@koech235 i said their loans attract 0% interest rates not that they are free. There are 7 countries in EA that take IMF loans. Kenya being the proposed site for ebola facility is strictly stupidity from Ruto.
@moses_omar8068 Unfortunately, the underlying business is trash… and the lack of a tangible offer means this is wholly speculative. Sold my shares today
@dubstepdodo@Shimbirta2@Macr0_Nerd@madkiqofficial are you new to this country? lmaoo. That is literally what the government does. Instead of paying off loans, they just tax you more. wewe ni mgeni taon naona.
@1EliteInvestor handsight is always 20/20. In all honesty, some opportunities are still obvious and some people are shouting at the top of their voices that they are obvious.
Ahead of the June 9th Monetary Policy Committee meeting, Kenya's headline inflation ratchets up further past the mid-point to close May at 6.7%.
Three important observations to make in the May 2026 inflation numbers:
· Non-core Inflation has crossed the mid-teens to close at 16.0%
· It's the first time since August 2025 that we are seeing Core Inflation > 3.0% having closed at 3.2%
· The headline print is at the closest it's been to the prescribed ceiling (7.5%) in 28 months
The last time I caught up with the Governor of the Central Bank in April, he indicated a number of things:
· While data still suggested there was scope to further unwind the benchmark, the war on Iran & the ensuing supply side shock risked complicating the pathway going forward
· The first & core mandate of the apex bank is price stability & it is important that inflation are not only anchored, but anchored early enough
I anticipate tightening in the June 9th meeting.