Date              Currency                             Rates
27/02/2020    SAUDI RIYAL                      26.926
27/02/2020    SA RAND                              6.6684
27/02/2020    KES / USHS                       36.5975
27/02/2020    EURO                                109.7471
27/02/2020    CHINESE YUAN                 14.3914
27/02/2020    AUSTRALIAN $                   66.334
27/02/2020    US DOLLAR                      101.0265
27/02/2020    SW KRONER                     10.3634

University staff will today (Thursday) be back in court to push for implementation of a Sh8.8 billion pay hike which has been delayed due to a row with the Salaries and Remuneration Commission (SRC) since November last year.

SRC is expected to explain to the Labour Court how it arrived at the Sh8.8 billion award, even after the 30,000 university staff had put the figure at Sh13.8 billion. READ MORE...

Kenya is among countries in Sub Sahara Africa that are prone to a financial meltdown, according to a report by Moody’s.

According to the rating agency, Kenya is on the list of vulnerable countries that have either unfavorable debt structures with thin external buffers, narrow domestic debt market and/or a weak debt management capacity. READ MORE..