiations (Islamabad Negotiations) between Iran and the United States on the evening of June 14.

Based on the agreements reached, the war and military operations on all fronts, including Lebanon, will end immediately and permanently as of tonight, and in addition, the naval blockade against Iran will be immediately and completely ended.

The signing of this Memorandum of Understanding will be officially held on Friday, June 19.

Negotiations for a final agreement will be postponed until after the other party fulfills its obligations in accordance with the Memorandum of Understanding. The Islamic Republic of Iran appreciates the efforts of the Islamic Republic of Pakistan and the Government of Qatar.”

[MadamEconomist @PerisMuchiri7]

🌐
Global Monetary Stance;

ECB
》25 bps up on policy rates

https://t.co/pQAlYn21Hx

[Kenya Met Department 🇰🇪 @MeteoKenya]

🌍🚨 El Niño Watch 2026

@MeteoKenya is closely monitoring the anticipated development of El Niño conditions in 2026, with forecasts indicating a high likelihood of occurrence and persistence through the end of the year.

🌦️ While impacts vary by season, El Niño is often associated with enhanced rainfall during the October–December season across Kenya.

🎥 Want to learn more? Join our Public Webinar!

🗓️ Friday, 12th June 2026
⏰ 10:00 AM – 11:00 AM (EAT)

Topics:
✅ What drives El Niño
✅ Potential impacts on Kenya
✅ Preparedness actions
✅ Interactive Q&A Session

🔗 Register here:
https://t.co/2unsT0fNuF

📢 Stay informed through official KMD weather updates and advisories.

#ElNino2026 #KenyaWeather #ClimateServices #EarlyWarningForAll #StayInformed 🇰🇪🌦️

[Central Bank of Kenya @CBKKenya]

Press Release: Monetary Policy Committee Meeting

[The Kobeissi Letter @KobeissiLetter]

The US job market is experiencing a historic divergence:

US information technology employment has declined -11%, since the launch of ChatGPT in November 2022.

During this period, the tech sector has shed -332,000 jobs, down to 2.78 million.

At the same time, private education and health service employment has risen +13%, to an all-time high.

This comes as the sector has added +3.16 million jobs.

As a result, technology employment is now below pre-pandemic levels seen between 2017 and 2019.

AI remains a key force transforming labor market conditions.

[Julians Amboko @AmbokoJH]

Rwanda has secured a 38-months long US$250.0 million Extended Credit Facility with the IMF.

Immediate disbursement is US$35.7 million.

Kenya waits.

[Kenyan Wall Street @kenyanwalstreet]

If the Central Bank Rate is 8.75%, why are some borrowers still paying 14% or more?

Christopher Legilisho breaks down an important distinction that often gets missed:

The CBK sets the benchmark.
Banks price the risk.

Why? Because banks are assessing:
– Credit risk
– Business conditions
– Economic uncertainty
– The likelihood of repayment

The result is what economists call a “transmission gap,” where policy changes at the top take time to fully reach borrowers on the ground.

Watch the full conversation with Charity Hudini:
https://t.co/1Xn7TBj371

[Dr Chris Kiptoo, CBS @DrChrisKiptoo]

We have reached agreement on the implementation of the Kenya–U.S. Health Cooperation Partnership, a five-year programme valued at US$1.6 billion. The programme will support disease surveillance and outbreak response, laboratory systems strengthening, health commodities, frontline health workforce transition and digital health systems.

U.S. companies operating in Kenya continue to make a significant contribution to job creation, skills development, investment and economic growth, underscoring the strong economic ties between our two countries.

I received Susan Burns, Chargé d’Affaires at the U.S. Embassy in Kenya, who paid a courtesy call on me at the National Treasury. We reaffirmed our shared commitment to deepening economic cooperation, strengthening trade and investment ties and advancing the longstanding partnership between our two countries.

@USAmbKenya @USEmbassyKenya @MOH_Kenya @HonAdenDuale @fnoluga @psmuthoni

[Mwenda @MwendaKev]

Who is this Nigerian girl doing Larry's job better than Madowo?

[Kenya Bankers Association (KBA) @KenyaBankers]

In Case You Missed It...
(LISTEN):https://t.co/AHRvLcuICX

[Reads with Ravi @readswithravi]

Parkinson’s Law:

[Reads with Ravi @readswithravi]

Don't use your energy to worry. Use your energy to learn and create.

[Kilumo wa Randu @RKilumo]

@PerisMuchiri7 @StellarSwakei @mcm1777 @KenyaBankers @CBKKenya @IEAKwame @nderi_j @AmbokoJH @ill_dduor @datanfan96 @kasiva_mutisya @mytradesignals @KiproMw A hold it is,

[Kenya Bankers Association (KBA) @KenyaBankers]

As the Central Bank of Kenya's Monetary Policy Committee (MPC) prepares to meet next week, the Kenya Bankers Association Centre for Research on Financial Markets and Policy is recommending a modest increase in the Central Bank Rate (CBR) to help control rising inflation.

In its latest Research Note, the Centre notes that inflation is rising mainly because of higher global oil prices, which have pushed up fuel costs. The report also points to slower economic growth, and growing pressure on Kenya's import bill.

While the Kenya Shilling remains stable, the Centre argues that higher fuel prices could lead to increases in the cost of transport, manufacturing, and essential goods and services across the economy.

The Centre therefore notes that raising the CBR can help keep inflation under control and support price stability in the months ahead. Read More: https://t.co/yd71thlHGL

#KBAResearchNote

[Julians Amboko @AmbokoJH]

Relatively steep climb in yields during this week's T-Bill auction:

· 91-Day at 8.56% from 8.39% last week
· 182-Day at 8.53% from 8.25% last week
· 364-Day at 8.76% from 8.63% last week

Key thing is that GOK gobbled up everything (i.e. of Kes 54.58 billion worth of bids received, Kes 54.55 billion was accepted).

Between lumpy redemptions & rising inflation, the state is losing its leash on pricing.

[IRIB (Islamic Republic of Iran Broadcasting) @iribnews_irib]

American trade:
1. Builds a military base in your country.
2. Attacks another country from that base.
3. Then sells a defense system to your country!

[𐙚⋆ @voidwithverses]

“An enemy will agree, but a friend will argue”

— Russian Proverb