Kenya: Experts Analyse Economic Woes Kenya Faces

Economy experts have dispelled fears that investors are losing confidence in Kenya, following the low performance of the Central Bank of Kenya (CBK) tap sale earlier this month and the poor performance of ten and twenty-year bonds issued this week.

Churchill Ogutu, Senior Research Analyst at IC Group, and Stellar Swakei, an Economics and Investment Analyst, maintain that the market remains relatively stable despite the shilling losing ground to the dollar. The two experts point to various…