Asena Moffat

Kenya’s public debt stood at KES 10.2 tn, (equivalent to 70.2% of GDP) as of June 2023,. Banking institutions make up for the highest percentage of domestic debt, accounting for 45.2% of government securities. Kenya’s Public Debt per Capita has rose...

Global economy is projected to grow at a rate of 3.0% in 2023, 0.5% points lower than the 3.5% growth recorded in 2022 . Sub Saharan economy is projected to grow at a rate of 3.5% in 2023, a 0.3% points decline from a growth of 3.8% (2022). Kenyan ec...

Industry’s overall Assets under Management (AUM) registered a growth of 7.1% on a q/q basis to KES176.0bn (Q2 2023). Kenya’s Mutual Fund to GDP ( Q2’2023) is at 4.6%, lower compared to an average of 57.6% among select global markets. Listed REITs cap...

Kenya’s current account deficit narrowed by 39.0% to Kshs 84.9 bn in Q1’2023 from Kshs 139.3 bn recorded in Q1’2022. Kenya's FDI inflows increased by 63.9% to USD 0.8 bn (Kshs 93.64 bn) in 2022, from USD 0.5 bn (Kshs 52.4 bn) in 2021. Debt to revenue...

Total deposits in the banking industry rose from KEs4.82trillion in March 2023 to KES5.16trillion in June 2023. The banking sector's Return on Equity (ROE) increased from 27% in March 2023 to 33% in June 2023. Liquidity to finance lending to the priv...