Browsing: Global pandemic

Debt service is putting tremendous pressure on East African governments because of limited foreign exchange earnings; therefore the Covid-19 vaccination program for East Africa will give investors confidence in most sectors especially agriculture and tourism which are major foreign exchange earners for the region.

The foreign exchange gains will lead to a positive trickle-down effect to the different businesses and general population.

Bearish sentiment protracts continues being the dominant theme in the Kenyan equities markets as uncertainty clouds economic and business recovery…